Wedge Chart Pattern

Assalam alaikum dear members subha bakhair!
umeed ha ap sb khairiat se hn gy or pak forex forum se knowledge gain kar rhy hn gy.
dear members aj ki post main hum wedge chart pattern ko study karen gy or dekhen gy k ye kaisy kam karta ha or esko use karty hovy kesy trading ki jy.


WHAT IS WEDGE CHART PATTERN?

Dear members wedge pattern wesy aik neutral pattern ha or eska breakout ksi bhi side py ho skta ha laikin agr ye pattern uptrend k end main ya downtrend k end main bany to ye reversal ka sign ho skta ha or es k brealout k bad market reverse ho sk.trend py depend karty hovy wedge ki 2 types hain jo k nechy bayan ki gai hain.
Rising Wedge
Falling Wedge

dear members in dono types ko nechy hum detail se dacs karen gy.

RISING WEDGE CHART PATTERN:

Dear members Rising wedge uptrend k end main ya darmayan main banta ha or es k breakout k bad aksr market reverse ho jati ha.
jb market uptrend main hoti ha to retracement lety hovy market aik resistince se tkra kr nechy ati ha or nechy support se tkra kr wapis opr chli jati ha estrha aik high or aik low bnati ha.
or es k bad market opr ja k previous high se opr aik high bnati ha or phr nechy aa kr previus low se opr aik low bnati ha.
estrha higher highs or higher lows bnty hain or agr highs ko highs se mlaya jay or lows ko lows se to opr r nechy rising trend lines bnti hain jo k ml k risinh wedge chart pattern bnati hain.



How to Trade it?

Dear members agr hum es pattern main trade lena chahen to hamen wait karna chahye k market ya to wedge ki opr ya nechy ki trendline ko touch kary.
agr market wedge ki opr li line ko touch kry to yahan se rejection k bad hum sell ki trade le skty hain js main hmara stop loss es line se opr ho ga jb k take profit nechy ki supporting trendline tk ho ga.
aisy hi hamen agr market nechy mlti ha to hum nechy se buy kar skty hain.

BREAKOUT OF RISING WEDGE PATTERN:

dear members akhir kar wedge pattern ka breakout hona hota ha.
breakout ka mtlb ha market js time frame main ye pattern bnati ha usi time frame main wedge se bhr nkl jy or es k bhr hi candle close kary
candle ka close hona breakout ki confirmation hota ha es lye candle ki close hony ka lazmi wait karen.



es k brealout py hum sell ki trade lyty hn or hmara stop loss es ki supporting trend line se opr hota ha jb k take profit wedge ki done lines k darmyan height k equal nechy ki trf hota ha.


Falling Wedge Chart Pattern:

Dear members ye pattern downtrend k end main bnta ha or es k breakout k bad market ka trend reberse ho jata ha or market bullish ho jati ha.
jb market bearish hoti ha to market retracement lyty hovy lower highs or lower lows bnati ha.
agr highs ko highs se mlaya jy or lows ko lows se to 2 falling trendlines banti hain jo k ml k aik failling wedge pattern banati hain.



HOW to Trade It?

Dear members es pattern main trade karny k lye hamen market ka wedge ki lines ko touch karny ka wait karna chahye jb market wedge ki opr ya nechy wali line ko touch kary to hum yahan se rejection k bad trade le skty hain.
opr ki line se sell or nechy ki line se buy ki trade ln gy or hmara stop loss wohi line ho ge jb k take profit next trendline tk ho ga.

Breakout of Falling wedge:

Dear members breakout tb hota ha jb market wedge se bhr nkl jy or eski cobfirmation ye hot ha k market es k bahar candle close kary.
falling wedge k breakout k bad market bullish hoti hanor hum buy ki trade lyty hain.

Re: Wedge Chart Pattern

Yes dear, wedge pattern wesy aik neutral pattern ha or eska breakout ksi bhi side py ho skta ha laikin agr ye pattern uptrend k end main ya downtrend k end main bany to ye reversal ka sign ho skta ha or es k breakout k bad market reverse hoti hay,

Identification criteria of wedge pattern:

wedge pattern ik he time ma continuation pattern or reversal pattern ko show karty hain so enko spot karna bhot mushkil hota hai. Wedge pattern continuation move down trend ma karta hai or reversal move uptrend ma karta hai. Dono move ko carry karny kay laye ye pehle consolidation state ma appear hoty hain. Es waja sy en pattern par trade karna bhot mushkil hota hai. But expert trader spot ko pick kar lety hain or es base par trade ko open or close kar kay profit hasil kar lety hain. But new trader kay laye es sy profit hasil karna almost impossible ho jata hai. So pehle achi practice sy wo esko easily identify kar sakty hain.

Types of wedge pattern:

Wedge ki 2 types hain jo k nechy bayan ki gai hain.

Rising Wedge pattern

Falling Wedge pattern


Detail of Rising Wedge Pattern:


Jab point ko breakout krti ha or bearish trend ma upwards movement start kr deti ha. Tu isko Rising Wedge Pattern kaha jata ha. ismein maximum advantages increase kar sakte hain Is pattern mein market consistently uptrend mein apni movement complete kar rahi hoti hai, aur iski consistently retracement karne ke sath sath channel movement ho rahi hoti hai.

Detail of Falling wedge Pattern:


Falling wedge pattern ko carefully study krne k liye aapko hamesha is mn market ki channel movement ko carefully focus krna hota hai ar is mn aapko hamesha bht ziada advantages hasil karny k liye consistently market ki channel movement ko carefully focus krna hota hai. Falling wedge candlestick pattern main market apni channel movement complete kr rhi hoti hai aur consistently market mn ik downtrend focus Krne Ko milta hai.