cup handle pattern formed - bullish sign, page-6

CUP & SAUCER normally form a base of periodic consolidation prior to the handle forming, the handle indicates a sign of fresh buying coming into play and the majority of stale bulls exiting, then after the spike up from the consolidated period, we get short term profit taking falling in to place, whilst the next move up clearing the previous high on S/P from the conso period starts to form the pattern of C&P, the previous high on the handle needs to break for confirmation of the S/P heading north. AQP is an example on daily charts of the pattern emmerging, a double C&P on consolidation is quite powerful for the next up rise on S/P...