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Cupandhandlepattern

Are We Headed into a Bear Market?Hey all, as you can see USDT Dominance has formed a beautiful Cup and handle pattern which means we are up for a massive potential breakout and this could mean we are entering into a bear market. Now if we do, we will have to start shorting the market and stick to intraday scalping instead of higher time frame trades. This will be a great opportunity for us to start accumulating for the next bull run to come. But! This isn't for sure and many things can happen, so for now it's just a waiting game.
CRYPTOCAP:USDT.D
by UnknownUnicorn15302902
$CHD breaking out of a ~4month cup and handle!Notes: * Excellent earnings record * Very strong up trend in the long term * Breaking out of a ~4 month base * Formed a larger cup with high handle on the monthly time frame * Broke out with higher than average volume before earnings Technicals: * Sector: Consumer Defensive - Household & Personal Products * Relative Strength vs. Sector: 1.3 * Relative Strength vs. SP500: 2.47 * U/D Ratio: 1.3 * Base Depth: 9.52% * Distance from breakout buy point: 0.05% * Volume 61.09% above its 15 day average. Trade Idea: * You can enter now as the price is extremely close to the breakout level * If you're looking for a better entry you can look for an opportunity around $103.37 * Or due to the current market conditions $103 is also possible * Manage risk accordingly
NYSE:CHDLong
by HaseebKhan_90
cup and handle with bullish flag?!Entry: $5.55 SL: $5.15 (loss 6 %) (visual only, close if daily closing price below) TP1: $6.60 (profit 20 %, ratio 3.2) TP2: $9 (profit 63 %, ratio 9.5) Hello Traders, In my opinion, this stock forms a good opportunity for a purchase. The risk-reward ratio looks very good. After Sunopta formed a cup and handle, a bullish flag is now formed and the breakout from the upper trend line could now occur. If this is the case, then a buy signal is created. Deutsch Hallo Trader, Meiner Meinung nach bildet diese Aktie eine gute Möglichkeit für einen Kauf. Das Chancen-Risiko-Verhältnis sieht sehr gut aus. Nachdem Sunopta eine Untertassenformation geformt hat, wird nun eine bullische Flagge gebildet und der Ausbruch aus der oberen Trendlinie könnte nun erfolgen. Falls dies der Fall ist, dann entsteht ein Kaufsignal.
NASDAQ:STKLLong
by Wiesel90
UONE-Can you "Cup and Handle" it? "Cup and Handle" pattern identified on Urban One's ( UONE ) daily chart. Position-No position entered at time of pattern recognition Stance-NEUTRAL until the handle breaks at the top or bottom. My intended play- I will take it to the upside if the price goes beyond the top of the handle. However, I will do the opposite if price breaks the bottom of the handle. *Note of importance- Please keep in mind that Urban One has earnings May 5, 2022. *******THIS IS NOT FINANCIAL ADVICE*******THIS IS NOT FINANCIAL ADVICE*******THIS IS NOT FINANCIAL ADVICE*******
NASDAQ:UONE
by MrALtrades00
$CINT is building a base you can't ignore and here's why!* Was building out a cup an handle pattern * Was due to break above $19 but due to the current market conditions it pulled back * Since then $CINT has been in a range that's getting tighter and tighter * Currently it's forming a pennant pattern * The price has to break out of this pennant by May 11th, 2022 either to the up side or to the down side * Just yesterday it printed a pocket pivot which is a sign of institutional accumulation * Now's a great time to start accumulating as the consolidation's getting tighter * You can manage risk just under the base of the pennant or around the $14.82 area * Currently showing tonnes of strength and a high UD Ratio of 1.95 tells that it's being accumulated right now. Outlook: * Start accumulating * If it breaks out of the pennant wait for a clean close above $19 to add more to your initial position * Cut losses quickly as this can go south pretty fast should it break below the pennant. Technicals: * Sector: Technology - Software - Infrastructure * Relative Strength vs. Sector: 3.54 * Relative Strength vs. SP500: 9.35 * U/D Ratio: 1.95 * Base Depth: 105.1% * Distance from breakout buy point: -21.2% * Volume 179.83% above its 15 day avg.
NYSE:CINTLong
by HaseebKhan_90