📈 How to Utilize the "Cup & Handle" Model to Achieve Profits?
> It is a continuation pattern that indicates a resumption of the upward trend after a correction period.
This pattern indicates the continuation of the upward trend!
Follow these steps:
☕ Recognizing the Pattern:
- The Cup: A U-shaped decline (it should not be sharp).
- The Handle: A sideways movement or slight correction after the cup forms.
🎯 Entry Point (ENTRY):
- Enter a buy trade after breaking the handle level (BREAK OUT) with an increase in trading volume.
- Ensure that the breakout is accompanied by high trading volume to increase the credibility of the signal.
🛑 Risk Management (STOPLOSS):
- Place the "stop loss" below the bottom of the handle or the lowest point in the cup.
- Stick to a trade size that does not exceed 5% of the capital.
💡 Golden Tip:
The pattern may take weeks or months to form, so be patient and wait for clear signals!
🚨 Alert: The pattern reflects the strength of buyers after a accumulation phase, but it requires confirmation of the breakout and precise risk management.
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