The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout.As its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl . As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle’s trading range signals a continuation of the prior advance.
AND THE ‘CUP’ GOES TO AMBUJA!
