wedge continuation pattern discussion

Wedge continuation pattern discussion

Assalam alaikum dear members!umeed karta hun k aap sb khair khairiat se hn gy or apki trading achi jaa rahi ho ge. dear members aj ki post main hum wedge pattern ko study karen gy or eski continuation or reversal type ko bhi dscs karen or sth sth eski trading strategy b dekhen gy. what is wedge chart pattern? dear members market jb ksi trend main consolidate karti ha ya retracement lyti ha yo market main highs or lows bnty hain. Agr in highs ko apas main milaya jay or lows ko apas main milaya jay to opr r nechy trendlines banti hain or trendlines se ml k aik wedge type shape banti ha wedge pattern ki 2 types hoti hain jo nechy di gai hain. Continuation wedge pattern. reversal wedge pattern. dear members wedge pattern ki in 2 types ko nechy detail se dsc kia gaya ha. Continuation wedge pattern: Dear members continuation pattern wo hota ha js k banny or breakout k bad market apna trend continue rakhti ha ya phr breakout kiye bina bhi market apny trend main expand hoti jati ha. aisa hi aik wedge pattern ha jisy expanding wedge pattern kaha jata ha or es main market higher highs or higher lows bnati ha jski waja se market expand hoti jati ha. agr highs ko highs se milata jay to aik rising trendline bamti ha jb k agr lows ko lows se milaya jay to falling trendline banti ha. eska mu agy se khula hota ha or jesy jesy market agy barhti ha ye mazeed khulta jata ha. How to trade expanding wedge pattern? Dear members es pattern main hum market k dono trf trade kar skty hain laikin es k lye hamen wait karna hota ha k market ya to upper trendline ko touch kary ya lower ko. or jb market upper trendline py ho to yahan se rejection k bad hum sell ki trade lety hain js main hmara stop loss trendline se opr hota ha. or jb market lower trend line k pas ati ha to yahan se rejection ki confirmation k bad hum buy ki trade lety hain es main hmara stop loss trendline se nechy hota ha jb k take proft next resisting trendline tk hota ha.