First multi-timeframe analyses based on a single chart pattern. I was just noticing a cup and handle pattern on the 4H timeframe, when I looked further away I saw a different cup and handle at de 1D and 1M timeframe as well. According to theory a cup and handle is a clear sign of a bullish character. What could this mean for the following months? Will research into other patterns in the coming weeks.
1M timeframe:
1D timeframe:
4H timeframe:
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I'm purely a beginner in technical analysis. Please hit like, follow or place a comment.
Any of your feedback is my motivation to keep going and to learn more!
1M timeframe:
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I'm purely a beginner in technical analysis. Please hit like, follow or place a comment.
Any of your feedback is my motivation to keep going and to learn more!