Just spotted some solid cup and handle formations playing out in the charts. Here's something interesting—this pattern wasn't part of the classical technical analysis framework that Edwards and Magee originally documented, yet it's become a go-to signal for traders.

The setup is textbook bullish. You've got the consolidation phase forming what traders call the handle, sitting above the base. That higher consolidation is what's driving the positive momentum right now. The price dynamics are clearly pointing upward when you look at how the pattern is structuring itself.

These kinds of formations can give you solid entry signals if you're watching the consolidation breakout carefully.