How to trade with ""Ascending Triangle Chart Pattern"" in forex trading?

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    How to trade with ""Ascending Triangle Chart Pattern"" in forex trading?
    Assalamu Alaikum! Dear seniers and juniers, umeed ha k ap sab kheriat sa hon ga aur forex market sa daily basis per ak acha gain le raha hon ga.

    Importance of Chart Patterns:

    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 ha. 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 b currency pair ya commodity ko buy/sell kerna k liye chart patterns per depend kerta ha.

    Ascending Triangle Chart Pattern:

    Ascending Triangle Chart Pattern ak consolidation pattern ha, jis man price ki movement continuously decrease kerti ha. Ye pattern currency pairs aur commodities k price chart man long bullish trend k bad banta ha. Is pattern man price same level k high banati ha.

    How to Draw Ascending Triangle Chart Pattern?

    Ascending Triangle Chart Pattern ko draw kerna k liye trader price k swing high aur swing low ko trend lines k sath jorta ha. Is pattern man swing high ko jorhna wali trend line flate hoti ha isko is pattern ki resistance level consider kia jata ha. Aur lower trend line positive slope hoti ha jo aga ja ker upper trend line ko cross kerti ha. Lower trend support level k tor per work kerti ha. Is pattern k complete hona per price resistance level ko break kerti ha.
    Click image for larger version

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    Trading with Ascending Triangle Chart Pattern:

    Ascending Triangle Chart Pattern per trading k liye zarori ha k price resistance level ko break kerti ha. Jab price resistance level per jae aur price candle ka close resistance level k oper de to is sa breakout ki confirmation ho jati ha. Lakin trader trade k liye price ka resistance level ko re-test kerna ka wait kara aur jab price retest ki confirmation de to is per trader ko ""buy ki trade"" ki trade active kerni chaheye.

    Stoploss and Take Profit:

    Ascending Triangle Chart Pattern per trading k liye zarori ha k trader stoploss ko price k last swing low k nicha place kerna chaheye aur Take Profit ko is pattern k first swing k distance k baraber oper place karen.
    ..Click image for larger version

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