Cup and Handle Chart Patterns Forming Right Now(ZT)

青影

The cup and handle chart pattern can signal a reversal or a continuation of the trend. Wait for the price to break above the handle before taking a trade, and place a stop loss below the handle. An estimated profit target is the height of the cup portion added to the breakout price. The risk/reward on the pattern is favorable assuming the handle is smaller than the size of the cup (must be, otherwise it isn't a cup and handle pattern). Handles can last for weeks and become quite complex, which means some losing trades may occur before a real breakout happens. Decide beforehand if you are willing to enter the same trade more than once if stopped out.

dsp

Thanks. "The cup and handle chart pattern can signal a reversal or a continuation of the trend."

I was wrong and thought this pattern is always bullish.

源济

谢谢分享，周末愉快！

Elephant

dsp 发表于 2015-5-31 12:09 PM
Thanks. "The cup and handle chart pattern can signal a reversal or a continuation of the trend."

...

这不就99%正确了嘛,可涨可跌的.

青影

Elephant 发表于 2015-5-31 08:07 PM
这不就99%正确了嘛,可涨可跌的.

都是涨吧？就是有的情况是底部reversal，有的是涨势中继continuation of the trend，杯子应该是正着放的，所以口朝上。。。

zhao

Elephant

青影

据说handle的回测不能低于61.8%。。。