Perfect Cup and Handle Pattern

21 Ağu 2020

Let me know if I'm wrong,

I don't usually trade patterns, but I saw the Nasdaq closed nicely so this weekend should be good in Crypto... and then I saw this classical and popular pattern:

The Cup and Handle pattern was discovered by O'Neill and "the handle follows the classic pullback expectation, finding support at the 50% retracement in a rounded shape".

21 Ağu 2020

İşlem elle kapatılmış

I saw weakness so booked profits.

Please note that while I post trading ideas with targets, I often book profits and exit early ... then back in etc.

I will go back in if pattern remain valid this weekend.

Best,

Putrid

21 Ağu 2020

Not

Actually, it was me that dropped the nuke on this. Sorry.