What is the Classic Pattern In Forex

What is the Classic Pattern In Forex

Classic Pattern

Classic Pattern In Forex Forex market mein Classic Patterns istemaal kiye jate hain taaki traders price action aur technical analysis se market trends aur trading opportunities ka pata laga sakein. Ye patterns chart formations hote hain jo price movements aur market behavior ke baare mein ahem malomat provide karte hain. Ek main classic pattern hai Head and Shoulders. Ye pattern price trend ki reversal ki chance ko zahir kerta hai. Is pattern mein price pehle ek uptrend mein hoti hai aur phir kisi point par head banta hai, jo price ke neeche girne ke baad ek shoulder banata hai. Phir price phir se upar uthkar ek bada sar head banata hai aur iske baad kam karke doosre shoulder banata hai. Jab price pehle shoulder se neeche girne lagti hai, tab ye pattern complete hota hai aur ek bearish reversal ki chance hoti hai. Is pattern ke mukhtalif variations bhi hote hain, jaise inverted head and shoulders pattern jo bullish reversal ki chances ko zahir kerta hai.Dusra classic pattern hai Double Top and Double Bottom. Double Top pattern mein price pehle ek level tak pahunchti hai, phir gir kar neeche aati hai aur phir se upar uthkar pehle wale level tak pahunchti hai. Is level ko resistance level kaha jata hai. Jab price do baar resistance level ko touch karta hai aur uske baad neeche girne lagti hai, tab ye pattern complete hota hai aur bearish reversal ki chance hoti hai. Double Bottom pattern mein bhi price pehle ek level tak girne ke baad upar uthkar wapas neeche aati hai aur phir se pehle wale level tak pahunchti hai. Is level ko support level kaha jata hai. Jab price do baar support level ko touch karta hai aur uske baad upar uthne lagti hai, tab ye pattern complete hota hai aur bullish reversal ki chance hoti hai. Trendline Breakout bhi ek classic pattern hai. Is pattern mein trendline ko draw kiya jata hai jo price ke successive highs ya lows ko connect karta hai. Jab price trendline ko cross karke bahar nikalti hai, tab ye pattern complete hota hai aur ek potential trend reversal ki chance hoti hai. Agar price trendline ko upar se cross karti hai, toh ye bearish reversal ki chance zahir kerta hai aur agar price trendline ko neeche se cross karti hai, toh ye bullish reversal ki chance zahir kerta hai. Trendline breakout ko confirm karne ke liye, traders doosre technical indicators aur price action ki tasdeeq bhi karte hhai.Ascending Triangle aur Descending Triangle bhi classic patterns hai. Ascending Triangle pattern mein price higher lows par ghati hai aur ek flat resistance level par rehti hai. Jab price resistance level ko break karke upar chadhti hai, tab ye pattern complete hota hai aur bullish trend ka indication deta hai. Descending Triangle pattern mein price lower highs par chadhti hai aur ek flat support level par rehti hai. Jab price support level ko break karke neeche girne lagti hai, tab ye pattern complete hota hai aur bearish trend ka indication deta hai. In classic patterns ke ilawa bhi kai aur patterns forex market mein istemal kiye jate hain, jaise Symmetrical Triangle, Cup and Handle, Wedge, aur Rectangles. Har pattern apne unique characteristics aur trading signals ke saath aata hai. Traders in patterns ka istemal karke market trends ko samajhne aur trading decisions ko lene ki koshish karte hain. Yeh patterns price action aur technical analysis ke saath mil kar traders ko market ke possibilities aur trading opportunities ke bare mein malomat dete hain. Lekin zaruri hai ki traders in patterns ko samajhne ke liye sufficient knowledge aur practice rakhein. Iske liye, traders ko chart analysis, price movements, aur trend identification par focus karna chahiye. Pattern recognition aur confirmatory signals ke liye, traders doosre indicators aur oscillators ka bhi istemal karte hain.