All language subtitles for 4. Cup & Handle Pattern

Hello, traders, in this session, we will be learning about Coppen handle Patan Capan handle pattern

is a very rare pattern, but the main purpose of measuring this pattern to you is because in future,

when you identified this pattern, you will know how to trade in this pattern and you can get good results.

OK, that's the main purpose of me, including this pattern in this lecture.

Now let us understand how this pattern looks to consider a pattern as a cap and handle pattern.

There are some rules.

First rule, the stock has to form a rounding bottom like this.

Does the main reason for this pattern to be very red because the market takes a very long time to form

around bottom like this?

Uptrend in downtrend is very common in the stock market, but to form a pattern like this, the market

will take a very long time.

OK, does the first rule, second rule there needs to be similar to this?

Third rule, there needs to be a narrow range like this.

This narrow range is also called as handle.

Rule number four.

We need to get a breakout with volume confirmation.

These are the rules which needs to be there to consider this pattern as a cap and handle pattern, your

entry will be at the height of the breakout Kandal.

Stop loss of the love, the breakup scandal.

Target will be the depth of the.

See, this is the depth of the cup.

This will be a target.

OK, traders, I hope this is clear to you.

Now, let's see some example of this pattern in the labor market.

Traders are the first example for Handal pattern as ITC daily time frame.

OK, so what are the rules for cap and handle?

The first rule is there needs to be a rounding bottom.

See, this is the rounding bottom.

OK.

Second, secondly, there needs to be similar to, can you see a similar topia?

This is a second rule, third rule.

There needs to be a narrow range.

See, this is the narrow range, and finally, we need to get a breakout with volume confirmation.

Can you see this breakout?

This breakout is what volume confirmation at entry will be at the height of the breakout, Kendall.

Which is this Stop-Loss at the low of the breakout scandal, which is this, and the target will be

tipped of the.

Which is this the same thing I put it here?

This will be my target if you're finding open handle Patin confusing.

Then no problem, there is a solution.

So let me remove all the drawings.

Now, watch closely this my.

Does my high, does my halo, and this is my high.

At this level.

I'm getting a breakout, and this breakout is with volume confirmation, right?

What strategy is this, this type two strategy?

Right.

Our entry will be at the height of the blackout scandal, Stop-Loss at the law of the blackout candle

target will be leaving Winky.

Does the previous week, but we cannot keep this as a target because we will not get good at a ratio,

right.

So apart from this, the previous swing, was this right?

So this will be my target, OK?

It is my personal suggestion to you is to master type two strategy, because eight to nine times out

of ten, you will always find trading opportunity in type two pattern.

OK, now let's see one more example.

Trade is a second example is bankruptcy one minute time frame, that is intraday day time.

OK.

This is the cop.

This is the handle.

At this level, I'm getting a breakout.

Right around entry will be here.

At the height of the cricket scandal and stop loss, we will keep at the low of the breakout scandal,

which is here, right?

But we are trading on a one minute time frame if you are working on one minute time frame.

Obviously, we need to get a buffer, right?

Buffer cannot be here because this is too small.

So our buffer will be here.

The support we will take as a buffer and by the way, to topple the same.

Is the top attack target will be the land of the.

Does the length of the cup, so we will keep this as the target.

If I take my wrist to the word calculator and check does my stop loss, and this is the target.

My risk to reward ratio is almost one, right, so why should we trade when I decide to reward ratio

is just one, right?

So what we will do.

The mall destroying DeMello.

This is my.

Does my halo, does my hair, I get a breakout.

This breakout is with volume confirmation.

And we will be here.

Stop-Loss here with Buffa, Target will be the West Wing.

What was the previous doing, hey, this was my previous Twinky, right?

So this will be my target.

Traders, I hope you have understood how to trade with and handle Patan.

Now let's see some important points.

The panhandle pattern has to have rounded bottom, OK, like this.

Or like this.

But if you see here, the pattern is like this.

Does not rounded bottom, right, so this kind of pattern was not considered as handled pattern.

OK.

At the same time, the soldier cannot consider as and handle, so this was handled better.

I hope you have understood this pattern.

If you have any doubts, just watch the video again.

You will understand it better.

That's all for this lecture.

I'll see you in the next one.