Cup & Handle pattern
Daily hidden bullish divergence on the MACD and RSI
The 'Handle' respected the 0.618 fib. retracement well
Stop = Under 0.618 fib. retracement
Target = 1.618 fib extension
Daily hidden bullish divergence on the MACD and RSI
The 'Handle' respected the 0.618 fib. retracement well
Stop = Under 0.618 fib. retracement
Target = 1.618 fib extension
Note
Failed trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.