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Our automatic technical analysis tools are expanding! Fresh and new: we just added automatic Cup and Handle and Inverted Cup and Handle pattern detection. Click once and our systems with automatically detect these patterns on the chart. The Cup and Handle is a trend continuation pattern featuring a U-shaped trend correction followed by a smaller movement, known as the handle. When formed, the pattern looks like a cup with a handle. The handle can be U-shaped or appear as a trendline. It's believed that once the handle breaks down, the price will continue in the trend's direction by at least the height of the cup. In this video we show you how these new automatic patterns work and the settings you have access to.
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