The cup and handle pattern was first identified by entrepreneur and stockbroker William J. O’Neil and explained in his 1988 book “How to Make Money in Stocks.” The bullish chart pattern is easy to ...
Technical traders make their living on the recognition of specific stock chart patterns. The more prominent and pronounced the pattern, the easier it is to recognize during formation. Few are as ...
You might be familiar with “island reversals” or “pennants”, “double bottoms” or “falling wedges”. These are some of the many recurring patterns that appear in stock charts that now have their own ...
Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...
The cup-and-handle pattern is aptly named because it resembles a teacup with a handle. On a stock chart, the cup appears as "U" shape. The handle appears as if it had the shape of a backslash symbol ...
XRP’s price printed a cup-and-handle pattern on the four-hour chart, a technical chart pattern associated with strong upward momentum. Could this bullish setup and reducing balance on exchanges signal ...
A well-known bullish price pattern is drawing fresh interest on technical charts. SEBI-registered analyst Rohit Mehta explained the Cup and Handle setup, calling it a classic breakout formation that ...
Bitcoin (BTC) is one of the cryptocurrencies that was affected by the recent market downtrend as it attained a 90-day low price of $33,184.06. However, the Cup and Handle Chart pattern shows that it ...
The cup and handle pattern predicts a bullish trend, indicating a potential buy opportunity. Look for a U-shaped cup and a shallow handle to identify ideal cup and handle patterns. Confirm the pattern ...
When you’re reading up on stocks or listening to interviews with professional traders, you may come across specific terms that describe different chart appearances. A cup and handle pattern is ...