Triangle CONTINUATION patterns

Assalam alaikum dear members!

• umeed ha ap sb khairiat se hn gy or apka last trading week bahut acha gaya ho ga.
• dear memebrs agr ap phly seekh kr trade karen gy to ap kamyab hn gy.
• aj ki post main hum bearish triangle continuation patterns ko study karen gy or dekhen gy k ye kaisy kam karty hain.

What is Bearish Triangle Continuation Pattern?

• Dear members continuation pattern wo hoty hain jo k ksi trend ki peak b bnty hain or es bat ki nishani hoty hain k market abhi apna trend continue rakhy ge .
• aisy hi kch triangles patterns aisy hoty hain jo k downtrend main bnty hain or in k breakout k bad market apna trend continue rakhti ha.
• aiys hi aik pattern ko aj hum study karen gy jo k nechy dya gaya hai.

Decending Triangle Pattern

• Es pattern ko nechy hum tafseel se dscs kar rhy hain.

What is Decending Triangel Pattern?

• Dear members ye pattern bearish trend main bnta ha or es k breakout k bad market bearish trend ko continue karti ha.
• esy decending triangle es lye kaha jata ha k eski shakal decendig hoti hai yaini k nechy ki trf jhuki hovi triangle hoti hai.

How it is Formed?

• dear members bearish trend main nechy jaty jaty market thori retracement lyti ha or consolidate karti ha.
• or doran market nechy aik support area se tkra k opr jati ha or high bna k wapis usi support py aa jati ha or dobara opr ja k aik lower high bnati ha jo k previous high se thora nechy hota ha.
• estraha market nechy aik base line bna lyti ha or opr ki trf lower highs bnati ati ha.
• agr highs ko highs se milaya jay to aik decending trend line banti ha or nechy base line se esy mila diya jy to decending triangle banti ha.

• Es k breakout k bad market bearish hoti ha or sell main hi jati ha.

Breakout of Decending triangle:

• Dear members phly to hamen es pattern k complete hony ka wait karna chahye jb ye complete ho jy to es k breakout ka wait karen breakout es ki base line jo k support hoti ha wahan se hota ha.
• breakout k bad confirmation ka wait karen or es k bad es main sell ki entry len.

• es main hmara stop loss triangle ki base line se opr ho ga jb k profit target base line se trendline ki height k equal nechy ki trf ho ga.

NOTE: Please use proper risk & money management while Trading forex.

Re: Triangle CONTINUATION patterns

Triangle continuation patterns are technical analysis patterns that signal a continuation of the current trend. They are called triangle patterns because the price action forms a triangle shape on a chart. There are three types of triangle continuation patterns: ascending, descending, and symmetrical.

1. Ascending Triangle Continuation Pattern: In an ascending triangle continuation pattern, the price action forms a horizontal resistance level, while the price continues to make higher lows. Traders believe that this pattern signals a continuation of the current uptrend. A break above the horizontal resistance level is considered a bullish signal.
2. Descending Triangle Continuation Pattern: In a descending triangle continuation pattern, the price action forms a horizontal support level, while the price continues to make lower highs. Traders believe that this pattern signals a continuation of the current downtrend. A break below the horizontal support level is considered a bearish signal.
3. Symmetrical Triangle Continuation Pattern: In a symmetrical triangle continuation pattern, the price action forms both a horizontal support and resistance level, while the price consolidates in a tightening range. Traders believe that this pattern signals a continuation of the current trend, either up or down. A breakout above the resistance or below the support level is considered a signal for the continuation of the trend.

It's important to remember that technical analysis patterns are not always accurate, and traders should always consider other factors such as market conditions, news, and economic data when making trading decisions.