Trading security based on chart patterns is quite a common phenomenon in the market. This is usually formed when the price of a security moves in a fashion which resembles a shape in the form of a rectangle, rounding, triangle, cup and handle pattern, etc.
The good thing about the pattern is that they can be easily located along with a proper entry point with predefined risk-reward.
To read more Visit : https://www.elearnmarkets.com/blog/cup-and-handle-pattern-trading/
