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#Training
The cup and handle pattern indicates a continuation of the bullish trend and is a signal to open long positions.
Pattern Formation: Appears after a sharp price surge and several large bullish candles.
Cup Part: Entering a phase of bullish and bearish competition, with the low point first declining then rising, forming an arc shape. The high point remains relatively flat.
Handle Part: After the cup is formed, the bears attempt to suppress the price, creating the handle structure. If the bulls are stronger, the upward trend will continue.
Inverted Cup and Handle Pattern
Forms during a downtrend, indicating the decline will continue.
The cup part is formed by high points, creating an arc shape.