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V Bottom

169
V Bottoms are similar to the Cup & Handle but a handle is not a prerequisite.
The V bottom is often just a pointed bottom and may be only 1 candle, and often it is just 1 candle. It is not rounded like the cup.

If you see a Cup & Handle flying high with no handle, maybe wait, or keep a tight stop, because usually (and I emphasize usually) a handle will eventually form.
This bottom is not rounded like a cup.
Both the V and the Cup use depth to calculate targets,

No recommendation.

There is always a bull market somewhere.

This is not to EL level.
Nota
The recent targets are in green/not white. I forgot to erase the old targets

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.