All patterns
Vega-18 › LINKUSD (Chainlink / US Dollar) · 15m
Inverse Cup and Handle
Breakout confirmedBearish
Quality63%
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Draw it on TradingView
No bar counting. Copy the Pine Script and paste it into TradingView; the pattern, breakout, target and invalidation lines are drawn on exactly these candles.
- 1.Copy the script and open the chart on TradingView.
- 2.Open the Pine Editor at the bottom, clear it and paste.
- 3.Click "Add to chart"; the drawings appear.
Swing points
| Point | Candle open (UTC) | UTC | Bar # | Price |
|---|---|---|---|---|
| R1 | Nov 1, 04:00 AM | Nov 1, 04:00 AM | 0 | 11.492 |
| B | Nov 1, 08:45 AM | Nov 1, 08:45 AM | 19 | 11.870 |
| R2 | Nov 1, 02:30 PM | Nov 1, 02:30 PM | 42 | 11.535 |
| HL | Nov 1, 03:15 PM | Nov 1, 03:15 PM | 45 | 11.638 |
| BRK | Nov 1, 05:45 PM | Nov 1, 05:45 PM | 11.535 |
Bar #: candles counted from the pattern's first point. Times are candle open times.
Lines
- RimNov 1, 04:00 AM · 11.535 → Nov 1, 05:15 PM · 11.535
- CurveNov 1, 04:00 AM · 11.565 → Nov 1, 05:00 AM · 11.635
- CurveNov 1, 05:00 AM · 11.635 → Nov 1, 05:45 AM · 11.692
- CurveNov 1, 05:45 AM · 11.692 → Nov 1, 06:30 AM · 11.735
- CurveNov 1, 06:30 AM · 11.735 → Nov 1, 07:30 AM · 11.765
- CurveNov 1, 07:30 AM · 11.765 → Nov 1, 08:30 AM · 11.781
- CurveNov 1, 08:30 AM · 11.781 → Nov 1, 09:15 AM · 11.784
- CurveNov 1, 09:15 AM · 11.784 → Nov 1, 10:00 AM · 11.774
- CurveNov 1, 10:00 AM · 11.774 → Nov 1, 11:00 AM · 11.750
- CurveNov 1, 11:00 AM · 11.750 → Nov 1, 12:00 PM · 11.713
- CurveNov 1, 12:00 PM · 11.713 → Nov 1, 12:45 PM · 11.662
- CurveNov 1, 12:45 PM · 11.662 → Nov 1, 01:30 PM · 11.598
- CurveNov 1, 01:30 PM · 11.598 → Nov 1, 02:30 PM · 11.520
This pattern's track record
On the 15m chart
58%
Target reached after breakout
- Breakout rate
- 40%
- Reached half the target
- 71%
- Average time to target
- 7.9 h
- Cases
- 50 resolved cases
All timeframes
33%
Target reached after breakout
- Breakout rate
- 35%
- Reached half the target
- 50%
- Average time to target
- 7.7 days
- Cases
- 193 resolved cases
What is this pattern?
The mirror image of cup and handle. A close below the rim targets the cup depth lower.
A close above the handle high invalidates the pattern.
This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.