looks like a cup and handle to me, what are your thoughts?

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Anonymous
2017-09-01 07:51:38 Post No. 3302750
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Anonymous 2017-09-01 07:51:38 Post No. 3302750 [Report]

looks like a cup and handle to me, what are your thoughts?

Anonymous 2017-09-01 07:52:50 Post No.3302769
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Anonymous 2017-09-01 07:52:50 Post No.3302769 [Report]

>literally a Telegram P&D coin

Anonymous 2017-09-01 07:59:31 Post No.3302873
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Anonymous 2017-09-01 07:59:31 Post No.3302873 [Report]

>>3302769
your point?

Anonymous 2017-09-01 08:36:45 Post No.3303409
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Anonymous 2017-09-01 08:36:45 Post No.3303409 [Report]

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>>3302750
nah thats definitely a gape pattern. buy now.

t. not even fucking close to a proper c&h. change your scaling

Anonymous 2017-09-01 08:42:59 Post No.3303484
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Anonymous 2017-09-01 08:42:59 Post No.3303484 [Report]

>>3302750
Not that I know jack shit about TA, but shouldn't you use candle bars for determining Cup and Handles?

Anonymous 2017-09-01 09:29:48 Post No.3304147
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Anonymous 2017-09-01 09:29:48 Post No.3304147 [Report]

>>3303484
Thats correct heiken ashi candles are for confirming trends and shouldn't be used for meme lines

Anonymous 2017-09-01 10:46:53 Post No.3305218
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Anonymous 2017-09-01 10:46:53 Post No.3305218 [Report]

>>3302873
BREAKING DOWN 'Cup and Handle'
As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks, before advancing higher. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities. Below is an example of a cup and handle chart pattern:

looks like a cup and handle to me, what are your thoughts?

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/