cup and handle on bac

Handle123 said:
Aren't most cup and handle patterns rather subjective? Very few do I actually see, never been huge fan of this pattern as it is hard to program.
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YES;
its really just a a very specific/subjective type of correction[pullback] in an uptrend above 200dsa. So i really dont care if i never did an id on it/LOL:D:D:D:D:D:D,:caution::caution:
 
Each trader sees patterns differently. And your cup and handle might not be my cup and handle. The timeframe also matters. Therefore, many patterns only work in textbooks by "smart" authors.
 
Smilingtrader said:
Each trader sees patterns differently. And your cup and handle might not be my cup and handle. The timeframe also matters. Therefore, many patterns only work in textbooks by "smart" authors.
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Many chart patterns work fine to make a trader money by applying them where they make an author money by writing about them.
Stats can tune a trader's discernment up very nicely by means of culling from the hopper or characteristics consistently displayed by interpretation those that do not fit the finer detail of criteria for entry that a trader can employ for signal entry triggers, without which one has merely a MUT or a Made Up Trade.
If your cup and handle has better probability than my cup and handle, that's of interest to me.
 
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