What is Neckline and it's Importance in Trading Market.
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    What is Neckline and it's Importance in Trading Market.
    Aslam o alaikum,

    Forex Trading Market mein agar aap apny technical analysis ko complete karna chahte hain, tu is main multiple factors ko study karna hota hai, jinko complete study Kar Kay apk analysis perfect ho sakhty Hain. Aaj main aapko Neckline sa related kuch important information share karna chahta hun.

    What is Neckline

    Neckline basically head and shoulder pattern main aik support ya resistance level hota hai, is level Kay break out ap trade la sakhty Hain.

    How to Recognize Neckline

    Dear members agr aap Neckline ko identify karna chahte hain, tu isko aap further 2 major parts main categories Kar sakhty Hain, or iski identification kar sakhty Hain. Iski explanation Kay liye following pattern ki details explain karna chata Hun.

    Neckline in Head and shoulders Pattern

    Jab aap Forex trading market mein head and shoulder pattern ko study kar Kay iskay shoulders aur head ki proper recognition Kar laty Hain, tu us time per aapko shoulder sa down side per aik strong support mil rahi hoti hai, is level ko aap neckline khety Hain. Yah Neckline bahut hi important hoti hai, Jo aapki perfect Trading Kay liye helpful information provide kar rahi hoti hai.

    Chart Explanation

    Main aap sa head and shoulder pattern ka chart share kar Raha Hun, Jis main aap Neckline ki easily recognition Kar sakhty Hain or apni decision-making ko profitable bana sakhty Hain.



    Neckline in Inverted Head and shoulders Pattern

    Dear members agar aap Forex trading market mein Inverted Head and shoulders Pattern ko study krty Hain, tu is main aapko both shoulders ki above side per aik resistance milti hai, jis ko aap neckline keh sakhty Hain. Basically ya bhi aik strong level hota hai, Jo aapko ya indicate krta hai, Kay is level ko market touch Kar Kay rebounce ho sakhti hai, ya phr is level Kay Breakout per aapko achi entry mil sakhti hai.

    Chart Analysis

    Jab aap inverted head and shoulder pattern ko chart main define krna chahte Hain, tu aap easily neckline ko identify kar sakhty Hain. Following mentioned chart main aap neckline ko acchi tarah explain Kar sakhty Hain.

    ......Forum is a great place for traders talk.......

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