to me it's about pattern recognition over time, but more so S/R levels. cup and saucer is just top and bottom levels. when price drops below support is when big guys start buying.
my trade yesterday was after big rise I sold at 128.56 and rode down to 15M 10ma, cause it most always will bounce off there, which was also bottom of last big up candle. seen that happen hundreds of times so it was a hi probability trade.
cup/handle or whatever, learn to recognize things that happen often and believe in them. (took me 3 years)
my trade yesterday was after big rise I sold at 128.56 and rode down to 15M 10ma, cause it most always will bounce off there, which was also bottom of last big up candle. seen that happen hundreds of times so it was a hi probability trade.
cup/handle or whatever, learn to recognize things that happen often and believe in them. (took me 3 years)