L-EarningCharts

Cup & Handle Chart Pattern — How to Spot and Trade It

7/6/2026

chart-patterns
technical
bullish

A rounded 'cup' base followed by a small downward 'handle', then breakout.

In plain words

A teacup: a smooth U, then a small dip on the right (the handle) before the pour upward.

What the classic books say

The Cup & Handle is a continuation pattern with reference reliability Medium and illustrative behaviour of ~60-68% on breakout (the kind of statistics catalogued in Bulkowski's encyclopedic pattern studies and Murphy's technical-analysis classic). A well-known bullish continuation, especially in trending markets.

Level by level

Beginner

Price slowly recovers in a U shape, takes a small breather, then breaks higher.

Intermediate

A rounded accumulation base and a shallow pullback set up a continuation breakout.

Advanced

Handle depth should be modest; breakout above the rim with volume validates it.

Trade plan (educational template)

  • Entry: On a breakout above the handle/rim.
  • Stop-loss: Below the handle low.
  • Target: Cup depth projected up from the breakout.
  • Check the numbers with the Risk-Reward calculator before any entry.

Common beginner mistakes

  • Forcing a V-shape into a cup
  • Accepting a too-deep handle

Practise it now

_Educational content only — not financial advice. Historical behaviour never guarantees future results._