Cup and handle on the daily if the price remains above 121.98 ?
The handle should not drop into the lower half of the cup and that means price should not go down to less than 122$
Wait for a handle form. The handle often takes the form of a sideways or descending channel or a triangle. Buy when the price breaks above the top of the channel or triangle.
Only when the price moves out of the handle, the pattern is considered complete so trade accordingly.
Wait for a handle form. The handle often takes the form of a sideways or descending channel or a triangle. Buy when the price breaks above the top of the channel or triangle.
Only when the price moves out of the handle, the pattern is considered complete so trade accordingly.
Penafian
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