renko chart pattern:

Renko chart pattern:

Renko chart pattern:

WHAT IS A RENKO CHART? Renko chart technical analysis ma istemaal hone wala ak prakaar ka chart ha jo kesi bhi saman ka dam ka gati ko track karne ka liyehota ha. Ise traditional candlestick ya bar charts se alag banata ha, jo dam ko samay ka aadhar par dikhate ha. Renko charts sirf dam ke gati par dhyaan dete ha. Chart ko brick ya box se banaya jata ha jo ak nirdharit dam range ko represent karte ha. Har brick ka size barabar hota ha or ya to bhara hua hota ha ya khokla, yeh dam ka nirdharit bedge ka upar ya niche hone par nirbhar karta ha. Renko charts vyapariyon ko dam ka trend or pattern ka saaf visual representation pradan karte ha. Samay ka antar ke shor ko hatane se, Renko charts help karte ha mahatvapurna dam ke gati ko pehchane or chhota taygulta ko filter kare. Yeh khaskar upyogi hote ha support or resistance levels, trend ulatne or dam breaout ka pehchan karne ma. HOW TO CONSTRUCT A RENKO CHART: Renko chart banane ka liye, aapko har ak brick ka liye dam range ya brick size tay karna hota ha. Iss kam ko karne ka liye aapko pata hona chahiye ke ketne pips ya points ko par keya jana chahiye take ak brick add ho saka. Jaise, agar aap 10 pips ke jagah 10 pips ka brick size chunte ha, toh ak naya brick tabhi add hoga jab dam 10 pips upar ya niche jaye. Jab brick size tay ho jaye, tab chart brick se plot keya jata ha. Agar dam upar ke taraf nirdharit raqam se badhega, tab ak naya bhara hua brick pichle brick ka upar add hota ha. Agar dam niche ke taraf nirdharit raqam se girega, tab ak khokla brick pichle brick ka niche add hota ha. Yah prakriya jab tak chalti rahegi jab tak dam rukh badal na le or brick size ko ulat na de. RENKO CHART PATTERNS: Renko chart ka pattern dam ka trend or potential trading opportunities ka liye mahatvapurna insights pradan kar sakte ha. Kuch common Renko chart ka pattern ha: 1. Double top/bottom: Iss pattern ma do consecutive bricks ak hi color ka hote ha or ak brick in dono color wale bricks ka beech ma hota ha. Yeh prevailing trend ka ulatne ka potential señal deta ha. 2. Triple top/bottom: Double top/bottom pattern ke tarah, triple top/bottom pattern ma teen consecutive bricks ak hi color ka hote ha, yeh ak majboot trend ulatne ka señal deta ha. 3. Rectangle pattern: Rectangle pattern tab hota ha jab dam ak range ka andar consolidate hota ha, Renko chart ma ak rectangle shape formation banata ha. Yeh pattern markat ma indecision ka samay batata ha or breakout ya breakdown se pahle bhi aa sakta ha. 4. Trendline break: Renko chart par trendline break tab hota ha jab dam trendline ka niche ya upar jaata ha. Yeh prevailing trend ka rukh ma potential badlav ka señal deta ha. ADVANTAGES OF RENKO CHARTS: Forex trading ma Renko charts istemal karne ka kuch faiday ha: 1. Behtareen qeemat ke saaf nazar: Renko chartsmarkat noise ko filter karte ha or sirf qeematon ke harakhto par tawajjo dete ha, jo trends or patterns ko pehchanne ma asaan bana dete ha. 2. Emotionally controlled trading: Renko charts waqt ke asalat ko hata dete ha, jis se traders ko chotey dor ke qeemat ma ghar mamooli tabdeeliyon par zyada tawajjo na deni padti ha or woh rational trading decisions le sakte ha. 3. Saaf support or resistance levels: Renko charts ma kay support or resistance levels ko pehchanne ma asaan ho jati ha, jo entry or exit points tay karne ka liye istemal keya ja sakta ha. 4. Behtareen trends ke pehchan: Renko charts ma lambe arsay ka trends ko highlight karne ma kamyab hote ha, jis se traders ko markat ka sahi taraf rehne ma asaan ho jata ha. TRADING STRATEGIES WITH RENKO CHARTS: Renko charts ka saath kuch mashhoor trading strategies ha: 1. Trend following: Traders Renko chart par jab takatwar trend qaim ho jaye tab trade enter kar sakte ha or jab trend palatne ke nishaniyan dikhaye toh exit kar sakte ha. 2. Breakout trading: Traders Renko chart par jab price kay support ya resistance level ko break kare toh trade enter kar sakte ha. 3. Moving average crossover: Traders Renko chart par moving averages ka istemal karka buy ya sell signals generate kar sakte ha jab chotey dor ka moving average baray dor ka moving average se upar ya neeche jaye. 4. Renko reversal patterns: Traders Renko chart par specific reversal patterns, jaise double tops ya bottoms, ko talaash kar sakte ha, jis se poteiunl trend reversals ko pehchan sakte ha. Aakhir ma, Renko charts forex trading ma qeemat ke harakaton par ak mukhtalif nazar dete ha. Sirf qeemat par tawajjo dete huye or waqt ke shor ko khatam karka, Renko charts traders ko trends, patterns or support or resistance levels ko pehchane ma madad karte ha. Renko charts ko banane or analyze karne ka ilm rakhte hue, traders effective trading strategies develop kar sakte ha or informed trading decisions le sakte ha.