Via Labs-Cup and Handle!/Trading Plan
66756
4H trend chart
There is an obvious Cup and Handle
9/17 Handle Downtrend breakout
Next challenge: 530~540_above downtrend and Fib(1)
Hold firm above 540 is better.
So if breaks above resistance and hold steady, trading plan as below:
Profit Targets:
a) 587~606-----Fib(1.272~1.382)
b) 712-----Fib(2)
Stop losses:
a) 454-----Fib(0.5)
4H trend chart
There is an obvious Cup and Handle
9/17 Handle Downtrend breakout
Next challenge: 530~540_above downtrend and Fib(1)
Hold firm above 540 is better.
So if breaks above resistance and hold steady, trading plan as below:
Profit Targets:
a) 587~606-----Fib(1.272~1.382)
b) 712-----Fib(2)
Stop losses:
a) 454-----Fib(0.5)
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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