Bullish pennat patterns

Assalam alaikum !

• dear forum members umeed karta hun aap sb khair khairiat se hn gy or apki trading bahut achi jaa rahi ho ge.
• dear members agr hum market ko seekh kr trading karen to success k chances ziada hoty hain or forex market ko smjhny k lye es k charts ko read karna zrori ha or charts main agy mazeed chart patterns hoty hain jin ko agr hum seekh ln to hun achi trades open kar skty hain.
• Esi lye aj ki post main hum pennat chart pattern ki aik type bullish pennant ko detail se study karen gy.
• laikin agar apko pannent pattern k bary main ni maloom to phly hum isko study kar lyty hain.

What is pennant Chart Pattern?

• Dear members pennant aik continuation pattern ha mtlb k ye js trend main banta ha market main ye us trend k jati rhny ki alamat hota ha.
• es lye trend ki waja se eski 2 types hoti hain agar ye bullish trend main bany to esko bullish pennant kaha jata ha.
• or agar bearish trend main bany to esko bearish pennant kaha jata ha.

What is Bearish Pennant?

• Dear members ye pattern bearish trend k darmyan main banta ha or es k breakout k bad market apna trend continue rkhti ha or market mazeed nechy jati ha.
• es lye esko bearish continuation pattern bhi kaha jata ha.

How it is formed?

• Dear members bearish trend k darmyan main jb market retracement leti ha to market aik area main consolidate karti ha or higher highs or higher lows bnati hai.
• agr highs ko highs se milaya jay to aik rising trendline banti ha jb k agar lows ko lows se mlaya jay to nechy ki trf aik rising trend line banti ha .
• or ye dono trend line mil k aik pennant type structure bnati hain.

How to trade it?

• Dear members es pattern ko trade karny k lye es k complete hony ka wait karen jb ye complete ho jay to es k breakout ka wait karen.
• q k ye bearisg pennant ha to ye pennant ki nechy wali supporting trend line ka hi breakout kary ga or market mazeed nechy jygi.
• laikin trade leny se phly breakout ki confirmation lazmi ha or re k bad es main sell ki entry len.
• es main hmara stop loss us trendline se opr ho ga jska breakout hoa ha or take profit penant se opr moujood pole k equal ho ga.