The image
A figure, seen from behind, faces seven cups floating in the clouds. Each one holds a strange vision: a face, a veiled and glowing figure, a snake, a castle, jewels, a wreath and a dragon-like creature.
Symbolism
Waite calls these chalices of vision, filled with the images of a fanciful spirit, and reads them as things glimpsed in the mirror of contemplation. The drifting clouds, and the water Waite associates with every cup, suit visions that shimmer and shift. Nothing here, he stresses, is shown as permanent or substantial, so the card is about the act of imagining rather than any single prize.
In a reading
Upright, enjoy your imagination, but ask which of your dreams have real substance. Reversed, the card turns to your desires and to the determination you could bring to a chosen project. In both positions, the question is how inner pictures relate to the choices you actually make.
