symmetric triangle chart pattern trading strategy and it's importance

Symmetric Shape Triangle

Dear friend, triangle up side market movement ma hoti hai yani is ko first point per rejection multi hai jb market neechy sy uper ati hai or phir again aik or rejection multi hai market ke high point sy lower high point ma or uskay bad higher lower point per market ko aik reverse milta hai or yeh reverse 2 hight points or aik low point ki madad se banta jisko ham Forex ma symmetrical triangle kehty hain.



Symmetric Formation

Agr formation ki baat ki jay to is me market reversal sy pehaly market ke breakout Ka intezar Karna Hota hai ke market kis traf move karegi ager breakout market ki upside ma Hota hai to market Ka decision reverse Hoga or market retrace main chali jai ge . Aur is point per jab market retrace karey go tab hum be usma entry Leni hai.



Trading Strategy on Symmetric Triangle

Is me trading kah Leay Hamara jo price target Hona chaye wo symmetrical ki height per depend karta hai. Is ki Jo base ki height ha us per depend krta ha. Yani ke eska target eski base per position per Hona chaye.yani ke market ki base or minimum price objective per ap ka faisla Hota ha Kay trade open krny hy ya nahi.



How to Apply Triangles in Chart Patterns

Triangle ko candlestick chart pattern mein is tarah apply karty hain ke agar bulesh ftrend ho to aap ny lower candle sy upper candles jo latest candle ho us tk triangle ko lower line ko aet krnq hota hai ab apko triangle ko candles ky outer side py set krna chye tb apko maloom ho jata hai ky yeh kon si candle hai. Candles ko madad sy he triangle banti hai.



Other Two Types

Yeh symmetrical triangle ho skti hai, ascending triangle ho skti hai ya descending triangle ho akti hai. Ab apko yeh bhi pta hona chye ky symmetric triangle bn jay to kya mtlb hota hai market ka behaviour next kya ho skta hai. Is me mazeed do trianges Hoti Jo darj zail hen.

1. Ascending Triangle

2. Descending Triangle

### Symmetric Triangle Chart Pattern Trading Strategy Aur Iski Ahmiyat
Forex trading mein chart patterns market ki future direction ko predict karne mein madadgar hote hain, aur symmetric triangle chart pattern unmein se ek hai jo traders ke liye kafi useful ho sakta hai. Symmetric triangle pattern trend continuation ya reversal signal de sakta hai, aur iska sahi istemaal karke traders apni strategies ko enhance kar sakte hain.

**Symmetric Triangle Pattern Kya Hai?**

Symmetric triangle ek consolidation pattern hai jo market ke high aur low points ke convergence se banta hai. Is pattern mein, price highs aur lows progressively tight hoti jati hain, aur pattern ke andar ek triangle shape develop hota hai. Yeh pattern usually do trendlines ke beech hota hai: ek upper trendline jo higher highs ko connect karti hai aur ek lower trendline jo higher lows ko connect karti hai.

**Pattern Ka Formation Aur Significance:**

1. **Formation**: Symmetric triangle pattern tab banta hai jab market consolidation phase mein hota hai. Yeh pattern price action ko squeeze karta hai, aur jab pattern complete hota hai, toh price breakout karne ke liye ready hoti hai. Breakout ya toh upper trendline se upar hota hai, jo bullish signal hota hai, ya lower trendline se neeche, jo bearish signal hota hai.

2. **Significance**: Symmetric triangle pattern ki significance uski ability hai market ke consolidation phase ke baad trend continuation ya reversal ko predict karne mein. Yeh pattern typically trend continuation ke liye use hota hai agar breakout existing trend ke direction mein hota hai. Agar breakout opposite direction mein hota hai, toh yeh trend reversal signal bhi provide kar sakta hai.

**Trading Strategy:**

1. **Pattern Identification**: Sabse pehle, symmetric triangle pattern ko identify karna zaroori hai. Is pattern ko dekhte waqt, ensure karein ke price highs aur lows consistently converge kar rahe hain aur triangle shape bana rahe hain.

2. **Breakout Points**: Pattern complete hone ke baad, breakout points ko monitor karein. Agar price upper trendline se break ho jati hai, toh yeh bullish signal hota hai. Lower trendline se breakout bearish signal hai. Breakout ke baad, volume increase ko bhi dekhna chahiye, kyunki volume confirmation provide karta hai.

3. **Stop Loss Aur Target Levels**: Trading strategy ke part ke tor par, stop loss ko pattern ke opposite side ke bahar rakhen. Target levels ko pattern ki height ke basis par set karein, jo breakout point se measure kar ke calculate kiya jata hai.

**Conclusion:**

Symmetric triangle chart pattern trading mein ek useful tool hai jo market ke consolidation phase ko samajhne aur trend continuation ya reversal ko predict karne mein madad karta hai. Is pattern ka sahi istemaal karke traders apni trading decisions ko refine kar sakte hain aur market ke potential moves ko better anticipate kar sakte hain.