What is the “cup & handle” pattern and does it have any significant meaning? I read a lot about this pattern recently. Thanks
It is a price action pattern that William O’Neil talks a lot about in his book “How to Make Money in Stocks”.
Here is a link to Investopedia that explains the pattern. Analyzing Chart Patterns: Cup And Handle
IMO, might be more useful trading stocks than Forex.
Its also know as a mug. You can drink tea or coffee from one when you need to stimulate yourself trading
