1 Comment
  1. Naresh 5 years ago

    Hi,
    The Cup pattern is a bullish continuation pattern where an upward trend has paused but will continue when the pattern is confirmed. Actually, Cup pattern takes a long time to create but when it reaching the breakout level it gives max profit in the minimum time frame. (Note- The cup portion of the pattern should be a “U” shape that resembles the rounding of a bowl rather than a “V” shape with equal highs on both sides of the cup. The minimum duration for cup pattern is minimum 1 – 1.5 years and during the rounding bottom the volume should be low)

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