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How to Trade Using Market Structure | Brian Shannon CMT

The TraderLion Podcast

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What Does a Cup and a Handle Mean?

It's about a lot of people spend too much time, you know, looking for a cup and a handle or a head and shoulders. It represents a stock that pulled back. Instead of pulling back to 20, it pulled back to 25. The buyers didn't wait for a pullback all the way to 25 before they stuck in their bids. They're becoming more aggressive price-wise.

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