Define The "Neckline" and It's Benifits in forex trading ......

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    Define The "Neckline" and It's Benifits in forex trading ......
    Definition of Neckline.

    dear friend’s forex mai sb sy phle ap sy neckline k bare ma apni ray share krnga. Neckline basically head and shoulder pattern ma aik support or resistance level hota hai is level k breakout hony py hum apni trade ly sakty hain. Or kafi sara profit b earnnkr sakty hain.

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    How To Spot Neckline.

    dear friends jb hum chart ma neckline ko dekhty hain. To hum forex trading market ma head and shoulder pattern or invented head and shoulder pattern ko study kr k is k shoulder or head ki proper recognition kr lety hain. To us time hamen shoulder sy down ki traf aik strong sport ban rahi hoti hai. Is level ko hum Neckline kehty hain. Ye neckline bht he important hoti hai jo hmhri trading k lye perfect able trading kr sakty hain.

    Characteristics of Neckline.

    1) Neckline pattern connect hota ha high ka head and shoulders pattern or low ka head and shoulder pattern ka.

    2) Neckline ak straight line ma banta ha jo ka right side par move hota ha or ya pattern market ko break out karta ha is ma market sell ke traf or buy ke traf market ko break karta hai.

    1) is pattern ma ak high or ak low slop bante ha jis par traders trade lagata hai.

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    Description of Neckline.

    ye neckline pattern head and shoulders chart pattern sa connect hota ha ya pattern do tarha ka reaction data ha jes main market low pattern banta ha or high pattern banata ha. Or ya high or low huma support or resistance ka level par dakhna ko milta ha. Head and shoulders pattern ko use kar ka chart ko samajta ha jes ke waja sa market bullish ya bearish hote ha jis par traders trade enter karta ha or acha profit hasil karta ha. Ye bullish aur bearish tab banta ha jab market reverse hoti hai.

    How to trade.

    Head and shoulders pattern banta ha GBP/USD, jes ka currency rate exchange rate equal hota ha British pound ma or u.s dollar ma. Head and shoulders patter jab banta ha to os ma ak high bante ha jo second high ka low par hote ha or is ma jo second high bante ha wo first high ka uper hote ha or third ma ak low banate ha ya neckline pattern low ma banta ha jo ka right side par banta ha.

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