đ Day 1 of 30 Days, 60 Patterns Challenge!
đ Pattern: Cup and Handle
A bullish continuation pattern resembling a tea cup âïž. After a rounded base and a small dip (handle), price often breaks out upward.
đ Key Levels:
âą Support: At the bottom of the cup
âą Resistance: At the cup rim
âą Entry: On breakout above resistance
âą Stop Loss: Below handle low
âą Target: Equal to depth of the cup added to breakout point
â Great for swing trades or breakouts!
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