HAFC - 10 months CUP & HANDLE CONTINUATION
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Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
Quite unique "Matrioska" Triple Cup & Handle pattern (go down to 30 minutes chart to better see the yellow one). This is a great pattern but I suggest to not anticipate a breakout in this case, I would wait the main one (orange) to occur before considering any action.
All information is shown on the chart.
Pattern Class: 🌕🌕🌕🌕🌕
Target area: see chart
Breakout area: see chart
Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
═════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
Quite unique "Matrioska" Triple Cup & Handle pattern (go down to 30 minutes chart to better see the yellow one). This is a great pattern but I suggest to not anticipate a breakout in this case, I would wait the main one (orange) to occur before considering any action.
All information is shown on the chart.
Pattern Class: 🌕🌕🌕🌕🌕
Target area: see chart
Breakout area: see chart
Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
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