how to trade with ""pennant chart pattern"" in forex trading?

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, is man traders ko bhot losses hota han. Isliye forex trading ko acha sa seekh ker kerna chaheye.

Forex trading man trader kisi b currency pair ya commodity ko buy/sell kerna k liye technical analysis kerta ha. Technical Analysis man trader market price ki movement ko smajhna k price chart ko read kerta ha. Q k price chart 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 ha.

Pennant Chart Pattern:

Pennant Chart Pattern ak consolidation pattern ha, jis man price ki movement man continuosly decrease ata ha. Is pattern man 10 to 30 candles banti han.

Ye pattern ak trend continuation pattern ha, jo currency pairs aur commodities k price chart man long bullish/bearish trend k mid man banta ha.

How to draw Pennant Chart Pattern?

Pennant Chart Pattern ko draw kerna k liye trader ko chaheye k price k swing highs aur swing lows ko two trend lines k sath jora to dono trend lines k dermiyan distance man kami ani chaheye. Dono trend lines at-least two swing highs aur two swing lows ko jorh ker banni honi chaheye. Is pattern man upper trend line ko resistance level aur lower trend line ko support level consider kia jata ha. Is pattern k complete hona per price support/resistance level ko break kerti ha.

Types of Pennant Chart Pattern:

i. Bullish Pennant Chart Pattern.

ii. Bearish Pennant Chart Pattern.

Bullish Pennant Chart Pattern:

Bullish Pennant Chart Pattern ak bullish continuation pattern ha, 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 Pennant Chart Pattern:

Bullish Pennant Chart Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara aur jab ye pattern complete ho jae to new candle k open per trader ko ""buy ki trade"" active kerni chaheye.

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Stoploss and Take Profit:

Bullish Pennant Chart Pattern per trading k doran trader ko stoploss price k last swing low k nicha place kerna chaheye aur Take Profit ko is pattern k first swing k baraber oper place kerna chaheye.

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Re: How to trade with ""Pennant Chart Pattern"" in forex trading?

Pennant pattern aik forex trading chart mein aik to continue pattern hey jab security ko aik he semat mein agay barhanay say pehlay opar ke taraf ya
nechay ke taraf aik bare movement in analysis hota hey noma es kay bad short term mein market stable hote hey pattern aik chota triangular hota
hey jesay pennant kehtay hein jo keh kai frex candle stick says bana hota hey noma j keh movement depends on karta hey pennant ko aam tor par
bearish or bullish kay tor par shows kea jata hey. Pennant Chart Pattern ak consolidation pattern ha, jis man price ki movement man continuosly decrease ata ha. Is pattern man 10 to 30 candles banti han. Ye pattern ak trend continuation pattern ha, jo currency pairs aur commodities k price chart man long bullish/bearish trend k mid man banta ha.

Types of Pennant Chart Pattern:

i. Bullish Pennant Chart Pattern.
ii. Bearish Pennant Chart Pattern.

Bullish & Bearish pennant patterns:-
Jab Ham Forex trading main market ki mukhtalif qism ky chart patterns ky bary mein apni study ko mukaml kar rahe hoty hain to ismein ham dekhty hain kh hamare pass 1 pennnat pattern hota hai jaisy kh ham ismein dekh rahy Hoty Hain kh hamare pass ismein Ek flag pattern hota hai same like ka flag pattern 1 commonly used hone wala pattern market Mein hota hai jo ki market mein bahut jyada Kamal use Hote Hain Jisko Ham aasani se market Mein find kar sakte hain aur is per Ham apni trade Laga sakte hain der Ek flag pattern hote hain Jiske bad aap apni trade Lagate Hain aur Iske Breakout ke bad aap apni entry market Mein Lete Hain.bullish trend main bnta ha jb market kafi opr ja chuki ho to market thori retracement lyti ha or is trh ka pattern bnta ha.Is main market higher lows or lower highs bnati ha.Highs ko highs se milaen to aik trend line bnti ha or lows ko lows sy mila k dosri trend line bnti ha is trh market 2 trend lines k darmyan move karti ha.

Trading with Pattern
Dear members bullish and Bearish pennant ko trade krny k lia humain chaey kh pattern k complete hony or is k breakout ka wait karen jb breakout ho jy to uski confirmation ka wait karen jb confirmation ho jy to hm is main buy ki entry ly skty hn or hmara stoploss bullish pennant k oper trend line ya us sy nechy ho ga jb k profit pennant ki height k equal ho g