Head and shoulders pattern :
Technical analysis Ka chart mein Head and shoulder formation tab hoti hai , jab market ka trend reversal ka process mein ho either Bullish ya bearish trend ki reversal, aisa pattern apni shape form karta hai , esko reversal sa recognize kartay hain.Explanation:Forex mein ham dekhtay hain keh yeh Pattern bahut hi famous hai aur bahut ziada market mein use ho raha hota hai. Yeh aik trend reversal pattren hota hai jo keh market ka current trend ko change kaar deta a hai aur market ka trend change ho jata hai. Is pattern ko dekhnay ka liay ap ko market mein candles say banany wali shapes ko dekhna hota hai. Es mein market aik apna High lagati hai, aur market neechy support say uthati hai, aur us high ko break karti hai aur apna second high lagati hai jo keh previous high ko cross karta hai , is ka bad market down ati hai. Aur usi previous support say uthati hai lekin is bar market say woh high break nahin ho pata, aur market down a jati hai. Pher market down atay hi usi support ko break karti hai jis ko Neckline kaha jata hai , us ka retest per ap apni trade open kar saktay hain.
Trading strategy:Es pattern per trade karnay ka liay ap ko sab say pehlay es mein market ka trend dekhna hota hai, aur is ka bad aap ko market mein woh jaga dekhni hoti hai ,jahan yeh pattern ban raha hota hai. yeh pattern jab bhi banay ga ya to kisi bhi resistance per bany ga,ya phir support par bany ga aur jo pattern support per banta hai us ko aap Inverse Head and Shoulder pattern kehtay hain. Es main ap ko neckline k breakout aur retest k bad trade karna hoti hai aur is ka bad aap ko stop loss or take profit lgana hota hai.Advantages:Ap ka pass jab bhi neckline break hoti hai es k breakout k bad ap ko trade karna hoti hai kun k agr ap confirmation ka bad trade karain gy to es sy ap ki trade safe hoti hai or loss k chance bahut km hotay hain.
MARKET TREND:Es mein sab sa pehly ap ko market ka current trend dekhna hota hai kyun keh yeh aik trend reversal pattern hota hai. Aap ko market mein candles ki shapes ko dekhnaa hota hai jis say ap ko market main es pattern ka pata chalta hai aur ap trade kar saktay hain aur acha profit bana sakhty hain es pattren main ap asani say apni achi entry lay sakhty hain:Stop Loss:Dear Members jesa keh aap ko pata hai keh aap jab bhi koi trade lagaty hain to ap ko es main apni trade k sath stop loss lagana hota hai us say aap ki trade safe ho jati hai aur aap ka account wash nahin hota. Head and shoulder pattern main apka stop loss Shoulders ka oper hota hai ya phir aap neckline ka oper apna stop loss rakh sakty hain.
Take profit:Dear members es main ap ka take profit market ki next support ya resistance bhi ho sakti hai aur dosra ap es main ap neckline or Head k darmian jo size hota hai jitny pips ka gap hota hai es main aap apna take profit itna rakh sakty hain.
Technical analysis Ka chart mein Head and shoulder formation tab hoti hai , jab market ka trend reversal ka process mein ho either Bullish ya bearish trend ki reversal, aisa pattern apni shape form karta hai , esko reversal sa recognize kartay hain.Explanation:Forex mein ham dekhtay hain keh yeh Pattern bahut hi famous hai aur bahut ziada market mein use ho raha hota hai. Yeh aik trend reversal pattren hota hai jo keh market ka current trend ko change kaar deta a hai aur market ka trend change ho jata hai. Is pattern ko dekhnay ka liay ap ko market mein candles say banany wali shapes ko dekhna hota hai. Es mein market aik apna High lagati hai, aur market neechy support say uthati hai, aur us high ko break karti hai aur apna second high lagati hai jo keh previous high ko cross karta hai , is ka bad market down ati hai. Aur usi previous support say uthati hai lekin is bar market say woh high break nahin ho pata, aur market down a jati hai. Pher market down atay hi usi support ko break karti hai jis ko Neckline kaha jata hai , us ka retest per ap apni trade open kar saktay hain.