Figure "Cup and Handle" (bearish)
- The "Bearish Cup and Handle" begins to form with a bullish movement that
gradually slows down (bends) and turns into a gradual bearish
movement, drawing a figure on the chart.
- After the formation of the "Cup", the second mandatory
component of the figure is formed, which is the "Handle". After the formation
of the minimum on the right side of the "Cup", a slight pullback occurs,
which forms to the right of it and creates the "handle".
This post is for educational purposes only and is not financial advice ⚠️