Cup with handle

Triangles  Triangles Symmetrical broadening wedge Symmetrical broadening wedge
Descending wedges  WedgesBroadening wedges Broadening wedges
Flags and pennants  Flags and pennants right-angled broadening wedge Right-angled broadening wedge
Head and shoulders  Head and shoulders Double tops  Double (or triple)
 tops (or bottoms)
Rectangle  Rectangles cup with handle  Cup with handle

 

A cup with handle consists of two approximatively rounded bottoms, the low of the cup must be less than 50% of the previous price movement and the low of the handle must be less than 50% of the cup height. The pattern's highs should be aligned along a horizontal resistance line. The exit is confirmed when price breaks through the resistance line, and in 74% of cases, it is followed by a throwback. According to forex traders, the cup with handle is considered to be a continuation chart pattern in 79% of cases. It appears most often after a rise in forex prices.

Cup with handle