Ascending scallop chart pattern

Ascending scallop chart pattern

Ascending scallop chart pattern Dear Friends, Ascending scallop chart pattern us wakt formation me ata hai jab market downtrend main movement kerty huey kisi point sy reverse move kerna shoru ker dy aur previous resistance ko cross kerny ky bahd continuously uptrend main move kerna shoru ker dy tou isterha jo pattern creat hota hai usko ascending scallop pattern kehty hain. Trading Strategy Jab ascending scallop pattern creat hota hai tou is main best entry point aesa point hota hai jab market first resistance ko break kerti hai tou wahan sy ham buy ki trade open ker ky next resistance tak take profit set ker sakty hain jabky aesi support jahan sy market reverse ho chuki hoti hai wahan per stop loss set ker ky ham apni open trade ko secure bhi ker sakty hain. Inverted And Asending Scallops Je apko ye pattern up trending market ma asy dekhnay ko mele ga. Jb price ik straight line ki shakal ma up move kar jae. Es k bad market tora down aye or phr sy up chale jae or ik inverted J ki shakal bana ley. Es case ma apko price retracement 50 percent ya half down tak mele gi but phr market up chali jae gi. Agr ye pull back market ma shape k upper 70 percent tak down ah jae to phr ye pattern work ni kary ga or price k up jany k chances kam ho jayn gy. Jb ye price back shape k previous low tak ah jae to ap eko inverted or ascending scallops ni keh sakyn gy. Technical Point of View Jb market ye pattern banaty howe up move kar jae or phr tora retrace ho to jb ye retracement 50 percent ya half of shape par ponch jae to apko buy ki entery kar leni chahe or stop loss market k previous low par set karna chahe. Es lae k agr market wapas previous low par ah jae to ye pattern ni bany ga or market mazeed nechy ah jae gi. So apk lae best hai k es time market sy nikal jayn ta k apka account wash hony sy bach jae. Asi sorat ma market agr up chali jae to apko bhot acha profit mel saky ga. Pehla preference apny account ki saftey ko dena chahe. Us k bad profit k bary ma sochna chahe. Account ho ga to he trade ki ja saky gi.