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Thread 🧵explaining #CupHandle Pattern used in #TechnicalAnalysis
(Must read for #TA learners)

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@rohanshah619 @Mitesh_Engr
@PAlearner @Puretechnicals9

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#TechnicalAnalysis #StockMarket
1⃣

Cup and Handle is a #bullish continuation chart pattern. It is formed by two rounded troughs, the first being deeper and wider than the second.

The first trough is known as #cup while second trough is known as #handle.

#TechnicalAnalysis #ChartPatterns #Charts #StockMarket
2⃣

The high points of the cup and the handle are aligned on the same horizontal #resistance line known as the #neckline of the cup with handle pattern.

#TechnicalAnalysis #ChartPatterns #Charts #StockMarket
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