Assalamu Alaikum! Dear seniers and juniers, umeed ha k ap sab kheriat sa hon ga aur forex sa daily basis per ak acha gain le raha hon ga. Dear friends forex trading ak risky business ha is man 90% traders loss kerta han.
Importance of ""Chart Patterns"" in forex trading:
Forex trading man trader currency pairs aur commodities ki price movement ko smjhna 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 kerna k lite use hona wala most common technical tool ha. Trader forex trading man kisi b currency pair ya commodity ko buy/sell kerna k liye chart patterns per depend kerta ha. Aj man apka sath most powerful chart pattern per apna knowledge share kerta hon.
Symmetrical Triangle Chart Pattern:
Symmetrical Chart Pattern ak consolidation pattern ha jis man price ki movement continously decrease kerti ha aur pattern k complete hona per price is pattern ko oper ya nicha ki direction man break kerti ha. Jab price is pattern ko kisi b direction man break kerti ha to price bhot he tazi k sath move kerti ha.
How to draw ""Symmetrical Triangle Chart Pattern""?
Symmetrical Triangle Chart Pattern ko draw kerna k liye trader price k swing high aur swing low ko trendlines k sath jorta ha. Dono trendlines ak dosra ko lazi cross ker rahe hon. Is pattern man upper trendline resistance level aur lower trend line support level k tor per work kerti han. Is pattern man 20 to 50 candles banti han aur pattern k valid hona k liye zarori ha k upper aur lower trendlines ko price at least two point per touch kerna lazmi ha aur jitna price trendline ko zayada points per touch kerti ha itna he wo trend line zayada strong support and resistance level k tor per work kerti ha.
Trading with Symmetrical Triangle Chart Pattern:
Symmetrical Triangle Chart Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara. Ye pattern trader ko two types ki trading opportunities deta ha.
Buy kerna ki Opportunity:
Jab price upper trend line (resistance level) per ati ha aur price candle ka close resistance level sa oper de da to is sa breakout ki confirmation ho jati ha. Lakin trade active kerna k liye trader ko price ka resistance level ko retest kerna bhot zarori ha. Jab price retest kerna ki confirmation de da to is per trader ko ""buy ki trade"" active kerni chaheye.
Stoploss and Take Profit:
Symmetrical Triangle Chart Pattern per trading k liye zarori ha k trader ko jab upper trendline k breakout per trading kara to ""stoploss"" is pattern man last wali ""swing low"" per place kara aur ""take profit"" ko is pattern ki first swing k baraber distance k oper place kara.
Sell kerna ki opportunity:
Jab price lower trend line (support level) per ati ha aur price candle ka close support level sa nicha de da to is sa breakout ki confirmation ho jati ha. Lakin trade active kerna k liye trader ko price ka support level ko retest kerna bhot zarori ha. Jab price retest kerna ki confirmation de da to is per trader ko ""sell ki trade"" active kerni chaheye.
Stoploss and Take Profit:
Symmetrical Triangle Chart Pattern per trading k liye zarori ha k trader ko jab lower trendline k breakout per trading kara to ""stoploss"" is pattern man last wali ""swing high"" per place kara aur ""take profit"" ko is pattern ki first swing k baraber distance k nicha place kara.
Importance of ""Chart Patterns"" in forex trading:
Forex trading man trader currency pairs aur commodities ki price movement ko smjhna 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 kerna k lite use hona wala most common technical tool ha. Trader forex trading man kisi b currency pair ya commodity ko buy/sell kerna k liye chart patterns per depend kerta ha. Aj man apka sath most powerful chart pattern per apna knowledge share kerta hon.
Symmetrical Triangle Chart Pattern:
Symmetrical Chart Pattern ak consolidation pattern ha jis man price ki movement continously decrease kerti ha aur pattern k complete hona per price is pattern ko oper ya nicha ki direction man break kerti ha. Jab price is pattern ko kisi b direction man break kerti ha to price bhot he tazi k sath move kerti ha.
How to draw ""Symmetrical Triangle Chart Pattern""?
Symmetrical Triangle Chart Pattern ko draw kerna k liye trader price k swing high aur swing low ko trendlines k sath jorta ha. Dono trendlines ak dosra ko lazi cross ker rahe hon. Is pattern man upper trendline resistance level aur lower trend line support level k tor per work kerti han. Is pattern man 20 to 50 candles banti han aur pattern k valid hona k liye zarori ha k upper aur lower trendlines ko price at least two point per touch kerna lazmi ha aur jitna price trendline ko zayada points per touch kerti ha itna he wo trend line zayada strong support and resistance level k tor per work kerti ha.
Trading with Symmetrical Triangle Chart Pattern:
Symmetrical Triangle Chart Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara. Ye pattern trader ko two types ki trading opportunities deta ha.
Buy kerna ki Opportunity:
Jab price upper trend line (resistance level) per ati ha aur price candle ka close resistance level sa oper de da to is sa breakout ki confirmation ho jati ha. Lakin trade active kerna k liye trader ko price ka resistance level ko retest kerna bhot zarori ha. Jab price retest kerna ki confirmation de da to is per trader ko ""buy ki trade"" active kerni chaheye.
Stoploss and Take Profit:
Symmetrical Triangle Chart Pattern per trading k liye zarori ha k trader ko jab upper trendline k breakout per trading kara to ""stoploss"" is pattern man last wali ""swing low"" per place kara aur ""take profit"" ko is pattern ki first swing k baraber distance k oper place kara.
Sell kerna ki opportunity:
Jab price lower trend line (support level) per ati ha aur price candle ka close support level sa nicha de da to is sa breakout ki confirmation ho jati ha. Lakin trade active kerna k liye trader ko price ka support level ko retest kerna bhot zarori ha. Jab price retest kerna ki confirmation de da to is per trader ko ""sell ki trade"" active kerni chaheye.
Stoploss and Take Profit:
Symmetrical Triangle Chart Pattern per trading k liye zarori ha k trader ko jab lower trendline k breakout per trading kara to ""stoploss"" is pattern man last wali ""swing high"" per place kara aur ""take profit"" ko is pattern ki first swing k baraber distance k nicha place kara.
