Importance of ""Head and Shoulders Chart Pattern"" in forex trading...

Assalamu Alaikum! Dear seniers and juniers traders, umeed ha k ap sab kheriat sa hon ga aur forex market sa ak acha gain le raha hon ga.

Importance of ""Chart Patterns"" in forex trading:

Forex trading man trader currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read kerta ha. Q k price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Chart Patterns currency pairs aur commodities k price chart man price ki movement ko track ker k trader ko 100% accurate ""trade entry aur trade exit"" ko identify kerta han. Is liye trader forex trading man kisi b currency pair ya commodity ko buy/sell kerna k liye chart patterns per depend kerta han. Aj man apka sath ""Head and Shoulders Chart Pattern"" k bara man apna knowledge share kerta han.

Head and Shoulders Chart Pattern:

Head and Shoulders Chart Pattern ak strong chart pattern ha, is pattern man buyers prices ko oper le jana k liye 3 dafa koshish kerta han lakin her dafa sellers price ko nicha same level per le ata han. Is terha prices three top banati han, jis man dermiyan wali peak baqi two peak k moqabla man higher hoti ha, jisko is pattern man ""Head"" aur baqi 2 same hight ki peak ko left and right shoulders kehta han. Teeno peaks same level sa start hoti han. Ager teeno peaks k start ko trend line sa jora jae to is line ko ""Neckline"" kehta han. Is pattern k complete hona per price neckline ko break kerti ha.

Trading with Head and Shoulders Chart Pattern:

Head and Shoulders Chart Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara, jab price neckline per a ker candle ka close Neckline k nicha de to is sa breakout ki confirmation ho jati ha. Trader ko trade k liye price ka neckline ko retest kerna ka wait kara, aur jab price re-test ki confirmation de to is per trader ko ""sell ki trade"" active kerni chaheye.

Stoploss and Take Profit:

Head and Shoulders Chart Pattern per trading k doran trader ko Stoploss ko right shoulder per place kerna chaheye aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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Re: Importance of ""Head and Shoulders Chart Pattern"" in forex trading...

Dear friends forex market main hum jab kaam kar rahy hoty hain to is main hum dekhty hain k humain is main proper learning karna hoti hy aur humain is main knowledge hasil kar k is market main kaam kaarna hota hy. Keun k agr hum is main without knowledge aur without learning koi bhe kam karin gy to is sy humain loss hoga agr market main kamyaab hona chaty hain ti is mian learning karin aur trading ke practice karin. Dear market main hum dekhty hain k jab hum is main technical analysis kar rahy hoty hain to chart par hmary pas bahot zyada different chart patterns aur candle sticks patterns ban rahy hoty hain jinko humain samjh kar trade karna hoti hy. Agr hum in candlesticks k bary main achy sy knowledge rakhty hain to humain asani sy inki samjh aa sakti hy.

What is Head & Shoulder Pattern:

Dear friends forex main hum dekhty hain k ye pattern bahot he famous hy aur bahot zyada market main use ho raha hota hy. Ye ik trend reversal pattren hota hyb jok market k current trend ko change kar deta hy aur market ka trend change ho jata hy. Is pattern ko dekhny k liay apko market main candles sy bany wali shapes ko dekhna hota hy. is main market ik apna High lgati hy aur markt nechy support sy uthti hy aur us high ko break karti hy aur apna second high lgati hy jok previous high ko cross karta hy isk bad market down ati hy aur usi previous support sy uthti hy lakin is bar market sy wo high break nahi ho pata aur market down aa jati hy. Phr market down aty he us support ko break karti hy jisko Neckline kaha jata hy usk retest par ap apni trade open kar sakty hain.



Dear friends jab ye pattern banta hy to is main apk pas candlesticks sy jo chezain banti hain wo ye hain:

Right Shoulder

Head

Left Shoulder

Neckline

Dear friends jab ye chezain apko dekhny ko milti hain to inki madt sy ye pattern complete hota hy.

Trade on This pattern:

Dear friends is pattern par trade kany k liay apko sub sy paehly is main market ka trend dekhna hota hy aur isk bad apko market main wo jaga dekhni hoti hy jahan ye pattern ban raha hota hy. ye pattern jab bhe bany ga ya to kisi bh resistance par bany ga ya phr support par bany ga aur jo pattern support par banta hy usko ap Inverse Head & Shoulder pattern kehty hain. is main apko neckline k breakout aur retest k bad trade karna hoti hy aur isk bad apko stop loss aur take profit lgana hota hy.



Market Trend:

Dear friends is main sub sy pehly apko market ka current trend dekhna hota hy keun k ye aikl trend reversal pattern hota. Apko market main candles ke shaps ko dekhna hota hy jisy apko market main is pattern ka pata chalta hy aur ap trade kar sakty hain.



Neckline Breakout & Retest:

Dear friends apk pass jab bhe neckline break hoti hy hy isk breakout k bad apko trade karna hoti hy keun k agr ap confirmation k bad trade karin gy to is sy apki trade safe hoti hy aur loss k chance bahot kam hoty hain.



Take Profit:

Dear friends is main apka take proft market ke next support ya resistance bhe ho sakti hy aur dosra ap is main ap neckline aur Head k darmian jo size hota hy jitny pips ka gap hota hy is main ap apna take profit itna rakh ssakty hain.

Stop Loss:

Dear friends jesaa k apko pata hy k ap jab bhe koi trade lgaty hain to apko is main apni trade k satyh stop loss lgana hota hy us sy apki trade safe ho jati hy aur apka account wash nahi hota. Dear head and shoulder pattren mainn apka stop loss Shoulders k oper hota hy ya phr ap ap neckline k oper apna stoploss rakh sakty hain.

Inverse Head & Shoulder Pattern:

Dear friends ye pattern jab bhe banta hy ye market support par bany ga aur market k down trend k bad bany ga. Jab market downm movement kar rahe hote hy to market ke ksi bhe strong support par ye pattern bany ga aur is pattern k bad market k up jany k chance ban jaty hain jisk main ap apni buy ke trade open kar sakty hain.

Re: Importance of ""Head and Shoulders Chart Pattern"" in forex trading...

Assalamualaikum dear forex members
Kesy hain ap sab kheriyat sy hongy umeed karta hon forexforum ko enjoy kar rahy hongyAj ki post main ap logo s headand shoulder pattern k bary main discus karnga jo ap k liye bht helpfull hoga or ye knowledge apk bht kam aye ga

What is head & Shoulder pattern?
Dear members head and shoulder pattern ak bearish reversal pattern hota hai or ye ye bullish trend k end p banta hai jab market kafi upeuper rally ki shakal main ja chuki ho to wapis thora neechy ati hai
Or ak support p rukti or wapis uper jati hai or apny previous highs ko break kr k naya high banati hai ye high Head kehlata hai
Or isk bad wapis purani support line py ati hai or phir wahan s uper jati hai jo first high tha usk baraber ya us s thora uper jab k head sy neechy ak or high bana k wapis support line par ajati hai head k dono side py jo 2 high hoty hain wo right or left shoulder kehlaty hain


Neckline
Jis support line p aap k market bar rukti hai head and shoulder pattern main wo line neckline kehlati hai


How to trade?
Dear members head and shoulder pattern main trade karny k liye humy patternpattern k complete hony ka wait karna chahye jab pattern complet hojaye to usk breakout or confirmation ka wait karna chahye
Breakout ki confirmation k bad humy is main sell ki entry ly leni chahye or hamara stoploss neckline ya phr us s uper hoga jab k profit target neckline or head k darmyan height jitna hoga

Re: Importance of ""Head and Shoulders Chart Pattern"" in forex trading...

Doston hum ye baat achi tarah jante hain trading karne k liye hum kisi strategy kisi na kisi method ka use karte hain aur analysis mein patterns dekhte hain har pattern ki apni aik worth hoti hai head and shoulder ka kafi use hota hai is pattern ko detail se dekhte hain

Introduction:

Head and shoulder chart pattern ka hi aik shakal hai hum isko study karte hain head and shoulder chart pattern admi k sir kandon ki tarah se hi dekhai daita hai is liye is ka naam head and shoulder hai head and shoulder chart pattern ki agar tafseel se hum dekhte hain tu teen bottom me divide kiya gaya hai head and shoulder chart pattern taizi mei ani wali bearish reversal chart pattern hai aur ye kafi valid hi mana jata hai iska matlab hai bazar mei taizi ka trend chal raha hai wo ab khatam ho chuka hai.

Definition of this pattern:

Dear members hume is pattern ki samajh honi chahiye b bahtreen pattern hai agar aap neckline ko identify or recognize karna chahte hain tu isko aap mazeed hamesha hi 2 major parts main classified Kar saktay hain ye important hota hai aur iski identification kar sakte hain iski tareef yahi hai is ki explanation Kay liye following pattern ki details explain karna chata hun.

Neckline head and shoulders candlestick:

Dear members acha pattern hamesha candles ki base pe banta hai jab aap Forex trading market mein head and shoulder pattern aur inverted head and shoulders candlestick pattern ko study karte hain aap isko samjhte hain tu iskay shoulders aur head ki proper recognition kar lete hain wahan ap search karo gay k to us time par aapko shoulder sy down side par aik strong support mil rahe hoti hai is level ko ap neckline khety hain har trader isko dekhte hai ye Neckline bahot hi important hoti hai jo ap ki perfect trading k liye helpful information provide kar rahi hoti hai.

Conclusion:

Aziz doston to agar ap trading main kamyabi hasil karna chahte hain aap ko maloom hona chahiye pattern ko kaise samjhna hai kamyabi k liye to sb sy pehle apko pattern k complete hone k wait krna chaiye or mazeed ye k uski confirmation k bad hi trade open karna chaiye is sy ap acha profit earn kar sakte hain bahtreen way yahi hoti hai hamesha jab breakout ho jaye or iski confirmation clear ho jaye to hum tafseel se dekhne k bad tab hum agr trade open krte hain to is sy humy acha profit hota hai.