Ascending Scallop Chart Pattern in Forex Trading Market Technical Analysis Guide
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    Ascending Scallop Chart Pattern in Forex Trading Market Technical Analysis Guide
    Introduction of Ascending Scallop Chart Pattern

    Assalamu Alaikum dear forum members umeed hai k ap sb thek hn gyen or foreforex market ko achy sy enjoy kr rhay hn gyen aj main ap k sath apna knowledge and experience share krny ja rhe hn forex tradi g krny sy phely study krna bht zaruri hota hai tak humy km krny main asani ho or ziyada acha profit increase kr skyn agr ap forex trading main kamyabhi chahty hain to humy trading main successful hona zaruri hai.

    Ascending Scallop Chart Pattern in Forex Trading Market

    Ascending scallop chart pattern us waqt formation main ata hai jb market downtrend main movement krty huy kisi point sy reverse move krna shuro kr dy or previous resistance ko cross krny k bd continuously uptrend main move krna shuro kr dy to istemal jo pattern creat hota hai us ko ascending scallop pattern kehty hai.

    Trading Strategy uses Ascending Scallop Chart Pattern

    Jb ascending scallop pattern creat hota hai to aiais main best entry point esa point hota hai jb matket first resistance ko break krti hai to wahn sy hum buy ki trade open kr k next resistance tk take profit set kr skty hain jb k esi support jahn sy market reverse ho chuki hoti hai wahn pr stop loss kr k hum apni open trade ko secure bhi kr skty hain..

    Inverted And Ascending Scallop ky Bary Discussion

    Jb ap ko pattern up trending market main aisy dkhny ko mily gya jb price ek straight line ki shakal main up move kr jye ais k bd market tora down aya or phr sy up chala jye or ek inverted ki shakal bna lyen ais case main ap ko price retracement 50 percent ya half down tk mil ge but phr market up chali jye ge agr ye pull back market main shape k uper 70 percent tk down aa jye to phr ye pattern work ni kry gya or price k up jany k chance km ho jyen gye jb ye price back shape k previous low tk aa jye to ap ko inverted or ascending scallops ni keh skyn..

    Technical Facts of this Indicator

    Jb market ya pattern banty huy upup move kr jye or phr tora retrace ho to jb ye retracement 50 percent ya half of shape pr ponch jye to ap ko but ki entry kr leni chahiye or stoploss market k previous low pr set krna chahiye ais liye k agr market wapis previous low pr aa jye to ye pattern ni bny gya or matket mazeed nechy aa jye ge so ap k liye best hai k ais time markrt sy nikla jyen tak ap k account wash hony sy bach jye aisi sorat main market agr up chali jye to ap ko bht acha profit mil dky gya phely preference apny account ki safety ko dena chahiye us k bd profit k bry main scochna chahiye account ho gya yo he trade ki ja skyn ge..

    Take Profit

    Bullish Scallops pattern me T.P ki position "J" shape k sab se top pe hoti hai. Bullish Scallops pattern me "J" ki height shamil ki jati hai. Jab k bearish Scallops pattern me "J" ki height ko entry posint se manfi kia jata hai.

    Stop Loss

    Bearish Scallops pattern me trading "J" k low k nechay se shoro ki jati hai. Agar qeematen "J" k right side k top se above chali jati hai, to is pattern ko failure samjha jata hai. Bullish Scallops pattern me stop loss ko "J" k nechay put kia jata.

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