Importance of ""Triple Bottom Chart Pattern"" in forex trading...

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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 han. Chart Patterns currency pairs aur commodities k price chart man price ki movement ko track kerna k liye use hona wala most important technical tool ha. Forex trading man trader kisi currency pair ya commodity ko buy/sell kerna k liye ""chart patterns"" per depend kerta ha.

Tripple Bottom Chart Pattern:

Tripple Bottom Chart Pattern ak bearish trend reversal chart pattern ha, jo forex market man long bearish trend k bottom per banta ha. Is pattern man sellers price ko nicha le ker jata han aur buyers market man short time k liye entry kerta han aur price ko oper le ata han lakin sellers dobara price ko same level per le jata han lakin sellers k weak hona sa buyers dobara price ko oper same level per le ata han lakin sellers pher price ko nicha sme level per le jata han aur is terha price three same level k bottom banati han lakin third time jab buyers price ko oper le ker ata han to price teeno bottom k same level sa start hona wala level ko break ker k price bhot tazi sa oper jati ha.

Trading with Triple Bottom Chart Pattern:

Tripple Bottom Chart Pattern per trading k liye trader ko chaheye k teeno bottom k same level k start ko ak trend line sa jorh de to is trend line ko ""Neckline"" ka name diya jata ha. Tripple Bottom Chart Pattern per trading k liye neckline bhot important ha q k is pattern k complete hona per price neckline ko break kerti ha. Jab third time buyers price oper neckline k pass ati ha aur ager candle neckline sa oper close de to is breakout ki confirmation ho jati ha. Lakin trader ko trade active kerna k liye price ka neckline ko retest kerna ka wait kerna chaheye. Jab price retest ki confirmation de to is per trader ko ""buy ki trade"" active kerna chaheye.

Stoploss and Take Profit:

Tripple Bottom Chart Pattern per trading k liye zarori ha k trader ""stoploss"" ko price k last bottom k nicha place kara aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.

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Re: Importance of ""Triple Bottom Chart Pattern"" in forex trading...

Tripple bottom bullish reversal pattern hai jo down trend par appear hota hai. Ye pattern ye show karta hai kay seller 3 bar try karny kay bad bi market ki support ko break karny ma nakam ho jaty hain or finally market down trend ko tark kar kay uptrend yani bullish ma move kar jati hai. Es article ma ham triple bottom pattern kay structure ko discuss karyn gy. Es formation kay bad market kiya information deti hai or es pattern sy profit hasil karny kay laye trader ko kon sy steps use karny chahe.



What the pattern tells us.

Jis tarha name sy zahir hai triple bottom pattern market ma three times support ko touch karta hai but esko cross ni kar pata. Ye pattern clear down trend ma appear hota hai or seller ki strength ko depict karta hai. Agr es pattern ko explain kiya jaye to seller market ko support level par push kar dety hain or waha sy buyer active ho jaty hain or wo market ko pullup kar lety hain but ik stage asi ati hai jaha par seller phr sy active ho jaty hain or pehle option ko market mazeed 2 time use karti hai. But agr general bat ki jaye to market never than less same level par ponch jati hai. Es pattern ma scalper bhot advantage hasil kar sakty hain kiu kay small trade sy profit hasil karny kay unko 3 different chance melty hain or wo enko avail kar kay profit hasil kar sakty hain.



Significance and limitation.

Triple chart pattern bhot rare pattern hai but ye extremly efficient pattern hai jo market reversal ko indicate karta hai. Ye rare pattern hai kiu kay market 3 bar successive low form karti hai. Double bottom pattern zayada frequently occur karta hai kiu kay es ma ik low less hota hai. Kiu kay ye pattern rare hai es laye ye bhot efficient pattern hai. Seller 3 bar down move karny kay bad thak jaty hain es laye wo market ki support ko break ni kar paty or jb buyer market ki support ko defend kar lety hain to wo bhot zayada confident feel karty hain. Es pattern ki main weakness ye hai kay ye bhot kam occur karta hai so ye pattern market reversal ko show karta hai.

Spotting triple bottom pattern.

Kiu kay ye pattern bhot rare hota hai es laye esko spot karna bhot easy hota hai. Pehle thing jo trader dakhty hain wo ye kay market ma down trend hona chahe. Ik bat note karny ki ye hai kay es pattern ma triple bottom kay bech ma zayada bara gap ni ana chahe.