SUNTECH: Cup and handle breakout pattern and signal for buy๐ค
Dear traders,
Cup and handle breakout pattern is here .
If it gives a breakout then right time to buy.
Set a stop loss and take profit before putting a trade.
My take profit formula-- Bulkowski's formula
= Breakout price+(highest price of either side of the cup--lowest price of the bottom of the cup)*50%
My stop loss-- bottom of handle
TP- 345
SL- 295
Cup and handle breakout pattern is here .
If it gives a breakout then right time to buy.
Set a stop loss and take profit before putting a trade.
My take profit formula-- Bulkowski's formula
= Breakout price+(highest price of either side of the cup--lowest price of the bottom of the cup)*50%
My stop loss-- bottom of handle
TP- 345
SL- 295
