All patterns

Draco-40 › ADAUSD (Cardano / US Dollar) · 1h

Cup and Handle

FormingBullish
Quality42%

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This pattern's track record

On the 1h chart

30%

Target reached after breakout

Breakout rate
35%
Reached half the target
56%
Average time to target
3.7 days
Cases
43 resolved cases

All timeframes

44%

Target reached after breakout

Breakout rate
36%
Reached half the target
64%
Average time to target
25 days
Cases
149 resolved cases

What is this pattern?

Price builds a rounded base (the cup) back to the old high, then makes a short, shallow pullback (the handle). A close above the rim targets the cup depth higher.

A close below the handle low invalidates the pattern.

This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.

ADAUSD 1h Cup and Handle | IndicatorScan