Mrs Bector - Cup & Handle formation

As you can see Mrs Bector has formed Cup & handle pattern in Daily time frame.

Entry : Safe to enter above 460 (only if daily candle close above it )

Stop loss: 449

Targets :
Target 1: 500
Target 2: 500+ with strict trailing stop loss ( i.e Stoploss should be previous day low )

Points to remember

- Always wait for the confirmation, dont jump in runing candle
- Always keep a strict Stop loss
- Once a breakout is done, there is 99% chance it will come back to re-test


Please note : This is for educational purpose only