Not your ideal cup & handle, but will monitor it in the next few days to see if it will trend higher after it closed the possible "handle" for a long position.
Note
I have updated my chart to show better the cup & handle formation.Better visual on the support level and plotted an ascending triangle forming that could be further confirmation of a bullish signal.
Here is the updated link:
Good hunting!
Trade closed manually
Unfortunately this trade did not pin out as I wanted.After taking a small loss, I was monitoring this and traded first at support around 28s and then again when it breached resistance at 38-40s
Now I am all out!
Aris Bernasconi, MBA, Certified Specialist for Finance and Accounting
E-Mail: aristocks@gmail.com
E-Mail: aristocks@gmail.com
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.
Aris Bernasconi, MBA, Certified Specialist for Finance and Accounting
E-Mail: aristocks@gmail.com
E-Mail: aristocks@gmail.com
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.