π΄ A cup and handle price pattern is a technical indicator that forms a cup with a handle. π΄ D shape of "u" formed first and then downward move happens as handle ,normally as a channel move. π΄ The cup and handle in general considered as one of the strongest bull trend. π΄ Once this pattern is broken and log starts - What is the Target Next ?
π΄ The top line to bottom curve that makes the cup ,the total price sum will be the upcoming moves target price.This will be the target in General π΄ Here we can expect more than 20k move after this handle channel is broken.
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