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. Dear traders forex trading ak risky business ha, jis man traders ko bhot losses hota han, isliye liye baghair seekha forex man successful hona possible nahe ha.
Identification of Candlestick Patterns in forex trading:
Forex trading man trader kisi b currency pair ya commodity ko buy/sell kerna k liye technical analysis kerta ha. Technical Analysis k doran trader currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read kerta ha, q price chart he patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlestick Patterns currency pairs aur commodities k price chart man market price ki movement ko track kerna k liye use hona wala most important technical tool han, jo trader ko safe trade entry aur trade exit levels ko identify ker k deta ha.
Pole and Flage Chart Pattern:
Pole and Flage Chart Pattern ak strong trend continuation pattern ha, jo currency pairs aur commodities k price chart man long bullish/bearish trend k bad support/resistance levels per banta ha. Ye ak consolidation pattern ha, jis man straight move kerna k bad ak choti si price range man move kerti ha aur pattern k complete hona per range ko break ker k straight move kerti ha. Is pattern man price ki straight movement ko ''"Pole"" aur price k small range man move ko ""Flage"" kaha jata ha.
How to draw Pole and Flage Chart Pattern?
Pole and Flage Chart Pattern man Flage ko draw kerna k liye trader price k swing high aur swing low ko two trend lines sa jorta ha, jis man her trendline at-least two swing high ya swing low ko jorh ker draw ki gai honi chaheye. Dono trend lines k dermiyan distance same hona chaheye. Upper trend line ko ""resistance level"" aur lower trend line ko ""support level"" consider kia jata ha.
Types of Pole and Flage Chart Pattern:
i. Bullish Pole and Flage Chart Pattern.
ii. Bearish Pole and Flage Chart Pattern.
Bullish Pole and Flage Chart Pattern:
Bullish Pole and Flage Chart Pattern ak strong bullish trend continuation pattern ha, jo currency pairs aur commodities k price chart man long bullish trend k mid man banta ha. Is pattern k complete hona per price resistance level ko break kerti ha.
Trading with Bullish Pole and Flage Chart Pattern:
Bullish Pole and Flage Chart Pattern per trading k liye zarori ha k trader price ka resistance level k breakout ka wait kara aur jab price resistance level sa oper candle ka close de da to is sa breakout ki confirmation ho jati ha, jis per trader ko ""buy ki trade"" active kerni chaheye.
Trade active kerna k doran trader ko ""Lotsize"" ki selection k liye ""money and risk management"" ko follow kerni chaheye.
Stoploss and Take Profit:
Pole and Flage Chart Pattern ak most accurate chart pattern ha, lakin forex market man koi b pattern 100% accurate nahe ho sakti, jiski waja sa trader ko trade k doran market price ki reverse movement ki sorat mam losses ko minimize kerna k liye ""stoploss and take profit"" ka use kara.
Bullish Pole and Flage Chart Pattern per trading k doran trader ko stoploss support level k nicha place kerna chaheye aur Take Profit ko ""Pole"" k baraber breakout sa oper place kerna chaheye.
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Identification of Candlestick Patterns in forex trading:
Forex trading man trader kisi b currency pair ya commodity ko buy/sell kerna k liye technical analysis kerta ha. Technical Analysis k doran trader currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read kerta ha, q price chart he patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlestick Patterns currency pairs aur commodities k price chart man market price ki movement ko track kerna k liye use hona wala most important technical tool han, jo trader ko safe trade entry aur trade exit levels ko identify ker k deta ha.
Pole and Flage Chart Pattern:
Pole and Flage Chart Pattern ak strong trend continuation pattern ha, jo currency pairs aur commodities k price chart man long bullish/bearish trend k bad support/resistance levels per banta ha. Ye ak consolidation pattern ha, jis man straight move kerna k bad ak choti si price range man move kerti ha aur pattern k complete hona per range ko break ker k straight move kerti ha. Is pattern man price ki straight movement ko ''"Pole"" aur price k small range man move ko ""Flage"" kaha jata ha.
How to draw Pole and Flage Chart Pattern?
Pole and Flage Chart Pattern man Flage ko draw kerna k liye trader price k swing high aur swing low ko two trend lines sa jorta ha, jis man her trendline at-least two swing high ya swing low ko jorh ker draw ki gai honi chaheye. Dono trend lines k dermiyan distance same hona chaheye. Upper trend line ko ""resistance level"" aur lower trend line ko ""support level"" consider kia jata ha.
Types of Pole and Flage Chart Pattern:
i. Bullish Pole and Flage Chart Pattern.
ii. Bearish Pole and Flage Chart Pattern.
Bullish Pole and Flage Chart Pattern:
Bullish Pole and Flage Chart Pattern ak strong bullish trend continuation pattern ha, jo currency pairs aur commodities k price chart man long bullish trend k mid man banta ha. Is pattern k complete hona per price resistance level ko break kerti ha.
Trading with Bullish Pole and Flage Chart Pattern:
Bullish Pole and Flage Chart Pattern per trading k liye zarori ha k trader price ka resistance level k breakout ka wait kara aur jab price resistance level sa oper candle ka close de da to is sa breakout ki confirmation ho jati ha, jis per trader ko ""buy ki trade"" active kerni chaheye.
Trade active kerna k doran trader ko ""Lotsize"" ki selection k liye ""money and risk management"" ko follow kerni chaheye.
Stoploss and Take Profit:
Pole and Flage Chart Pattern ak most accurate chart pattern ha, lakin forex market man koi b pattern 100% accurate nahe ho sakti, jiski waja sa trader ko trade k doran market price ki reverse movement ki sorat mam losses ko minimize kerna k liye ""stoploss and take profit"" ka use kara.
Bullish Pole and Flage Chart Pattern per trading k doran trader ko stoploss support level k nicha place kerna chaheye aur Take Profit ko ""Pole"" k baraber breakout sa oper place kerna chaheye.
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