🔥 Learning of the Day 🔥 "SuperTrend" is a best indicator | Jazzy Traders on Binance Square

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🔥 Learning of the Day 🔥
"SuperTrend" is a best indicator for beginners to identify market direction.
#TradingTypes101 #CryptoLearning 

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🔥 Learning of the Day 🔥 👉👉 Cup And Handle Pattern Cup and Handle Pattern: A Bullish Breakout Signal The Cup and Handle pattern is a popular chart formation in technical analysis that signals a potential bullish continuation. It gets its name from its distinctive shape a rounded "CUP" followed by a small downward drift or consolidation known as the "HANDLE." ✴️ How it works: The cup resembles a "U" shape, showing a period of consolidation and recovery. The handle forms as a short pullback or sideways movement, indicating a brief pause before the next move. A breakout occurs when price moves above the handle's resistance, often triggering a strong upward trend. ✴️ Key Points: ✅ Signals potential upward momentum ✅ Best used on longer timeframes (daily/weekly charts) ✅ Volume confirmation strengthens the pattern Traders often watch this setup for entry points before the breakout. Like all patterns, it’s not foolproof so always use risk management! #TradingTypes101

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