Chart pattern · Continuation · Bullish
What is it, in one line
A rounded cup followed by a shorter shallow pullback, the handle, before the prior advance resumes.
Bullish · Continuation · verdict: Traditional claim, not yet measured here
A rounded cup followed by a shorter shallow pullback, the handle, before the prior advance resumes.
Method
Conventional target: A break above the handle’s high projects a rise equal to the cup’s depth.
Invalidated by: A handle that retraces more than roughly a third of the cup invalidates the pattern.
Traditional claim, not measured
This is the standard technical-analysis interpretation. It has not been tested against our dataset the way the candlestick formations have.