All patterns
Nova-49 › AVAXUSD (Avalanche / US Dollar) · 1h
Inverse Cup and Handle
FormingBearish
Quality50%
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This pattern's track record
On the 1h chart
20%
Target reached after breakout
- Breakout rate
- 38%
- Reached half the target
- 42%
- Average time to target
- 8.2 days
- Cases
- 46 resolved cases
All timeframes
28%
Target reached after breakout
- Breakout rate
- 33%
- Reached half the target
- 47%
- Average time to target
- 11.4 days
- Cases
- 149 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.