Original subtitles

Hello, everyone.

This is the cap in hand, Richard Burton, the cap in hand, and as the name indicates, its structure

is like cap, which is rounded bottom and is followed by the hand, as I've labeled below, the cap

and handle is a bullish reversal pattern in the interpretation for is that we have to wait for the breakout

and then we have to take entry.

The target for the cap and handle Patrón would be the length of the cap to the neckline.

We have to take the length from here towards the neckline.

This is the neckline.

Upon breaking the neck line, we have to take entry, let's measure our target.

Approximately, it's two hundred and twenty four percent, so in case this is the handle and the neckline

gets break, we have to take entry over here and our target would be two hundred and twenty four percent

to the upside.

This would be our target.

This would be our target.

So this is the panhandle parking structure.

Now let's go to the chart and find a real life example.

This is the card and Bitcoin chart, the cryptocurrency coin chart.

Let's go and find a cap in hand.

As you can see clearly here, this is an upper.

This is the structure of cup and this is the hand upon breaking the neckline.

The price will move towards the upset.

Let's do this.

This is the cup.

This is the hand.

And this will be our next line, this one, upon breaking this neck line, we have to take out and let's

measure our target for the absurd you have to take the price linked to this is the cover up to the neckline.

It's approximately eight percent, as you can see clearly over here after the break out of the neckline,

the price trended upwards.

And this be home and this will be our target.

Absolutely phenomenal, the price hated its target, so cap in hand, it is very strong, bullish pattern.

You have to observe this on higher timeframe charge, such as for our daily the two hour and the one

hour a world using the intraday charts.

I hope you have enjoyed the lecture and you have learned the cap and handed it, but it's very simple.

Thank you.

Let's move on to our next lecture.