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Cup and Handle Pattern: How to Trade Using Key Chart Patterns
The Cup and Handle Pattern is a powerful bullish continuation setup popularized by William J. O’Neil. It signals a period of consolidation followed by a strong breakout, making it a favorite for traders looking to "ride the wave" of an existing uptrend. What is the Cup and Handle Pattern? The pattern consists of two distinct parts: The Cup: A "U" shaped price movement where the stock...
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