Bullish flag patterns;

Assalam alikum dear forex traders hope so you all are well.Chart patterns ki list main agy barhty hain or jesa k apko maloom ha hm pchli posts main dscs kr chuky hain k forex market chart py different patterns bnati ha or patterns ko smjhna lazmi ha agr ap un patterns ko smjh jaty hain to ap forex main acha profit le skty hain.
esi trha un patterns main se 1 pattern ha Bullish Flag pattern esy aj huk discuss karen gy or smjhny ki koshish karen gy.

What is bullish flag patterns??

Es pattern main hamen 1 pole or us k sth flag dekhny ko milta ha ye Bullish momentum main bnta ha.
or ye 1 bullish continuation pattern ha jo k es bat ko zahir karta ha k ab market continue kry ge apny bullish trend ko.
Pole. Market jb bullish move karti ha to seedha vertically jati ha estrha 1 pole ki shape banti ha.
Flag. Vertically opr jany k bad 1 pount py market consolidate hoti ha or wahan wedge ya phr downward sloping flag type shape bnati ha jisy bullish flag kaha jata ha.
lazmi ni k bullish flag ki shape flag ki hi ho ye rectangular shape ya phr wedge shape main ho skta ha.
or ye aksr okat downard sloping hi hota ha.






bullish flag es bat ka suboot hota ha k trend abi reverse ni hoa or market bullish move continue kry ge.

How it is formed??

Market jb vertically bullish move karti ha to kafi oper jati ha jis se pole bnta ha.
es lambi bullish move main top py kch buyer exit hona shro ho jaty hain jisy profit booking kaha jata ha or phr uski wja se market thora nechy ati ha phr opr nechy zig zag kr k ye flag bnati ha.

How to trade bullish flag patterns??

Phly to apko dekhna chahye k market ki retracement 50% ha agr market 50% retracement se nechy jati ha to ye bullish flag pattern ni ho ga.
mostly bull flag pattern main 38% retracement hoti ha.
bull flag main trade leny k 2 methods ho skty hain.


1. Ya to ap flag k bottom se entry len or flag ki nechy wali support line k bhi nechy apna stop loss rkhn or ap ka target flag k pole k equal hona chahye.


2. Ya phr ap confirmation ka wait karen or flag k break out py trade len.breakout ki confirmation km se km hourly candle ka flag se bhr close hona ha.
es trha ap break out py entry len gy or apka stop loss flag ki upper trend line k thora sa nechy ho ga.or apka target pole k equal ho ga.





Money management!

Forex main jb bhi trade karen money management k hisab se karen ni to ap ka account blow ho skta ha. money management ka mtlb ha k apny account balnce k hisab se trade karen taa k apka account SL hit hony py bhi brdsht kr ly.
GOOD LUCK!

جواب: Bullish flag patterns;

Figure Flag (Flag pattern): bullish flag and bearish flag in the forex market
Bullish flag and bearish flag are one of the main trend continuation patterns in technical analysis. Usually on the chart, it resembles a parallelogram tilted against the previous trend. By the nature of the construction, it most of all resembles the “Pennant” figure, as it is formed after a rapid previous trend and has a flagpole. But unlike the “Pennant” figure, the “Flag” figure has parallel support and resistance lines and they resemble a trend channel located at an angle (only a short one).Most often, “Flag” occurs in the middle of a trend movement, so usually after the pattern is broken, the price travels a distance equal to the price movement before the formation of the pattern. This pattern is formed both on an uptrend (bullish) and on a downtrend (bearish).Figure Flag (Flag pattern) - trading techniquesLet's give an example of trading using the “Flag” pattern on a Bullish trend. See the picture above.To begin with, we find the “Flag” figure on the chart and draw parallel lines of support and resistance. Since our trend is Bullish, it is likely that the price will break upwards. And as soon as this happened at the “I” point, we open a buy position somewhere after the candle closes above the resistance line, or at the “K” point. Point “K” is defined as follows: a horizontal line is drawn from the last maximum on the figure “Flag” at point “Ж”. And as soon as the price touches the horizontal line somewhere at the “K” point, you need to open a buy position.Next, we need to define our Goals. Moreover, the choice of target depends on your trading strategy and the situation on the market. Here you have two choices:- you can work with the height of the main part of the flagpole (BS distance).We define it as follows: we draw a line of resistance before the formation of the flagpole. And in the place where the resistance line will be broken by the flagpole, we find point “B”. Next, we find the point of intersection of the flagpole with the support line of the “Flag” figure at point “G” and draw a horizontal line through it. The distance from point “B” to the horizontal line through point “G” will be equal to the distance “BS” - this will be the height of the main part of the flagpole.Second WAY. Trade at the distance of the height (width) of the “Flag”.Let's give an example of trading using the “Flag” pattern on a Bearish trend. See the picture below:where:AB is the width of the figure (preferably the maximum, if somewhere the figure is slightly narrowed)SD is a perpendicular line down from the breakout pointAB=SDWhen a “Flag” appears on a bearish trend, draw its support line and resistance line. Most likely, the price will break through the support line somewhere at point “C”. And as soon as the Japanese candlestick closes below the support line of the figure (below point “C”), we open a sell position, or we open a sell position at point “L”. We find the point “L” as follows: from the last minimum of the figure at the point “K”, we draw a horizontal line. And as soon as the price hits this line somewhere at point “L”, you need to open a sell position. After opening a sell position, we need to define our Target line. For this:At the “Flag” we find the maximum width (distance “AB”), then from the breakdown point “C” we draw down a perpendicular line “SD”, equal to the distance of the maximum width of the “AB” figure. Then, through the point "D" draw a horizontal "Line Goal". And as soon as the price crosses the Target line somewhere at point “E”, we close our sell position and take profit.Characteristic features of the formation of the “Flag”:1. The appearance of the figure is preceded by a sharp price movement in the form of an almost straight line, accompanied by a significant volume of trading.2. In the process of forming the figure, the volume indicators gradually decrease.3. The price movement trend resumes with a sharp increase in trading activity.4. Very often, the “Flag” is formed near the middle of the price movement.5. The "flag" is very similar to a small parallelogram, tilted in the direction opposite to the main trend.6. Flags form faster in a bear market.