EUR/JPY Potential Cup with Handle Pattern

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By Deya Hroob

cup with handle pattern


This trade set up is based on 4h chart

 Thers is a potential Cup with Handle Pattern on EUR/JPY 4h chart. It's a continuation pattern that makes a consolidation period before followed by a breakout. 

 Currently, we have a cup and the handle but we need a breakout of the handle resistance line to confirm the pattern.

 How to Trade Cup with Handle Pattern?

 Wait the breakout to happen and open long on a retest of the broken line.

 On the other hand, if the price breaks below the the support line of the handle, the pattern is invalided.

 Trade Wise and Good Luck!




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