Butterfly Pattern trading Strategy in Forex Guidelines.

Butterfly Pattern trading Strategy in Forex Guidelines.

Butterfly Pattern trading. Butterfly Pattern forex trading mein ek technical analysis ka pattern hai jis se traders currency pairs ki movement ko analyze karte hain. Is pattern ko samajhne ke liye niche diye gaye headings ko read kren. Butterfly Pattern ka definition. Butterfly Pattern ek price action pattern hai jis mein traders currency pairs ki movement ko analyze karte hain. Ye pattern Bullish aur Bearish markets dono mein use kiya ja sakta hai. Butterfly Pattern Components. Butterfly Pattern ke components hote hain: - XA leg: Ye pattern ka pehla leg hota hai aur is mein price ka initial movement hota hai. - AB leg: Ye pattern ka doosra leg hota hai aur is mein price ka counter-trend retracement hota hai. - BC leg: Ye pattern ka teesra leg hota hai aur is mein price ka trend reversal hota hai. - CD leg: Ye pattern ka chautha leg hota hai aur is mein price ka trend continuation hota hai. Butterfly Pattern Formation. Butterfly Pattern ki formation mein sab se pehle XA leg ban jata hai. Us ke baad AB leg ban jata hai jo XA leg ke opposite direction mein move karta hai. Phir BC leg ban jata hai jo AB leg ke 0.618 Fibonacci retracement level tak move karta hai. BC leg ke baad CD leg ban jata hai jo BC leg ke 1.272-1.618 Fibonacci extension level tak move karta hai. Butterfly Pattern Trading strategy. Butterfly Pattern ka trading strategy ke liye traders ko ye steps follow karne hote hain: - Butterfly Pattern ki formation ko identify karna. - Agar pattern Bullish hai to buy position aur agar pattern Bearish hai to sell position lena. - Stop loss ko pattern ke opposite side ke high/low se set karna. - Profit target ko pattern ke CD leg ke 1.618 Fibonacci extension level tak set karna. More Facts. Butterfly Pattern forex trading mein ek popular technical analysis ka pattern hai jis se traders price movement ko analyze karte hain. Is pattern ki formation, components aur trading strategy ko samajhne se traders is ka faida utha sakte hain.