ascending triangle chart pattern

INTRODUCTION

• Yeh aik aisa chart pattern hai jo keh market mein technical analysis ka liay use kia jata hai.
• Yeh price moves sa create hota hai, jo keh swing highs ka sath horizontal line bnati hai, aur aik rising trending line swing lows ka sath.
• Yeh 2 lines aik triangle form karti hain .
• Traders breakout ka liay triangle pattern sa aksar dekhtay hain. Breakout upside ya downside occur ho sakta hai. Ascending triangle ko aksar continuation pattern kehtay hain kyun keh price typically breakout hogi usi same direction mein jis mein trend triangle formation sa pehla tha.

Advantage:

• Tradable
• Clear entry point
• Profit target
• Stoploss level

Explanation:

• Forex market mein trading ka doran trader currency pairs , aur commodities ki price movements ko smajhnay ka liay price chart ko read karta hai, kyun keh price chart patterns main changes, momentum aur price ka trend main change ko accuracy ka sath identify karta hai.
• Chart Patterns currency pairs aur commodities ka price chart main price ki movements ko track kernay ka liye use honay wala most important technical tool hota hai.
• Trader forex trading main kisi bhi currency pair ya Pher commodity ko buy sell kernay ka liye chart patterns per depend kertay hain.
• Aj main apka sath aik most important chart pattern per trading ka related apna knowledge share karti hon.
• Ascending Triangle Chart Pattern aik consolidation pattern hai,
• jo Keh currency pairs aur commodities ka price chart main long bullish trend ka top per banta hai.
• Is pattern ko draw kernay ka liye trader price ka swing high aur swing low ko trend lines say connect karta hai to dono trend lines aik dosra ko aik point per cross kerti hain.
• Is pattern main upper trend line flat hoti hai aur lower trendline positive slope hoti hai. Is pattern main 10 to 50 candles banti han. Is pattern main price ki movement main continuous decrease ana zarori Hota hai.
• Is pattern ki completion per price upper flat trend line ko break kerti hai.

Ascending Triangle Chart Pattern ki trading:

• Ascending Triangle Chart Pattern per trading kerna ka liye trader ko is pattern ka complete hona ka wait kerna chahye,
• jab yeh pattern complete ho jay aur price upper flat trend line k oper candle ka close de to is sa breakout ki confirmation ho jati hai,
• lakin breakout per trade active kerna risky hai is liye trader ko price ka trend line ko retest kerna ka wait kerna chahye aur jab price trend line ko retest kartay to is per trader ko ""Buy ki Trade"" active kerni chahye.

Stoploss aut Take Profit:
Forex trading main koi bhi trader 100% accurate nahin ho sakta is Liye trader ko trade ka doran market price ki reverse movement ko mind main rakhta howay Stoploss aur Take Profit ka use kerna chahye. Ascending Triangle Chart Pattern per trading ka doran trader ko Stoploss ko previous swing low ka nicha place karen aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.