Wednesday, November 7, 2012

Cups and Handle pattern

Now look at the picture below Cups and handle pattrn.
It is bullish continuation pattern, It consist of Cup and handle.
Parts :
1. Cup
2.Handle

movement will be up after completetion of Cup
This pattern can range from several months to years.


A tradition cup and handle pattern should be between o1/3 and 2/3 of the size of previous upward movement , depending on volatality.

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