CUP AND HANDLE SET UP $ICP

14 באוג׳ 2022

These rules are based on Thomas N. Bulkowski's book 'Encyclopedia of Chart Patterns'

Hi guys, cup and handle set up on ICP.
1. Previous to 1st cup lip rise in price > 30%
2. Right cup lip around the same price as left cup lip
3. Length of cup > 7 weeks.
4. length of handle > 1 week.
5. Invalid if daily close below 50% of the cup
These rules are based on Thomas N. Bulkowski

Targets are on the chart.. would suggest running a trailing SL to get max returns on this one.

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Not financial advise.