How to trade with ""Double Bottom Chart Pattern"" in forex trading?

Assalamu Alaikum! Dear seniers and juniers, umeed ha k ap sab kheriat sa hon ga. Dear traders forex trading ak risky business ha, jis man traders ko bhot losses hota han, isliye forex trading ko acha sa seekh ker karen.

Double Top Chart Pattern:

Importance of Chart Pattern:

Forex trading man trader currency pairs aur commodities k price movements ko smajhna k liye 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. Chart 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 market man safe trade entry aur trade exit levels ko identify ker k deta ha. Isliye traders forex trading man kisi b currency pair ya commodity ko buy/sell kerna k liye ""chart patterns"" per depend kerta ha.

Identification:

Double Bottom Chart Pattern ak bullish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man long bearish trend k bad support level k qareeb banta ha. Is pattern ki completion per price man bhot tazi sa increase ata ha. Ye pattern tamam timeframes man work kerta ha.

Trading Style:

Intraday traders ko ye pattern small timeframes M-5, M-15, M-30 aur H-1 man watch kerna chaheye.

Positional/Long-term traders ko ye pattern bara timeframes H-4, D-1 aur W-1 man watch kerna chaheye.

Formation:

Double Bottom Chart Pattern man long bearish trend k bad first time buyers short entry leta han aur price ko oper ata han, lakin sellers dobara price ko same low level per le jana man kamyab ho jata han lakin weak hona ki waja sa buyers price ko again same level per le ata han. Lakin is dafa sellers bhot strong previous price high ko break kerta howa oper jati ha. Is terha price two sme levels ki low banana k bad oper jati ha.

Neckline:

Double Bottom Chart Pattern man both lows same levels sa start hota han, ager in start levels ko ak trendline k sath jora jae to is line ko ""Neckline"" kehta han. Neckline is pattern per trade kerna k liye bhot zarori ha, q k is pattern k complete hona per price neckline ko break kerti ha.



Trading with Double Bottom Chart Pattern:

Double Bottom Chart Pattern per safe trading k liye zarori ha k trader price ka neckline ko break kerna ka wait kara aur jab price neckline sa oper candle ka close de da to is sa breakout ki confirmation ho jati ha air ye pattern complete hona ki b confirmation ho jati ha. Breakout k bad trader ko price ka neckline ko re-test kerna ka wait kerna chaheye ta k safe trade mila. Jab price retest ki confirmation de da to new candle k open per trader ko ""buy ki trade"" active kerni chaheye.

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Stoploss and Take Profit:

Double Bottom Chart Pattern per trading k doran trader ko stoploss last bottom k nicha place kerna chaheye aur Take Profit ko neckline aur bottom k dermiyan distance k baraber oper place kerna chaheye.

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

aslam o alikum dear forex trader kya hal hai umeed krta ho ky ap sub khariat se ho gy aur fored fourm mein khoub mojeen kr rhy ho gy han to dear forex trader ab jo topic main ap logo se share krny ja rha ho wo hai how to trade with double tops and double bottoms to ab is ko discuss krty haen ky ye kesy work krta hai aur forex forum mein is ka kya role hai to chalye start krty haen
Trading double tops and double bottoms
dear forex trader ye no chart pattern hota hai is mein more common in trading than the double bottom or double top hoty haen ye in fact pattern appears hota hai jo is ko often that kr ky alone may serve per proof krta hai ye postive that price action ko wildly random krta hai aur ye many academics claim krta hai ye price charts simply express trader ko sentiment aur double tops aur double bottoms per represent krta hai aur ye retesting of temporary extremes krta hai aur ye prices ko were truly random control krta hai ye do they bhe krta hai aur is ko pause bhe krta hai ye frequently is ko just those points per control bhe krta ahi ye trader ko anser bhe krta hai is that many participants are makeing their stand at those krta hai her level per is ko demarcated bhe krta hai

is mein ye these levels ko undergo aur repel attacks kya jata ahi ye instill even more confience in the trader hoti hai ye defended the barrieer aur such are likely to generate stong profitable countermoves krta rehta hai

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

WHAT IS A DOUBLE BOTTOM PATTERN :





Double bottom ak chart pattern ha ya pattern market ka chart ma downtrend ma banata ha ya pattern huma market ka downtrend ke traf sa reversal ka batata ha is ma market bearish trend sa bullish trend ke traf reversal hote ha. Ya pattern jab bany ga to is pattern ka bannay sa phaly market ma strong downtrend chal raha ho ga is ka band market is ma lower ke traf jay ge or is pattern ma market lower ma do lower bottom banay ge jas ka is pattern ka name ha double bottom ha. Is pattern ma market resistance or support level ka middle ma move kara ge is ma market resistance level ko hit karna ka bad lower ma jay ge kr lower ka bad market support level par jay ge or support level par market js pattern ke dono peaks ko banay ge in peaks ka bad market reverse ho kar upward ke traf jay ge or resistance level ko break kar jay ge or market bearish sa bullish ke traf reversal ho jay ge. Is pattern ma jo breakout point ho ga yani jo market ka resistance level ho ga is ko neckline bhi kaha jata ha. Is pattern ma market lower ma do lowes ko banay ge or in lowes ka bad market strongly reversal ho jay ge or traders ko market ka strong upward ke traf reversal ho ge.





UNDERSTANDING DOUBLE BOTTOM PATTERN :





Ya pattern jab market ka chart ma banay ga to is ma jo resistance level ho ga yani is ma jo neckline ho ga is level sa lower ma market do lowes ko banay ga or market in lowes ko banany ka liya downward ma ay ge or down ma market ja kar jab first bottom ko banay ge to is ma market is bottom ko lower ma banany ka bad strongly reversal ho jay ge or reverse ho kar opening point par ay ge jes sa market downward ke traf jana start hoi the is ka bad market resistance level sa ak bar phir sa reversal ho ga or lower ma ja kar ak new bottom ko banay ge is bottom ka bad market dobra sa upward ke traf reversal ho ge ya second bottom or firat bottom market ma lower ma same level par ho ga or is second bottom ka bad market reverse ho kar break kar jay ge is neckline level ko or market high ke traf yani bullish ke traf jay ge. Is pattern ke formation tab complete ho ge jab is pattern ma market ke price second bottom ko market ka loer ma banay ka bad reversal ho kar resistance level par ay ge or is resistance level ko break kar jay ge. Ya double bottom pattern market ka chart ma double top pattern ka opposite ma banay ga ya double top market ka uptrend ma banay ga or ya market ko bullish sa bearish ke traf strongly reversal kar da ga.





TRADING WITH DOUBLE BOTTOM PATTERN :





Double bottom pattern ma trading karna sa phalay is pattern ka kuch rules ko follow karna zaroori ho ga. Jab ya pattern market ma banay ga to traders is ma sab sa phalay dakha ga ka market is time kis position par ha yani market up ma ha ya low ma market ka ya pattern huma market ka downtrend ma dakhna ko mila ga or is pattern ka bannay sa phalay market downtrend ke traf move kar rahe ho ge or ya downtrend ka bottom ma banay ga. Traders is ma market ka chart par do rounding bottom ko dakha ga yani is ma market do dafa lower ke traf jay ge or reverse ho kar upward ke traf ay ge or do bottom ko market ka lower ma banay ge or traders ia pattern ma jo do rounding bottom banay ga os ka size or dakha ga. Jab ya pattern market ka chart ma banay ga to ya pattern market ma "W" ke trha sa shape banay ga is ma market ka bottom ma do lowers banay ga ya bee ka pressure ke waja sa banay ga or jab market reverse ho ge in bottom ko bananay ka bad to is time market ma strong bull ka pressure ho ga or is pressure ke waja sa market high ke traf jay ge or resistance level ko break kar jay ge. Is ma traders is pattern ma bull ka pressure ka bad jo resistance level ka breakout ho ga os ko dakha ga agar is breakout point sa traders is ma buy ke trade ko enter kara ga or is trade ka jo stop loss ho ga os ko os pattern ke lower ma jo bottom banay ga os ka neara place kara ga.

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

Double Bottom Candlestick Pattern ka tauraf
Double Bottom Candlestick Pattern ko samajny ky liye ap ko iss bat par focus karna ho ga ky market mn 1 time par 2 same lowest points hoty hain. Jin ko market touch kar ky wapis aapis aati hai. Market ki iss position ko Double Bottom Candlestick Pattern kehty hain. Double Bottom Chart Pattern ak trend reversal pattern ha Ye pattern long bearish trend k bottom per support level per banta ha Ye pattern batata ha k sellers price ko nicha la ker jata han lakin power kam hona ki waja sa price ko hold nahe ker pata Sellers is pattern man two time price ko same level tak nicha le ker jata han lakin second bottom k bad jab price hoti ha to pher ak long bullish trend k start hona ki 50% confirmation ho jati ha Final confirmation k liye trader dono bottom k starting point ko ak trend line sa jorta ha. Is trend line ko " Neckline"" kehta han, jab price is neckline ko break kerti ha to trader ko long bullish trend ki 100 % confirmation ho jati ha

How to Trade in Double Bottom Pattern?
Forex trading mn agar ap Double Bottom pattern ko learn kar lety hain or iss ki proper information hasil kar hain to is ski conformation par ap ko hamesha buy ki entry lena hoti hai. Q ky Technical Analysis ky mutabiq Double Bottom Pattern mn market hamesha bullish jati hai. Q ky yeh strong support level hota hai. Or iss level ko respect karna market ki responsibility hoti hai.

Double Bottom Pattern ki Pehchan
Double bottom pettern ko smjhny k bad trading krna chahty hain or double bottom pettern sy faida uthana chahty hain tw hmain pahly wali diagram ko smjhna ho ga jis ma ek neck point dikhay gya ha jaisa k ap ko bra dn k is ma market ek lmby downtrend k bad ye pettern bna to ha tw is k mtlb ye hota ha k ye ek strong buying signel hota ha lakin sawal ye ha k hmain kia point py buy lgani chaheay tw hmain chaheay k jb market pahly bottom k bad neck point py jati ha or phr wapis a k doosra bottom bnati ha us k bad agr market dobara neck point py jati ha tw user hmara pettern complete hota ha or user us neck point sy hmain buying trade lgani chaheay jb tk pettern bn na jay or hum us pettern ko identify na kr lain hmain trade nhn lgani chaheay strong signel ka w8 krna chaheay