STRONG STRONG WATCH TOMMOROW

$USD Partners (USDP.US)$ This is textbook Cup-N-Handle chart pattern. So for any newbies traders here's a little education for ya. This is a bullish pattern USUALLY signifying a continuation/reversal to the upside. RULES THAT MUST BE MET FOR TRUE CUP N HANDLE PATTERN:

1. Cup was formed just after an uptrend/downtrend (marked as #1 in pic)

2. Depth of cup should ideally retrace to about 1/3 to 1/2 of the previous advance. (marked as #2)

3. On right side of cup (marked #3 in pic) where the white line is - just under that line u will see a downward trend forming the handle. Again, ideally you would want to see 1/3 or less retracement ( you want a sell off from top right side of cup of about 1/3 or less - less means more bullish).

4. VOLUME, VOLUME, VOLUME.. You HAVE to have volume for it to be able to break past that white line on right side of cup -that white line is resistance

5. If volume is higher than average and resistance is broken then u make sure it closes above resistance for the day and make entry on next day when price is 3-5% above that white line.

6. Target Price - meaning where You want to exit at. This should be done by measuring the right side of the cup and whatever that distance is that's your price target.

Easy Peazzzyyyy.