A cup-and-handle pattern is the name of a chart pattern used in technical analysis that describes a bullish continuation trend in the price of a security, typically a stock. Traders sometimes use this pattern as a signal about when to buy the stock.

The 60-minute cup and handle pattern offers an excellent timing tool when looking to buy a larger-scale trend that doesn't show a low-risk entry price on the daily or weekly chart.

If the handle is too deep, and it erases most of the gains of the cup, then avoid trading the pattern. A cup and handle chart may signal either a reversal pattern or a continuation pattern. A reversal pattern occurs when the price is in a long-term downtr