Ready to Fly??? #Superchartz

25 de jul. de 2023

Key levels:

Support: 3100

Resistance: 3290

1. **Bullish Continuation:** Signals a likely continuation of an uptrend after a brief consolidation phase.

2. **Positive Sentiment:** Reflects a shift from bearish to bullish sentiment in the market.

3. **Price Consolidation:** Shows a period of price stabilization and reduced selling pressure.

4. **Volume Confirmation:** Increasing volume during the breakout validates the pattern's reliability.

5. **Entry and Exit Points:** Helps traders identify optimal entry and target levels.

6. **Combine with Indicators:** Enhanced reliability when used in conjunction with other technical indicators.

Remember, while the cup and handle pattern can be a useful tool, always practice proper risk management and consider other factors before making trading decisions.