Cup and Handle on the Euro or ? | Forex Factory

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Cup and Handle on the Euro or ?

  • #1
  • First Post: Jan 31, 2006 9:06pm Jan 31, 2006 9:06pm
Ok price pattern technicians lets hear what you have to say about the developing pattern on the Euro.

Lou
  • #2
  • Jan 31, 2006 9:15pm Jan 31, 2006 9:15pm
Quoting Lou
Ok price pattern technicians lets hear what you have to say about the developing pattern on the Euro.

Lou
Yeah I noticed that. Definately looks like C&H on 15, 30, 60 min. I'll have to look up how you play a C & H. Not one that I am familiar with.

JohnFX
  • #3
  • Jan 31, 2006 9:38pm Jan 31, 2006 9:38pm
Some nice example charting at Investopedia.

Lou
  • #4
  • Last Post: Mar 25, 2008 11:06pm Mar 25, 2008 11:06pm
I'm no technician...yet. Posts like this will help me get there - thanks for pointing it out.

According to what I read, long up-trend with a bowl shaped pull back, looks like all that's needed is a handle, or maybe a bit more edge on the cup before the handle.
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