$AEGISLOG The **Cup and Handle pattern** is a bullish continuation pattern that signals a potential upward breakout. It forms when the price creates a rounded **"cup"** shape after a correction, followed by a smaller pullback or consolidation called the **"handle."** The cup indicates that selling pressure has gradually weakened and buyers have regained control, while the handle represents a final consolidation before the next move higher. A breakout above the handle's resistance level, accompanied by strong volume, is considered a bullish signal and may indicate the start of a fresh uptrend.
#Today’sTradingSetup#Miscellaneous#EquityResearch#SectorBreakouts#TrendingSectors

966 likes·67 comments

















