Ascending Scallop Chart pattern

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    Ascending Scallop Chart pattern
    Dear forex members umeed krti hu k ap sb kheriyat sy hu gy or forex sy daily k basis pr achi earning kr rahy hu gy. Dear forex members forex aik risky business ha jis ma hamen profit b hota ha or loss b. Loss tb hota ha jb hum jald bazi na trading krty hain or without experience tradi g krty hain.Trading k lye important ha k hum knowledge or experience hasil krn ir profitable trading kr saken. Aj ma ap sy ascending scallop chart pattern k bary ma discuss krn ga..

    What is Ascending scallop chart pattern:
    Dear forex members scallop "J" design k pattern hain. Jo k qeemton k oper charty ya nechy (ascending and descending) aty hwy market ma bantay hain. Bullish scallop ma pattern aik "J" ka half banati hai. Jis ka nechy wala part round or end wala part strate hota ha. Jb k bearish scallop Pattern ma "J" design ulta ban jata hai. Or ye pattern ka volume Top peak py or bottom peak pr same "U" shape jesa hota hai. Bullish or bearish scallop ki shaklon ma high scallop ka size or low scallop ka size un k increase hony k sath khatm ho jata hai.Scallop pattern trading k lye kafi easy pattern hai.Dosry pattern for example flag chart ,wedge pattern,tasalsul k pattern wegra in sb k mukably ma ye zayda successful hota hai.
    Click image for larger version

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    Trading with Ascending Scallop :
    Dear forex members bullish scallop k pattern ka jb nechy wala part ban jata hai or qeemtain bullish ma jana shuru ho jati hain. To tb yw pattern nazar ana shuru ho jata hai. Jb k bearish scallop zayda tar Short hoty hain.Jb is ki qeemtain girna shuru ho jati hain to low side sy trade krni hoti hai. Bullish scallop pattern ma jb aij "J"ki formation complete ho jati hai to us k bad aik or "J" lazmi bnta hai. Bullish scallop Pattern k nakami k. chances bearish scallop pattern ki nisbat zayda hoty hain..
    Click image for larger version

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    Take profit & Stop loss:
    Dear forex members bullish scallop pattern ma take profit ki position "J" shape k sb sy top par hoti hai. Bullish scallop pattern ma "J" ki hight shamik ki jati hai. Jb k bearish scallop pattern ma "J" ki hight ko entry point k munafi kiya jata hai.
    Dear forex members bearish scallop ma trading "J" k low k nechy point sy start ki jati hai.Agrqeemtain "J" k riht side k top sy above chli jati hain to is pattern ko failure samja jata hai. Bullish scallop pattern ma stop loss ko "J" k nechy put kiya jata hai

    Conclusion:
    ​Hamesha trading ke liye acche strategy use Kiya Karen Taki aapko Kisi bhi nuksan se bacha ja sake aur aapko achcha prapt Hasil ho sake..
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  • #2 Collapse

    Re: Ascending Scallop Chart pattern

    Ascending Scallops Chart Pattern
    1.
    Ascending scallops pattern is observed during a bullish rally
    2. This pattern appears to be in the shape of J, slightly tilted to it’s right
    3. There is a price drop at the start of the pattern The drop is less and it reverses back, forming a wider bottom
    4. After reversal, the price continues to rise further and the whole pattern appears as tilted J
    5. There can be a breakout in either direction, i.e., there is a chance of trend reversal and trend continual
    6. A breakout above the highest high is considered as an upward breakout whereas a breakout below the pattern’s low is treated as a downward breakou
    7. A breakout is necessary to confirm the pattern
    Click image for larger version

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    This is the 1 day chart of Reliance Industries (NSE) around Feb, 2019.The price rose approximately from Rs.1310 to Rs.1400
    8. Compute the height difference between the highest high and the low of the pattern
    9. Add the value to the highest peak to get the upward breakout price target Similarly, subtract the value from the lowest valley to get the downward breakout price target
    10. Price often forms another scallop when it peaks towards the right, forming a handle shape Traders can initiate their long positions at the low of the new scallop Their stop loss would be little below the bottom of the new scallop
    11. If no such handle shape is formed, the stop can be placed below the bottom of the pattern and it can be raised as the price rises
    12. If there is a downward breakout, traders can initiate their short position and their target would be the same as the above calculated downward breakout price target
    13. As the trend end approaches, the scallops become shorter and narrower
    14. Ascending scallops perform the best when they are formed in the middle of the yearly price range
    Last edited by ; 10-02-2022, 01:33 PM.
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    • #3 Collapse

      Re: Ascending Scallop Chart pattern

      Introduction,,
      dear sir
      jab say hi ik trah say hi Dear forex individuals umeed krti hu k ap sb kheriyat sy hu gy or forex sy every day k premise pr achi acquiring kr rahy hu gy. Dear forex individuals forex aik dangerous business ha jis mama hamen benefit b hota ha or misfortune b. Misfortune tb hota ha jb murmur jald bazi na exchanging krty hain...
      or without experience tradi g krty hain.Trading k lye significant ha k murmur information or experience hasil krn ir beneficial exchanging kr saken. Aj mama ap sy rising scallop outline design k bary mama talk about krn ga..

      Ascending Scallop Chart,,
      sir
      jab bhe ik trah say hi ik trah say hi trading say hik ik kar ka trading saken gy tu a jab say hi iyahan say hi ik trah say hi trands say hi fauda gain krem,
      Dear forex individuals scallop "J" plan k example hain. Jo k qeemton k oper charty ya nechy (rising and plunging) aty hwy market mama bantay hain. Bullish scallop mama design aik "J" ka half banati hai...
      Jis ka nechy wala part round or end wala part strate hota ha. Jb k negative scallop Pattern mama "J" plan ulta boycott jata hai. Or on the other hand ye design ka volume Top pinnacle py or base pinnacle pr same "U" shape jesa hota hai. Bullish or negative scallop ki shaklon mama high scallop ho jay ga tab hi try say hi trading len gy...

      Ascending Scallop and patteren information,,
      sir
      ham ny ua say hi trading say hi ik trah say hi ka size or low scallop ka size un k increment hony k sath khatm ho jata hai.Scallop design exchanging k lye kafi simple example hai.Dosry design for instance banner graph ,wedge pattern,tasalsul k example wegra in sb k mukably mama ye zayda effective hota hai...
      Dear forex individuals bullish scallop k example ka jb nechy wala part boycott jata hai or qeemtain bullish mama jana shuru ho jati hain. To tb yw design nazar ana shuru ho jata hai. Jb k negative scallop zayda loss ho jay ga...

      Ascending Scallop Chart pattern ki importence,
      sir,,
      jab say hi ik trah say hi tar Short hoty hain.Jb is ki qeemtain girna shuru ho jati hain to low side sy exchange krni hoti hai. Bullish scallop design mama jb aij "J"ki development complete ho jati hai to us k awful aik or "J" lazmi bnta hai. Bullish scallop Pattern k nakami k. chances negative scallop design ki nisbat zayda hoty hain..
      Dear forex individuals bullish scallop design mama take benefit ki position "J" shape k sb sy top standard hoti hai. Bullish scallop design mama "J" ki hight say hi trad jay gi...
      Ascending Scallop Chart and bearish level,,
      sir,,
      kaam say hi ik trah say hi shamik ki jati hai. Jb k negative scallop design mama "J" ki hight ko passage point k munafi kiya jata hai.
      Dear forex individuals negative scallop mama exchanging "J" k low k nechy point sy start ki jati hai.Agrqeemtain "J" k riht side k top sy above chli jati hain to is design ko disappointment samja jata hai. Bullish scallop design mama stop misfortune ko "J" k nechy put kiya jata hai tu trades zroor gain karein gy tu hi faida gain ho jay ga...
      Jb k negative scallop Pattern mother "J" plan ulta blacklist jata hai. Then again ye plan ka volume Top apex py or base zenith pr same "U" shape jesa hota hai. Bullish or negative scallop ki shaklon mother high scallop ka size or low scallop ka size un k augmentation hony k sath khatm ho jata hai.Scallop configuration trading k lye kafi straightforward model hai.Dosry plan for example pennant layout ,wedge pattern,tasalsul k model wegra in sb k mukably mom ye zayda productive hota hai.
      Dear forex people bullish scallop k model ka jb nechy wala part blacklist jata hai or qeemtain bullish mom jana shuru ho jati hain. To tb yw plan say hi trades ho kaay jay...
      Ascending Scallop Chart pattern say trading,,
      dear
      jab say hi ik trah say hi nazar ana shuru ho jata hai. Jb k negative scallop zayda tar Short hoty hain.Jb is ki qeemtain girna shuru ho jati hain to low side sy trade krni hoti hai. Bullish scallop plan mother jb aij "J"ki advancement complete ho jati hai to us k dreadful aik or "J" lazmi bnta hai. Bullish scallop Pattern k nakami k. chances negative scallop plan ki nisbat zayda hoty hain..
      Dear forex people bullish scallop plan mom take benefit ki position shape k sb sy top standard hoti hai. Bullish scallop plan mother "J" ki hight shamik ki jati hai. Jb k negative scallop plan mom "J" ki hight ko section point k munafi kiya jata hai.
      Dear forex people pessimistic scallop mom trading "J" k low k nechy point sy start ki jati hai.Agrqeemtain k riht side k top sy above chli jati hain to is plan ko disillusionment samja jata hai. Bullish scallop plan mom stop adversity ko "J" k nechy put kiya jata hai...

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