Cup and Handle pattern is seen in Bank nifty today
What is a Cup and Handle Price Pattern?
The cup and handle is an accumulation buying pattern, which is found during long periods of consolidation, and can lead to powerful explosive moves once the pattern is fully completed.
What is a Symmetrical triangle pattern?
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
We can see both Cup and Handle and Symmetrical triangle pattern seen in Bank nifty and ready for breakout/down.
The cup and handle is an accumulation buying pattern, which is found during long periods of consolidation, and can lead to powerful explosive moves once the pattern is fully completed.
What is a Symmetrical triangle pattern?
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
We can see both Cup and Handle and Symmetrical triangle pattern seen in Bank nifty and ready for breakout/down.
Komentar:
5 mins chart
Komentar:
15 mins chart
Trading ditutup: target tercapai:
Market is so crazy that target is achieved at the beginning of the session it self ;-)
