๐ #lionish_Education
โIf the cup and handle trading setup fails to break above the resistance level, it could present a short position opportunity.
Traders may consider opening a short position once the price fails to break above the resistance level of the handle,
anticipating a potential trend reversal or continued downward movement ๐
๐Risk management is crucial in this scenario, with a stop loss set above the resistance level in case the price breaks out to the upside.
โIf the cup and handle trading setup fails to break above the resistance level, it could present a short position opportunity.
Traders may consider opening a short position once the price fails to break above the resistance level of the handle,
anticipating a potential trend reversal or continued downward movement ๐
๐Risk management is crucial in this scenario, with a stop loss set above the resistance level in case the price breaks out to the upside.