It will take long time to construct. During the rounding bottom , the volume is expected to be very low.It is an Accumulation pattern .
Trade Plan:
Entry: 566.9
Stop Loss: 486.2
Target: 647.6
Risk & Reward: 80.7
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It will take long time to construct. During the rounding bottom , the volume is expected to be very low.It is an Accumulation pattern .
Trade Plan:
Entry: 566.9
Stop Loss: 486.2
Target: 647.6
Risk & Reward: 80.7
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Hi,
Cup pattern takes a long time to create that pattern. After reaching the breakout level it gives max profit in minimum time frame and during the rounding bottom the volume should be low as possible