diamond chart pattern.

Diamond Chart Pattern.

Introduction. Diamond chart pattern ek aisa technical analysis tool hai jise stock market traders istemaal karte hain price action ki samajhne ke liye. Is pattern ki formation market ki trend reversal ke baad hoti hai aur ek diamond shape ki formation ban jati hai, jise traders ki attention attract karti hai. Diamond Chart Pattern Ki Formation. Diamond chart pattern ki formation 2 stages mein hoti hai. Sabse pehle, ek uptrend hota hai jahan stock ki price consistent tareeke se increase karti hai. Iske baad, ek consolidation phase hota hai jahan price range narrow ho jati hai aur buying aur selling activity kam hoti hai. Yeh phase usually 4-5 weeks ka hota hai. Dusre stage mein, price range phir se widen hone lagti hai aur buying aur selling activity increase hoti hai. Is stage mein, diamond ki shape banne lagti hai jise traders ke liye easily identifiable hota hai. Diamond Chart Pattern Ki Types. Diamond chart pattern ki do types hoti hain: Bullish diamond pattern aur bearish diamond pattern. Bullish diamond pattern. Bullish diamond pattern tab form hoti hai jab market ka trend bearish hota hai aur price range narrow hoti hai. Iske baad, price range widen hone lagti hai aur ek diamond ki shape form hoti hai. Yeh formation trend reversal ki possibility indicate karti hai jahan market ka trend bullish hone lagta hai. Bearish diamond pattern. Bearish diamond pattern tab form hoti hai jab market ka trend bullish hota hai aur price range narrow hoti hai. Iske baad, price range widen hone lagti hai aur ek diamond ki shape form hoti hai. Yeh formation trend reversal ki possibility indicate karti hai jahan market ka trend bearish hone lagta hai. Diamond Chart Pattern Ki Interpretation. Diamond chart pattern ki interpretation price action ko samajhne ke liye ki jati hai. Is pattern ke formation ke baad, traders ek breakout ya breakdown ka wait karte hain jahan price range ke bahar move hota hai. Agar breakout upward hota hai, yani bullish diamond pattern ka formation hai, to traders ko buy karne ki recommendation di jati hai. Agar breakdown downward hota hai, yani bearish diamond pattern ka formation hai, to traders ko sell karne ki recommendation di jati hai. At last. Diamond chart pattern ek powerful technical analysis tool hai jo traders ke liye price action ki samajhne mein madad karta hai. Is pattern ki formation market trend reversal ke baad hoti hai aur traders ko buying aur selling activity ki direction samajhne mein help karti hai. Is pattern ki interpretation breakout ya breakdown ke based par hoti hai jahan traders ko buy ya sell ki recommendation di jati hai.