The Key to Cup and Handle Breakout -
It lies in its strong momentum in either:
i) Before Or
ii) At Or
iii) After
The pivot level. The pivot level is its former resistance, it needs either a strong momentum to break through before or at. Even after the resistance level, with the strong momentum, it indicates a psychological clearance; the former resistance, now a support level.
The "Before" example with crude oil:
The "At" or "Through" example with gold and copper:
The "After example with silver:
Micro WTI Crude Oil Futures and Options.
Micro WTI Crude Oil
Ticker: MCL
Minimum fluctuation:
0.01 per barrel = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
It lies in its strong momentum in either:
i) Before Or
ii) At Or
iii) After
The pivot level. The pivot level is its former resistance, it needs either a strong momentum to break through before or at. Even after the resistance level, with the strong momentum, it indicates a psychological clearance; the former resistance, now a support level.
The "Before" example with crude oil:
The "At" or "Through" example with gold and copper:
The "After example with silver:
Micro WTI Crude Oil Futures and Options.
Micro WTI Crude Oil
Ticker: MCL
Minimum fluctuation:
0.01 per barrel = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
konhow@weipedia.com
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.