Neck Pattern

Neck Pattern

Neck pattern Neck pattern aik reversal pattern hai jise ki bearish trend ke baad dekha jata hai. Yeh pattern bullish reversal ke indication ke tor par samjha jata hai. Neck pattern ki formation Neck pattern ki formation bearish trend ke baad hoti hai. Is pattern mein do peaks hote hain jo ki bearish trend ke nishan hote hain. Iske baad aik trough (low point) aata hai jise ki bearish trend ka bottom point samjha jata hai. Phir market mein aik small rally hota hai jise ki neckline kehte hain. Neckline bearish trend ki support line hoti hai. Jab market neckline ko break kar ke upar jata hai to yeh aik bullish reversal ke indication ke tor par samjha jata hai. Neck pattern ka identification Neck pattern ki identification bearish trend ke baad ki jaati hai. Is pattern ki formation ke liye do peaks aur aik trough ki zaroorat hoti hai. Agar market mein aik bearish trend hai aur do peaks bhi ban chuke hain to traders ko aik reversal ke liye wait karna chahiye. Agar market mein aik small rally aata hai aur neckline ko break kar ke upar jata hai to yeh Neck pattern ki formation ke indication hai. Neck pattern ke liye entry aur exit points Neck pattern ke entry aur exit points ko samajhna traders ke liye bohot zaroori hai. Entry point neckline ke break ke baad hota hai. Agar market neckline ko break kar ke upar jata hai to traders ko long position le lena chahiye. Stop loss ko bearish trend ke bottom point se 2-3 pips niche rakha ja sakta hai. Exit point jab market mein aik bullish trend shuru ho jaye to traders ko apni position close kar lena chahiye. Conclusion Neck pattern aik reversal pattern hai jo ki bearish trend ke baad dekha jata hai. Is pattern ki formation do peaks aur aik trough ke baad hoti hai. Is pattern ki identification bearish trend ke baad ki jaati hai. Entry point neckline ke break ke baad hota hai aur exit point jab market mein bullish trend shuru ho jaye to hota hai. Agar traders Neck pattern ko sahi tareeqe se samajh len to is pattern se bohot faida utha sakte hain.