Today's Pattern is 'BULL FLAG PATTERN'
Characteristics:
1.One big pole and small flag(decening chanel)
2. Its Bullish reversal pattern.
3. Its Usually form in Uptrend.
4. Its target is equal to the size of the pool from flag.
Interpretation:
It can be Bullish wait for breakout.
آج کا پیٹرن 'بل فلیگ پیٹرن' ہے
خصوصیات: 1
. ایک بڑا قطب اور چھوٹا جھنڈا (ڈیسیننگ چینل) 2. اس کا بلش ریورسل پیٹرن۔ 3. یہ عام طور پر Uptrend میں ہوتا ہے۔ 4. اس کا ہدف جھنڈے سے پول کے سائز کے برابر ہے۔ تشریح: یہ تیزی سے بریک آؤٹ کا انتظار کر سکتا ہے۔
One of my dear brother were saying these technical pattern didn't work . Right I am agree. Dear bro but I have a question? how can I make a building without standing a base and pillor , basic knowledge is very important , crypto knowledge is so vast , I am just now telling how I gained and sharing with newbies basic technical knowledge, than I move towards indicators and further one.
Brother, You are doing a good job by sharing your knowledge & experience with Pakistani community which is highly appreciated. It is easy to make money by using charts in Bullish market but in Bear market you can hardly make any money unless you trade in future market where you play on both side of fence by taking long and short positions which in my opinion is wrong from religious point of view because you borrow money from exchange on daily interest basis to increase size of your trade as well as risk of account liquidation is very high if market goes against your trading position. DYOR