A chart pattern known as a "inverted cup and handle" shows bearish continuation and signals a sell signal. Consider it a cup with a handle that is upside down. There is a clear 'u' shape and downward handle in the normal cup and handle pattern, followed by a bullish continuation.
The Cup and Handle inverted pattern creates an upside-down cup and handle. A pullback from a swing low precedes a sell-off to the prior swing low, and the pattern stops due to underlying support. The stock then stalls with minor upward pressure, similar to a bear flag, before breaking down below support.
The cup can last anywhere from one to six months, and in some cases even longer. The handle should take 1-4 weeks to develop and finish. When the stock breaks out or rises higher through the old point of resistance, it is called a buy point (right side of the cup). With sufficient volume, this breakout should occur.
It occurs when a downward price wave is followed by a period of stabilisation. After then, prices rise to about equalise the previous fall. It forms a U-shape, or "cup," in the "cup and handle." Within a channel, the price then travels sideways or downward, forming the handle.
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Amir Tufail
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So it's mean that Trends are 3 types : i) Bullish (ii) Barresh (iii) Siteway
And Traders are i) position trader (ii) Swing Trader (iii) Day trader (iv) Scalper Trader
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Bhimani Nirbhay
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good l
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Mohd Abdullah
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Nice
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Akash Kumar
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NA
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Bhupendra Yadav
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Deepanshu Singh
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Best Technical Analysis Course....
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md arman
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i watch this 4,5 times but really i don't understand the topic.
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Parshuram Bagade
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Very nice explaination about stock market
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Subham Kumar sahu
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Option trading course
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Prasoon Dixit
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As we know in fundamental basics we need to follow the two approaches 1 top-down approach 2nd Bottom-up approach.Kindly give some examples of bottom-up approach and top-down approach,(Discussion box?)
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