GBPJPY analysis - inverted cup and handle at h4??



chart h4 at market closing
possible inverted cup and handle pattern?
usually a indication of trend continuation...
a breakout below 139.xx should be the confirmation...
the height of the cup indicates the possible target...
hence, should the breakout occurs, mission 115.xx would begin...
dateline: two weeks...
B-)

learn more about cup and handle pattern here

2 comments:

  • wow.... i love this style from your comment.

    my little capital need a hugh target like this.

    thks very very much from my true sincerely.

  • just be patient and wait for confirmation first..
    also since this is a long term target, please use smallest lot available.. once the 1st position is in profit, you could start adding more positions..

    also, please expect some price fluncuation. anything could happen within two weeks period...

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