T/A Patterns

[piggybank]

Could this be interpreted as Cup & Handle pattern?

 

[tech/a]

Yes
Small handle back a while ago.

 

[stickman]

hi have a look at isis before and after a perfect example it went on to $35

 

[burglar]

Yes
Small handle back a while ago.

Do you mean it broke out on the 12th?

 

[DJG]

This is my take on it

 

[tech/a]

Do you mean it broke out on the 12th?

Dangaff's (2) is the more geometric of the three possible handles
(2) is at old resistance on the other side of the cup.

Resistance is taken out and then tested at (1)
The current " flag " pattern (3) is a continuation pattern.

As I see it.

 

[DJG]

Dangaff's (2) is the more geometric of the three possible handles
(2) is at old resistance on the other side of the cup.

Resistance is taken out and then tested at (1)
The current " flag " pattern (3) is a continuation pattern.

As I see it.

All of what you said actually makes good sense! I can see exactly where you're coming from.