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All language subtitles for 10. Cup and handle chart pattern

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:02,970 --> 00:00:03,850 Hello, everyone. 2 00:00:03,930 --> 00:00:10,200 This is the cap in hand, Richard Burton, the cap in hand, and as the name indicates, its structure 3 00:00:10,200 --> 00:00:18,570 is like cap, which is rounded bottom and is followed by the hand, as I've labeled below, the cap 4 00:00:18,570 --> 00:00:25,080 and handle is a bullish reversal pattern in the interpretation for is that we have to wait for the breakout 5 00:00:25,080 --> 00:00:26,670 and then we have to take entry. 6 00:00:27,120 --> 00:00:31,590 The target for the cap and handle Patrón would be the length of the cap to the neckline. 7 00:00:32,250 --> 00:00:36,200 We have to take the length from here towards the neckline. 8 00:00:36,210 --> 00:00:37,230 This is the neckline. 9 00:00:40,310 --> 00:00:44,690 Upon breaking the neck line, we have to take entry, let's measure our target. 10 00:00:49,200 --> 00:00:56,460 Approximately, it's two hundred and twenty four percent, so in case this is the handle and the neckline 11 00:00:56,460 --> 00:01:01,800 gets break, we have to take entry over here and our target would be two hundred and twenty four percent 12 00:01:01,800 --> 00:01:02,600 to the upside. 13 00:01:02,910 --> 00:01:04,080 This would be our target. 14 00:01:05,220 --> 00:01:06,390 This would be our target. 15 00:01:09,490 --> 00:01:12,070 So this is the panhandle parking structure. 16 00:01:12,100 --> 00:01:15,370 Now let's go to the chart and find a real life example. 17 00:01:15,400 --> 00:01:20,030 This is the card and Bitcoin chart, the cryptocurrency coin chart. 18 00:01:20,230 --> 00:01:22,080 Let's go and find a cap in hand. 19 00:01:26,770 --> 00:01:30,040 As you can see clearly here, this is an upper. 20 00:01:31,370 --> 00:01:37,890 This is the structure of cup and this is the hand upon breaking the neckline. 21 00:01:37,940 --> 00:01:40,520 The price will move towards the upset. 22 00:01:40,910 --> 00:01:41,750 Let's do this. 23 00:01:44,570 --> 00:01:45,530 This is the cup. 24 00:01:47,890 --> 00:01:48,830 This is the hand. 25 00:01:50,580 --> 00:01:58,710 And this will be our next line, this one, upon breaking this neck line, we have to take out and let's 26 00:01:58,710 --> 00:02:06,690 measure our target for the absurd you have to take the price linked to this is the cover up to the neckline. 27 00:02:06,690 --> 00:02:12,690 It's approximately eight percent, as you can see clearly over here after the break out of the neckline, 28 00:02:12,690 --> 00:02:14,160 the price trended upwards. 29 00:02:14,340 --> 00:02:17,970 And this be home and this will be our target. 30 00:02:25,510 --> 00:02:34,100 Absolutely phenomenal, the price hated its target, so cap in hand, it is very strong, bullish pattern. 31 00:02:34,390 --> 00:02:40,120 You have to observe this on higher timeframe charge, such as for our daily the two hour and the one 32 00:02:40,120 --> 00:02:42,640 hour a world using the intraday charts. 33 00:02:47,700 --> 00:02:53,430 I hope you have enjoyed the lecture and you have learned the cap and handed it, but it's very simple. 34 00:02:54,000 --> 00:02:54,630 Thank you. 35 00:02:54,660 --> 00:02:56,390 Let's move on to our next lecture. 3389