Cup and handle for EURUSD
Güncellendi
HI all,
Here we have the EURUSD on a 4HR time frame which could be showing a cup and handle pattern, which could be considered bullish! A good way to measure the TP is to wait for a retest at the top of the cup or a candle close above.. and to count the TP distance you can count the pips from the bottom of the cup to the break out level and extending that distance upwards.
Good luck and trade safe,
L
** This is not financial advice - this is my opinion and this is for educational purposes only, All feedback is welcomed **
Here we have the EURUSD on a 4HR time frame which could be showing a cup and handle pattern, which could be considered bullish! A good way to measure the TP is to wait for a retest at the top of the cup or a candle close above.. and to count the TP distance you can count the pips from the bottom of the cup to the break out level and extending that distance upwards.
Good luck and trade safe,
L
** This is not financial advice - this is my opinion and this is for educational purposes only, All feedback is welcomed **
Not
There is also a Double top on the daily, with a strong bearish candle.. maybe stick to the side-lines for this one, until confirmation of either way..
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.