Double top and bottom Pattern;
- Assalamualaikum Dear members ajki post m hmm hm bullish and barish reversal pattern Jo k double top and double pattern hn inko study krengy r inko kaisyy trade Kia jay ye dykhn gy is m hmara stopped loss r take profit kitna hona chahye ye b dykhn gy
Double top chart pattern:
- Dear members ye aik reversal pattern h jo k bullish pattern k end m bnta h is m market aik bar rally ki shkl m ooper jatii h r phir aik resistance se tkra k neechy atii h neechy phir aik support se tkra k wapis purani resistance tkk jatii h r phir wahan see reject ho krr neechy previous support ki traf atii h isii trah ooper 2 high bnty hn jinko double top kaha jata h r jbb 2 top bna k market neechy atii h to expect Kia jata h k market ab apni support ka breakout krygiii isii breakout ko hiii is pattern m trade Kia jata h
- Is pattern m double top bna k jis support area ki traf market atii h usko neck line kaha jata h
How to trade double top?
- Agr ap double top pattern m trade krna chahty hn to apko neck line k breakout ka wait krna chahye jbb breakout ho jay to iski confirmation py AP sell ki entry ly skty hn is m apka stopp loss neck line ya isse ooper hoga JB apka profit target neck line se double top ki height jitna neechy hoga
Double bottom chart pattern:
- Dear members ye aik bullish reversal chart pattern h is m market aik bar rally ki shkl m neechy jatii h r strong support se takra k wapis retracement ly k wapis ooper jatii h r ooper aik high bna krr wapis neechy previous support ki traf atii h r is support se reject ho Kar wapis ooper ki traf jatii h jab market 2 bar support area se takrati h to 2 low bnty hn jinko double bottom kaha jata h isky
- bad market wapis jatii h to yahan se expect Kia jata h k market apny previous high ko break krygiii r isko breakout kaha Jata h
- How to trade it?
- Dear members double bottom Pattern m trade krny k liye apko neck line k breakout ka wait krna chahye r breakout k bad isko confirmation py AP buy ki trade ly skty hn r ismn apka stopp loss neck line ya usse neechy hoga jab k profit target neck line se bottom ki height k equal ooper ki traf hoga jaisa k app ooper ki traf dykh skty hn