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mirren

12,284 Posts.

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19/10/17

21:59

Post #: 28047363
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Originally posted by 5hareholder ↑

And while I'm blowing off a head of steam, I reckon 95% of the people don't know what a cup & handle chart pattern is.

This is not a C&H....

View attachment 782625

There is no prior uptrend. There is no consolidation that retains at least the 61% fib of the prior uptrend.

You're looking for the following style of charting pattern in a C&H. A prior uptrend, and somewhat of a retainment of the prior move during the cup formation.

View attachment 782628

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