ASSALAM O ALAIKUM!
Friends, umeed ha ap sb khairiat se hn gy or apka trading week acha jaa raha ho ga. aj ki post main hum continuation patterns main se pennant chart patterns ko study karen gy or dekhen gy yh kia hota ha or isko kaisy trade kia jata ha.
PENNANT PATTERN:
dear members pennat pattern aik continuation pattern ha mtlb k yh jis trend main bnta ha us trend k continue hony ki nishani hota ha.agr bullish main bny to is k breakout k bad market bullish hoti ha.or agr bearish main bny to is k breakout k bad market bearish hoti ha. Is pattern ki 2 types hoti hain
1. BULLISH PENNANT PATTERN:
Dear members yh pattern bullish trend main bnta ha jb market kafi opr ja chuki ho to market thori retracement lyti ha or is trh ka pattern bnta ha.Is main market higher lows or lower highs bnati ha.Highs ko highs se milaen to aik trend line bnti ha or lows ko lows sy mila k dosri trend line bnti ha is trh market 2 trend lines k darmyan move karti ha.
TRADING IN BULLISH PENNANT PATTERN:
Dear members bullish pennant ko trade krny k lia humain chaea k pattern k complete hony or is k breakout ka wait karen jb breakout ho jy to uski confirmation ka wait karen jb confirmation ho jy to hm is main buy ki entry ly skty hn or hmara stoploss bullish pennant k oper trend line ya us sy nechy ho ga jb k profit pennant ki height k equal ho ga.
2. BEARISH PENNANT PATTERN:
Yh pattern bearish trend main bnta ha jb market kafi nechy gir chuki ho to market retracement lyty huy consolidate hoti ha or is trh ka pattern bnta ha.Is main market lower highs or higher lows bnati ha. Lows ko lows se mila kr or highs ko highs se mila k trend lines bnti hain or market i trend lines k drmyan move krti ha.
TRADING IN BEARISH PENNANT PATTERN:
Dear members is pattern main trade karny k lia humain breakout ka wait krna chaea or iski confirmation k bad sell ki trade lyni chaea or is main hmara stop loss pennant ki lower trend line ya us sy oper ho ga jb k profit pannent ki height k equal ho ga.
Friends, umeed ha ap sb khairiat se hn gy or apka trading week acha jaa raha ho ga. aj ki post main hum continuation patterns main se pennant chart patterns ko study karen gy or dekhen gy yh kia hota ha or isko kaisy trade kia jata ha.
PENNANT PATTERN:
dear members pennat pattern aik continuation pattern ha mtlb k yh jis trend main bnta ha us trend k continue hony ki nishani hota ha.agr bullish main bny to is k breakout k bad market bullish hoti ha.or agr bearish main bny to is k breakout k bad market bearish hoti ha. Is pattern ki 2 types hoti hain
1. BULLISH PENNANT PATTERN:
Dear members yh pattern bullish trend main bnta ha jb market kafi opr ja chuki ho to market thori retracement lyti ha or is trh ka pattern bnta ha.Is main market higher lows or lower highs bnati ha.Highs ko highs se milaen to aik trend line bnti ha or lows ko lows sy mila k dosri trend line bnti ha is trh market 2 trend lines k darmyan move karti ha.
TRADING IN BULLISH PENNANT PATTERN:
Dear members bullish pennant ko trade krny k lia humain chaea k pattern k complete hony or is k breakout ka wait karen jb breakout ho jy to uski confirmation ka wait karen jb confirmation ho jy to hm is main buy ki entry ly skty hn or hmara stoploss bullish pennant k oper trend line ya us sy nechy ho ga jb k profit pennant ki height k equal ho ga.
2. BEARISH PENNANT PATTERN:
Yh pattern bearish trend main bnta ha jb market kafi nechy gir chuki ho to market retracement lyty huy consolidate hoti ha or is trh ka pattern bnta ha.Is main market lower highs or higher lows bnati ha. Lows ko lows se mila kr or highs ko highs se mila k trend lines bnti hain or market i trend lines k drmyan move krti ha.
TRADING IN BEARISH PENNANT PATTERN:
Dear members is pattern main trade karny k lia humain breakout ka wait krna chaea or iski confirmation k bad sell ki trade lyni chaea or is main hmara stop loss pennant ki lower trend line ya us sy oper ho ga jb k profit pannent ki height k equal ho ga.