importance of wedge chart pattern in forex trading..

introduction:

Assalamu Alaikum umeed hai k ap sbsb thek hn gyen or forex market ko achy sy enjoy kr rhay hn gyen aj main ap k sath apna experience or knowledge share krny ja rhe hn forex trading krny sy phely study krna bht zaruri hota hai tak humy km krny main asani ho or ziyada acha profit increase kr skyn agr ap chahty hain k ap trading msin successful bn skyn to us k liye ap ko soch sumj k trading krni ho ge..


Importance Of Chart Pattern In Forex Trading:

Forex trading msin traderbko chshiyebk wo sb sy phela currency pairs or commodities ki price movements ko sumjnabk liye price chart ko read kren q k price chart patterns main changes momentum or price k trend main change ko accuracy k sath identify krta hain forex trading main chart patterns trader konais qabil bnta hain k wo currency pairs or commodities k price chart main price ki movement ko track kr leta hsi or trader ko matket main accurate trade entry or trade exit ko btata hai ais liye forex trading msin trader kisi bhi currency pair deoend krta hai aj msin ap k sathbwedge chart pattern pr trading k related apna knowledge share krta hai..


Wedge Chart Pattern:

Wedge chart pattern ek consolidation chart pattern hai jis mmsin price ki movement ccontinuously decrease krti hai ye pattern trend continuation or trend reversal 2ono k signal deta hai ais pattern ko draw krna k liye trader price k swing high or swing low ko alag trend lines sa jorta hai ais pattern k valid hona k liye zaruri hai k 2ono trend line aga ja kr kisi point pr cross krna chahiye..


Types Of Wedge Chart Pattern:

Wedge chart patterns formation oor trade signal k lehaz sa two types k hoty hain.









1:Falling Wedge Chart Pattern:

Falling wedge chart pattern main 2ono trend lines k slope negative hota hai agr falling wedge chart pattern downtrend main fform hota hai to ye ttrend reversal k signal hota hai or pattern k complete hona pr pprice upper trend line ko break krti hai..


2:Rising Wedge Chart Pattern:

Rising wedge chart pattern main 2ono ttrend lines k slope positive hota hai agr rrising wedge chart pattern uptrend main bna to ais liye reversal k signal deta hai ais pattern k complete hona pr price lower trend line ko break krti hai..


Trading With Rising Wedge Chart Pattern:

Rising wedge chart pattern pr trading k liye zaruri hai k trader ais pattern k complete hona k wait kry ais pattern main jb price lower trend line k pas a kr candle k close trend line sy nechy dy diya to ais sy breakout ki confirmation ho jati hai trader ko trade active krna k liye price k trend line ko retest krna k wait krna chahiye jb price retest ki confirmation dy da to ais pr trader ko sell ki trade active krni chahiye..


Stoploss And Take Profit:

Rising wedge chart pattern pr trading k liye zaruri hai k trader stoploss ko ais pattern k last swing high sy 6 pips oper place kry or take profit ko ais pattern k first swing k distance k baraber nechy place key..

Re: Importance Of Wedge Chart Pattern In Forex Trading..

What is Wedges?
Chart per hamesha price consolidatiin chalti rehti hay jis waja say buyers ka interst kam ya ziadah hota hay aur unka trading behaviour and style bhi isi waja say badalta hay. Wedges ki formation tab wajood main ati hay jab market main musalsal price consolidation ho aur up and slope side per price movement ban rahi ho. Is tarah prive aik average momentum say kam ya ziadah ho kar akhir main bilkal mil jati hay aur wahan say further up ya slope side per break karti hay. Is tarah traders ko reversal ya continuation trend main again effective trading ka moqa mil jata hay.

Appearance of the Wedges.
Wedges pattern basically two types kay hoty hain jo Falling and rising kay name say pehchany jaty hain. Jo further reversal ya continuation laity hain. Rising wedges ya falling wedges bullish and bearish donon trends main banty hain. Isi waja say inki formation bahut amoomi hay. Laikin inko pehchan'ny kay liye deeply observation bahut zaroori hay q keh inki formation kay bad break bahut mani rakhti hay jo trend ko kisi bhi simat lay jati hay.



Falling Wedges.
Falling wedges yani jab price consolidation to ho rahi ho laikin over volume down ho raha ho aur is waja say momentum bhi low ho raha ho aur buyers and sellers undecided hon. Jab ye pattern takmeel per puhnch jata hay to ye ya to down side per break karta hay ya phir upside per. Ager Falling wedge kay bad price wedge ko slope side per broke kar lay to ye continuation wedge patyern hota hay jab keh ager price falling wedge main upper line ko broke karti hui nikal jaye to ye reversal pattern generate ho jata hay jo trader ko buy main trading ki offer karta hay.



Rising Wedges.
Rising wedges falling wedges kay opposite hoty hain aur ye down upside main banty hain. Yani jab volume to high ho raha ho laikin momentum very slow hota hua end ho jaye. Aisi surat main ager price lower side ko broke kary to ye rising reversal wedge jab keh upper line broke hony ko surat main rising continuation wedge kehlata hay jis main buy ki trade ki ja sakti hay.