bullish reversal chart patterns discussion

Bullish reversal chart patterns discussion

ASSALAM ALAIKUM!

• dear members aj ki post main hum bullish reversal patterns ko study karen gy. Hum dekhen gy k ye patterns kb bnty hain or inka breakout kb hota ha or in pr trade kesy ki jati ha.
• in patterns ko bullish reversal es lye kaha jata ha k ye bearish trend k end main bnty hain or in k breakout k bad prices tezi se barhti hain.

1) BULLISH TRIPLE BOTTOM PATTER

• dear members ye pattern bearish trend k end main bnta ha or esko tripple bottom es lye kaha jata ha k yahan pr market 3 base bnati ha.
• phly market kafi nechy gir chuki hoti ha or phr opr thira retracement le wapis 1 support area py ati ha or base bnati ha phr wapis opr apny previous high tk jati ha or phr nechy aa k usi bade py 2nd bottom bnati ha esi trha phr opr ja k nechy ati ha or Tripple bottom pattern complete hota ha.

• Triple bottom pattern hmesha bullish hota ha q k es k breakout k bad market buy main jati ha.

How to trade it?

• Dear members triple bottom pattern main trade leny k lye apko pattern k complete hony ka wait karna chahye or us k bad jb neckline ka breakout ho or uski confirmation ho jy to ap buy ki trade le skty hain,
• es main apka stop loss neckline se nechy ho ga.
• or profit target bottom se top tk ki height k equal ho ga.
• Jesa k opr picture main dkha ja skta ha.

2) BULLISH FALLING WEDGE

• DEAR MEMBERS ye pattern hmesha bearish trend k end main bnta ha or ye khud bullish hota ha. Es k breakout k bad prices barhti hain market buy main jati ha.
• infact market teezi se nechy gir chuki hoti ha or us k bad market consolidate hoti ha aik area ha main or lower highs or lows bnati ha. Agr in lows or highs ko milaya jy to 2 trend lines main aik channel bnta ha jsko wedge kaha jata ha.

How to trade it?

• Dear members bullish falling wedge main trade leny k lye hamen breakout or eski confirmation ka wait karna chahye or confirmation k bad hm buy ki trade le skty hain.
• es mai hmara stop loss wedge ki opr ki resisting line se thora nechy ho ga or profit target wedge ki height k equal ho ga.