US Tech 100
The "cup and handle" is a bullish technical analysis pattern used in trading to identify potential upward movements in the price of an asset. Here’s a breakdown of the pattern:
Cup
Formation: The "cup" part of the pattern resembles a U-shape. It forms as the asset’s price experiences a rounded bottom after a decline.
Characteristics:
Decline: The left side of the cup represents a drop in price.
Bottom: The bottom of the cup is typically rounded, indicating a gradual shift from sellers to buyers.
Rise: The right side of the cup shows the price rising back up, approaching the previous high.
Handle
Formation: After the cup formation, the price typically consolidates in a small, downward-sloping channel or sideways movement, forming the "handle."
Cup
Formation: The "cup" part of the pattern resembles a U-shape. It forms as the asset’s price experiences a rounded bottom after a decline.
Characteristics:
Decline: The left side of the cup represents a drop in price.
Bottom: The bottom of the cup is typically rounded, indicating a gradual shift from sellers to buyers.
Rise: The right side of the cup shows the price rising back up, approaching the previous high.
Handle
Formation: After the cup formation, the price typically consolidates in a small, downward-sloping channel or sideways movement, forming the "handle."
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.