double top chart pattern for forex trading

Double Top Chart Pattern

Double top aik bearish reversal pattern hai jo up trend ke baad bantaa hai. pattern is waqt bantaa hai jab security ki qeemat do barabar ki oonchai banati hai, is ke baad aik gravt hoti hai jo do oonchaiyon ke darmiyan kam tareen kam se neechay ajati hai. Double tops ahem hain kyunkay woh is baat ka ishara dete hain ke rujhan tabdeel ho gaya hai aur qeematein musalsal gir sakti hain. technical analysis mein double tops ko chart ke sab se qabil aetmaad namonon mein shumaar kya jata hai. Woh aam tor par stock ki qeematon mein dekhe jatay hain, lekin woh deegar sikyortiz jaisay commodities aur krnsyon mein bhi dekhe ja satke hain.



How to Identify a Double Top Pattern

Double top pattern ki shanakht darj zail perhaps se ki ja sakti hai.

Up trend : Double top pattern ki nishandahi karne ka pehla qadam aik up trend ki shanakht karna hai. Is ka matlab hai ke security ki qeemat aik muddat se barh rahi hai.

Two Equal Highs : Dosra marhala do masawi oonchaiyon ko talaash karna hai. Yeh bulandion is waqt peda hoti hain jab do allag allag mawaqay par security ki qeemat aik hi satah tak pahonch jati hai.

Decline : Teesra marhala is kami ka mushahida karna hai jo do oonchaiyon ke darmiyan sab se kam nichli satah se neechay aata hai. Yeh kami is baat ka ishara deti hai ke rujhan ulat gaya hai aur qeematon mein kami jari reh sakti hai.

Confirmation : Aakhri marhala tasdeeq ka intzaar karna hai. Is ka matlab hai ke qeemat do oonchaiyon ke darmiyan kam tareen kam se neechay band honay ka intzaar karen. Yeh is baat ki tasdeeq karta hai ke rujhan ulat gaya hai aur qeematon mein kami jari reh sakti hai.



How to Trade a Double Top Pattern

Aik baar double top pattern ki nishandahi ho jane ke baad, trader security mein mukhtasir position lainay ka intikhab kar satke hain. Is ka matlab hai ke woh security ki qeemat mein kami ki tawaqqa rakhtay hain aur is kami se un ka maqsad faida uthana hai. trader aam tor par security beech kar aik mukhtasir position mein daakhil hotay hain jab qeemat do oonchaiyon ke darmiyan kam tareen satah se neechay ajati hai. Woh –apne mumkina nuqsanaat ko mehdood karne ke liye stap loss orders bhi istemaal kar satke hain. Yeh note karna zaroori hai ke double tops hamesha qabil bharosa nahi hotay hain aur pattern ki shakal ke baad qeematein hamesha gir nahi sakteen. Lehaza taajiron ko tijarat mein daakhil honay se pehlay pattern ki durustagi ki tasdeeq karne ke liye deegar takneeki aur bunyadi tajzia ke ozaar istemaal karne chahiye.



Factors that Can Affect the Reliability of a Double Top Pattern

Kayi awamil hain jo double top pattern ki reliability ko mutasir kar satke hain. Yeh shaamil hain:

Volume: Tijarat ka hajam double top pattern ki reliability ko mutasir kar sakta hai. Agar hajam kam hai to pattern ahem nahi ho sakta aur trader tijarat mein daakhil honay se pehlay mazeed tasdeeq ka intzaar karne ka intikhab kar satke hain.

Time Frame : Woh time frame jis mein pattern ki shakalain is ki reliability ko bhi mutasir kar sakti hain. Double tops jo mukhtasir waqt ke frame mein bantay hain itnay qabil aetmaad nahi ho saktay hain jitne taweel waqt ke frame mein bantay hain.

Price action : Security ki qeemat ki karwai double top pattern ki reliability ko bhi mutasir kar sakti hai. Agar qeemat ka action kata sun-hwa hai, to pattern ki shanakht karna mushkil ho sakta hai aur trader tijarat mein daakhil honay se pehlay mazeed tasdeeq ka intzaar karne ka intikhab kar satke hain.



Conclusion

Double top pattern aik bearish reversal pattern hai jisay traders girty hui qeematon se faida uthany ke liye istemaal kar satke hain. Agarchay pattern ko technical analysis mein sab se ziyada qabil aetmaad samjha jata hai, taajiron ko tijarat mein daakhil honay se pehlay pattern ki durustagi ki tasdeeq karne ke liye tajzia ke deegar tools ka istemaal karna chahiye. Hajam, time frame, aur qeemat ki karwai jaisay awamil pattern ki reliability ko mutasir kar satke hain, aur traders ko trading ke liye pattern ka istemaal karte waqt un awamil se aagah hona chahiye.

Re: Double Top Chart Pattern for Forex Trading

WHAT IS DOUBLE TOP CHART PATTERN :





Double top ak chart pattern ha jo ka market ka chart ma ban kar market ko reverse karna ka kam karta ha ya double top pattern market ma high yani ka top ke traf banta ha or ya top ma ban kar market ke price ko reverse karta ha. Ya double top pattern market ma higher ke traf two tops ko banata hua banta ha yani jasa ka huma is pattern ka name sa he pata chal jata ha double top ka is trha sa ya double top pattern market ma high ke traf two top ko banta hua banta ha. Is double top pattern ka jo two tops banta ha ya high ke traf exit same point par banta ha or ya same point par high ma ban kar market ko lower ke traf reversal karna ka kam karta ha ya double top pattern jab banta ha to is sa phalay market ke price high ke traf ja rahi hoti ha or market ma uptrend ban raha hota ha or ya double top pattern is uptrend ka top ma ban kar market ko high ke traf la jata hua two tops ko banata ha or in tops ka bannay ka bad market ko reverse karta ha. Ya double top pattern market ma neckline level or resistance level ka mid ma banta ha jo is double top pattern ka tops point hota ha wo resistance level ko tuch karta hua banta ha or in resistance level ko jab market tuch karti ha to ya lower ke traf market ko reverse karti ha. Ya jo double yop pattern hota ha ya market ma double bottom pattern ka opposite ma hota ha ya double bottom pattern market ka lower ma downtrend ke traf two bottom ko banta hua banta ha or market ko support level ka near ma ban kar market ke price ko high ke traf reversal karna ka kam karta ha.




FORMATION OF DOUBLE TOP CHART PATTERN :




Jab double top pattern ke formation market ka chart ma hoti ha to ya higher ke traf 'M' ke shape ko banata hua banta ha ya double top pattern market ka uptrend ke traf formation ko banata ha or ya jo double top pattern hota ha to is sa phalay jo market ke price hoti ha wo high ke traf ja rahi joti ha or is double top pattern ka jo starting point jota ha ya market ma uptrend sa banta ha or is double top pattern ke formation ka start hota he jo market ke price hoti ha ya high ke traf jati ha or market high ke traf jati hoi first top ko banti ha jo ka resistance level par banta ha or is ka first top ka bannay ka bad market reverse hoti ha or market reversal hoti hoi is double top pattern ka opening point par a jati ha jes point sa market ke price high jana start hoi thr yani ka neckline level par or is level sa market high ke traf reversal ho ge or ak bar phur sa market ke price high ke traf jay ge or market strongly high ma jati joi ak or top point ko banay ge jo ka is pattern ka second top ho ga or is second top ka jo high point ho ga wo same resistance level par ho ga or ya first top ka equal ma ho ga or is second top sa market ke price lower ke traf reversal ho ge or neckline level par a jay ge or is double top pattern ke jo formation ho ge ya complete ho jay ge.




TRADING WITH DOUBLE TOP CHART PATTERN :




Double top pattern traders ko market ke price ka low ke traf reversal ho kar ana ka signal da ga. Jab ya double top pattern banay ga to is time par market ma bull ka control jo ga or ya jo bull ho ga ya is pattern ka start hona sa phalay market ma strong up ka trend ko bana raha ho ga or jo double top pattern ho ga is ka start ma bhi market ma bull ay ga or ya bull is ka start ma a kar market ko strongly high je traf apna previous trend ko follow karta hua la kar jay ga or ya bull high ma ak top ko banay ga or is top ka resistance level par banta he market ma jo bull ho ga ya lost ho jay ga or market ma bear ka control a jay ga or ya bear market ko reverse karta hua lower ke traf la ay ga or lower sa market ma phir sa bull a kar market ka bear ko lost kara ga or market ko up ke traf la kar jay ga or ya bull market ko jigh ke traf la jata hua ak or second top ko banay ga or ya bhi resistance level par banay ga or is second top sa phir sa market ma bull ka control lost ho jay ga or bear a kar market ko downward ke traf reversal kar da ga or ya huma bata raha ho ga ka jo market ha wo resistance level sa har bar lost ho rahi ha or lower ke traf a rahi ha or jab market second top ko banat hua reversal ho kar lower ke traf ay ge or is neckline level ko break kara ge to is break point sa traders ko market ka downward jana ka signal mila ga or traders is break out point sa is double top pattern ma sell ke trade ko enter kara ga or is ka jo stop loss ho ga wo high ma top par place kara ga.