Cup And Handle Chart Pattern

Cup And Handle Chart Pattern. The cup and handle are the chart patterns that occur on the graphs or charts to indicate the market situation. The pattern happens when bulls are overpowered by bears in.

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The cup and handle pattern is a bullish continuation pattern. Cup and Handle: A cup and handle pattern on bar charts resembles its namesake, a cup with a handle. Such a pattern shows that a stock got rid of weak hands and that big operators accumulated size.

Firstly, it does not occur within a specific timeframe.

The price range doesn't fall beneath the upper half of the cup's own depth (at least under normal circumstances).

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A Cup and Handle can be used as an entry pattern for the continuation of an established bullish trend. A Cup and Handle can be used as an entry pattern for the continuation of an established bullish trend. Sometimes it forms within a few days, but it can take up to a year for the pattern to fully form.

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Janice Pierce

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