Every cup with handle pattern is not viable. These surprising things to avoid in cup and handle pattern will prevent trapping in bad stocks.
Cup with handle is a bullish continuation pattern that can be compared to the typical shape of a tea cup. This unique yet very common chart pattern was originally introduced by William ONeil.
But, the formation & recognition of cup and handle chart pattern is not as straightforward as it may appear to a newbie. It does have several discrepancies that may confuse a trader or investor from time-to-time.
Therefore, you need to adopt some basic rules to analyze this pattern in technical chart. Additionally, you need to catch certain signals that are likely to fail the significance of this pattern formation.
Read more at: http://getupwise.com/finance/investments/stocks-mutual-fund/10-surprising-things-avoid-cup-handle-pattern/
Our slideshare content is intended for educational purpose only. Its not intended for the purpose of replacing professional financial advice.
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10 Surprising Things To Avoid In Cup And Handle Pattern | GetUpWise
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