Trade winning strategy using Rising Wedge Candlestick Pattern

Trade winning strategy using Rising Wedge Candlestick Pattern

TRADING STRATEGY USING RISING WEDGE CANDLESTICK PATTERN

Introduction Rising Wedge Candlestick Pattern aur isko istemal karke trade karne ka qadam ba qadam tareeka samjhata hoon. Yeh ek mukhtasar tarah hai jisse traders market mein price ke movements ko samajhte hain aur sahi waqt par trade karte hain. Rising wedge pattern aik reversal pattern hota hai, yaani ke yeh ishara deta hai ke trend change hone wala hai. Shuruaat se Baat Cheet: Pehli cheez, aapko market ke current scenario aur trend ke baare mein maloomat hasil karni chahiye. Agar aap dekhte hain ke uptrend mein market hai, toh aapko dhyan dena chahiye ke kahin price ki upar wali movement ko kisi wedge ki shape mein nahi ja raha hai. Pattern Pe Nazar Rakhna: Agar aapko lagta hai ke market mein rising wedge pattern ban raha hai, toh aapko candlestick charts pe nazr rakhni chahiye. Is pattern mein, higher highs aur higher lows ki formation hoti hai, jisse ek wedge ki shape ban jati hai. Price Ki Movement Ko Map Karna: Is stage mein, aapko price ki movement ko track karna hai. Rising wedge pattern mein, price higher highs banata hai lekin wo kam range mein. Isi dauran, price lower highs bhi banata hai aur woh bhi kam range mein. Yeh formation wedge shape ko banata hai. Support Lines Aur Resistance Lines: Aapko support aur resistance lines tayyar karni hongi. Support line lower lows ke liye use hoti hai, jabki resistance line higher highs ke liye. Yeh lines aapko pattern ko confirm karne mein madadgar ho sakti hain. Breakout Ka Intezar Karna: Rising wedge pattern mein, jab price wedge ke andar move karta hai aur support line ko break karta hai, tab yeh ek potential sell signal ho sakta hai. Aapko breakout ke confirm hone ka intezar karna hoga. Stop Loss Aur Target Set Karna: Agar breakout ho jata hai toh aapko ek sell trade enter karna chahiye. Stop loss ko ek level pe set karna chahiye jahan par price ki bounce ki sambhavna ho. Target ko tayyar karna zaroori hai jisse aapko pata ho ke aapko kitna profit chahiye. Trade Management: Jab aap trade mein hain, toh aapko market ke movements ko dhyan se dekhna hoga. Agar price aapke against move kar raha hai toh aapko trade ko close karne ka faisla karna hoga. Pattern Ki Taeedh Ki Tasdeeq Karna: Agar price breakout hone ke baad opposite direction mein move karta hai, toh yeh rising wedge pattern ki taeedh ho sakti hai. Is situation mein, aapko trade ko band karne ke baare mein sochna chahiye. Word of Advice Yad rahe ke trading risky hoti hai aur yeh strategy bhi kisi bhi waqt kamyaab nahi ho sakti. Isliye, hamesha risk management ko yaad rakhein aur trading mein samay lagayein. Iske alawa, trading mein maharat hasil karne ke liye practice aur experience bhi zaroori hai.