Hi Community! I am new and just approaching TA and chart analysis, patterns, and this whole fascinating world.
Here is my take, if the Cup & Handle is confirmed and breakout at 0.1465:
TP1: 0.1608
TP2: 0.171
TP3: 0.18
Is it too early to say that a Cup & Handle pattern is forming? What other indicators do you use - if any - to confirm it?
Comments and feedback are most welcome. Happy trading!
------------------------------------------------------ Needless to say, this is not financial advice!
交易進行
⋅
Cup & Handle confirmed. We already touched TP1. Chart looks good on the hourly timeframe where the price finds support on both the EMA50 and EMA 200. TP2 should be next.
Comments and feedback are most welcome. Happy trading!
------------------------------------------------------ Needless to say, this is not financial advice!
交易進行
⋅
TP2 also achieved: +16.7% from breakout price. Will we reach TP3?
Comments and feedback are most welcome. Happy trading!
------------------------------------------------------ Needless to say, this is not financial advice!