Key levels:
Support: 3100
Resistance: 3290
1. **Bullish Continuation:** Signals a likely continuation of an uptrend after a brief consolidation phase.
2. **Positive Sentiment:** Reflects a shift from bearish to bullish sentiment in the market.
3. **Price Consolidation:** Shows a period of price stabilization and reduced selling pressure.
4. **Volume Confirmation:** Increasing volume during the breakout validates the pattern's reliability.
5. **Entry and Exit Points:** Helps traders identify optimal entry and target levels.
6. **Combine with Indicators:** Enhanced reliability when used in conjunction with other technical indicators.
Remember, while the cup and handle pattern can be a useful tool, always practice proper risk management and consider other factors before making trading decisions.
Support: 3100
Resistance: 3290
1. **Bullish Continuation:** Signals a likely continuation of an uptrend after a brief consolidation phase.
2. **Positive Sentiment:** Reflects a shift from bearish to bullish sentiment in the market.
3. **Price Consolidation:** Shows a period of price stabilization and reduced selling pressure.
4. **Volume Confirmation:** Increasing volume during the breakout validates the pattern's reliability.
5. **Entry and Exit Points:** Helps traders identify optimal entry and target levels.
6. **Combine with Indicators:** Enhanced reliability when used in conjunction with other technical indicators.
Remember, while the cup and handle pattern can be a useful tool, always practice proper risk management and consider other factors before making trading decisions.
Regards
SuperChartz
telegram.me/SuperChartz
Instagram.com/SuperChartz
facebook.com/SuperChartz
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youtube.com/@SuperChart
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youtube.com/@SuperChart
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İlgili yayınlar
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.
Regards
SuperChartz
telegram.me/SuperChartz
Instagram.com/SuperChartz
facebook.com/SuperChartz
twitter.com/SuperChartz
youtube.com/@SuperChart
Get TradingView Premium 👇
in.tradingview.com/?aff_id=130166
SuperChartz
telegram.me/SuperChartz
Instagram.com/SuperChartz
facebook.com/SuperChartz
twitter.com/SuperChartz
youtube.com/@SuperChart
Get TradingView Premium 👇
in.tradingview.com/?aff_id=130166
İlgili yayınlar
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.