Discover and read the best of Twitter Threads about #cupandhandle

Most recents (4)

$MEGL vs $HKD PT 1: I hate when this happens. #megl #stock #cupandhandle may not be done just yet, let's begin. I began to notice the odd behavior from megl today in price action. I was curious so i began to compare #IPO's with #hkd. I noticed some rhyming... cont
$MEGL vs $HKD PT 2: Let's take a #fibonacci retracement from the first candle to the low of the day. You'll see we faced rejection @ the 1.618 ratio. Now let's take some fibs from the top of the cup to the low of the day and we can now see some higher targets that... cont
$MEGL vs $HKD PT 3: ... have more to do with #hkd #stock. before we go there let's take note that our second trading day first stop could be at #megl's all time high based on the patterns target via trend lines explained in the pt 1 video... cont
Read 6 tweets
$BBBY-Formation Confirmed PT 1: The SMA100 played the support just like we spoke about yesterday. In doing so, the pattern became more apparent. To gain an edge on an area for either take profit or interest, let's take some #Fibonacci targets... cont Image
$REV-Macro Perspective PT 2: Our implied pattern is a #cupandhandle. We mentioned yesterday that we'd be able to form this candle only if we found support off of the 100 day simple moving average... cont Image
$REV-Macro Perspective PT 3: We can see through #fib levels that #BBBY is respecting market geometry. Based on previous areas of supports and resistances, our first stop would be $6.36 and then our 1 fib ratio @ $6.52. maintaining support at our 0.618 fib ($5.71) can...cont Image
Read 5 tweets
Thread 🧵explaining #CupHandle Pattern used in #TechnicalAnalysis
(Must read for #TA learners)

🙏Like & RT to spread learning with all🙏

@rohanshah619 @Mitesh_Engr
@PAlearner @Puretechnicals9

Views Welcome

#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
Read 7 tweets
Important chart pattern in technical analysis . If we go towards lower TF to higher TF the success rate of that patterns increases
#techicalanalysis (weekend learning)

#doubletop

Double top has 70% success rate , it normally formed when stock at their peak

@sanstocktrader Image
#Doublebottom

Double bottom is just opposite of double top . Its success rate also 70% according to technical boys , it is normally formed when price is rejected to go lower from previous low

@PAVLeader Image
#cupandhandle

Cup&handle pattern is also very popular pattern that normally formed when stock normally got corrected & again come to same level .its success rate also good 60%.

@rohanshah619 Image
Read 8 tweets

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