CUP HANDLE FORMATION
HERE THE CUP SHOWS THE LARGE TARGET, THE HANDLE THE SMALL TARGET.
1. OBJECTIVE: FOLLOWING THE UPCOMING BREAK OF THE HANDLE, THE DEPTH OF THE HANDLE IS EXPECTED TO MOVE UP DIRECTIONS
NOTE: The point marked with the arrow is the point where the target is reached and shows itself as a resistance point on the day it is reached.
GOAL 2: 2 DIRECTIONS ARE EXPECTED FOLLOWING THE REACH OF THE 1st GOAL!!!
1. DOWN DIRECTION : 1. TARGET RESISTANCE CAN BE ACCEPTABLE AND PRICE REFUSED!!!!
2. UP DIRECTION: IT CONTINUES TO GO TOWARDS THE 2nd TARGET BY PASSING THE 1st TARGET.
OUR SHARE IN THE DRAWING HERE NEVER HAS ANY UP TREND SEARCH IT IS TRYING TO REACH THE SECOND TARGET (HEIGHT AS THE DEPTH OF A CUP) BY CONTINUING WITHOUT MAKING IT.
LET’S SEE WHAT TIME WILL SHOW??????
IT IS AN EDUCATIONAL WORK. NOTES TO MYSELF.
IT IS NOT YTD.
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