Linear chart version of cup&handle+ bullflag targets

8 de nov. de 2024

I just posted the log chart version of these patterns before posting this idea and as you can see the linear chart version of these patterns have a much smaller measured move target for their breakouts. Usually what ends up happening in these scenarios is both the linear and log targets eventually get hit,, it just takes the logarithmic targets much longer than the linear ones. So while there is a possibility we could hit the log chart targets this bull run, there’s a much higher probability that we will Hit the full linear targets this bull run. With the higher log chart target that could get reached this bull run or it could also not get hit until next bull run which is something that has occurred frequently in the past with log patterns as well. Either way I’m confident those log chart targets will get hit by next bull run if not this one and pretty confident as long as the 5.3 diminishing returns theory doesn’t play out that we will very likely hit these linear price targets. *not financial advice*

25 de nov. de 2024

Nota

Looks well on its way to the bullflag target, also appears to have validated the cup and handle breakout as well.

14 de ago.

Trade ativo

Bullflag target hit! Now onward to the c&h target!

6 de out.

Nota

Continuing onward to the c&H target we can see that the dotted measured move line here is holding beautiful support still and hopefully will do so until the higher target has been reached.