bullish continuation patterns & trading strategy discussion

Bullish Continuation Patterns & Trading Strategy discussion

Assalam alaikum!

• Dear members umeed ha ap sb khairiat se hn gy.
• aj ki post main hum Bullish continuation patterns ko discus karen gy or dekhen gy k inko kesy trade kia jay.
• Dear members continuation patterns wo hoty hain jo k trend k continue hony ki nishani hoti ha k abhi ye trend agy chly ga or market sirf retrace kar rhi ha.
• Bullish ka mtlb hota ha uptrend or es main prices barhti rhti hain.
• 2 bullish continuation patterns nechy discuss karen gy hum.

1) BULLISH FLAG PATTERN:

• Dear members ye pattern strong up trend main bnta ha jb market kafi opr ja chuki ho or ye es bat ki nishani hota ha k prices abhi mazeed barhen ge. Es pattern ko bull flag es lye kaha jata ha q k eski shape 1 pole or flag se milti julti hoti ha.
• nechy se jb market opr jati ha kafi to wo pole bn jata ha us k bad market thora nechy ati ha retracement leti ha jo k flag shape main hoti ha.ye flag rectangle type bhi ho skta ha ya phr thora downward ho skta ha.

How to trade bullish flag?

• Dear members bullish flag main trade leny k lye apko flag k breakout hony or breakout ki confirmation ka wait krna chahye.jb breakout ki confirmation ho jy to ap wahan se buy ki trade ly skty hain.
• or es main apka stop loss bull flag ki resisting trend line k nechy ho ga or apka profit target flag k pole k equal ho ga.

2) BULLISH FALLING WEDGE:

• Dear members bullish falling wedge bhi bullish flag pattern ki hi trha hota ha laikin frq sirf itna hota ha k es main market converge hoti jati ha es main market k lower highs bnty jaty hain or higher lows bnty jaty hain or price consolidate hoti jati ha.
• es trend main price direct opr gai hoti ha kafi us k bad consolidate karti ha or ye es chez ki nishani hoti ha k abhi prices mazeed barhny ge.

How to trade Bullish falling wedge?

• Dear members bullish falling wedge main trade karny k lye apko breakout ka wait karna chahye. Jb breakout ki confirmation ho jy to ap buy ki trade le skty hain
• or es main apka stop loss wedge ki resisting trend line se nechy ho ga or profit target wedge ki height k braber ho ga.