‫اور ر‬

HOW TO
DAY TRADE
FOR A LIVING

Published By: Trade Book

Written By : M. Ali
 How To Day Trade For Living 01

TradeBook By M.AliAbout TradeBook This By Book

M.Ali TradeBook By M.Ali
TradeBook
In this book, we ByaimM.Ali to provide TradeBook By M.Ali
you with a comprehensive TradeBook
understanding By M.Ali
of various
chart patterns that can signicantly enhance your trading prots. Through detailed
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
explanations and real-life examples, we demonstrate how these patterns can be
TradeBook By to
effectively utilized M.Aliminimize TradeBook
losses and maximize By gains.
M.Ali TradeBook
By the end of this book, ByyouM.Ali
will have the knowledge and tools necessary to make informed trading decisions and
TradeBook
achieve consistentBy protability.
M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Chart patterns are visual representations of price movements and patterns that occur in
TradeBook
nancial markets. By TheyM.Ali offer TradeBook
valuable insights into Bymarket
M.Ali TradeBook
psychology By M.Ali
and can help
traders identify potential opportunities for buying or selling. However, it is crucial to
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
approach chart patterns with the right knowledge and analytical skills to extract their
TradeBook
full potential. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Throughout the Bychapters
M.Aliof this TradeBook outlineTradeBook
By M.Ali
book, we meticulously a wide range of chart By M.Ali
TradeBook By M.Ali
patterns and provide in-depth TradeBook
explanations of their M.Ali TradeBook
By characteristics, signicance, andBy M.Ali
implications. We cover bullish patterns such as the head and shoulders bullish, cup and
TradeBook
handle, risingBy wedge M.Alibullish, TradeBook
and double bottom. ByEach patternTradeBook
M.Ali is accompanied by By M.Ali
real-
world examples
TradeBook By that illustrate their application and demonstrate their effectiveness in
M.Ali
generating prots.
TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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‫رٹ‬ ‫ را آپ‬، By M.Ali
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 How To Day Trade For Living 02

Table of Content
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook
Types Of Market 03 Gartley (Bullish)TradeBook By
By M.Ali 53 M.Ali

TradeBook By M.Ali TradeBook

Support & Resistance 05 By M.Ali
Gartley (Bearish) TradeBook By 55 M.Ali
TradeBook By M.Ali
Breakout & Fake Breakout TradeBook
07 By M.AliTriangle
Symmetrical TradeBook
(Bullish) By 57 M.Ali
TradeBook By M.Ali TradeBook 09
By M.AliTriangle
Symmetrical TradeBook
(Bearish) By 59 M.Ali
Type of Trends
TradeBook By M.Ali TradeBookAscending By M.Ali TradeBook By M.Ali
11 Triangle (Bullish) 61
Retest
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook
Head & Shoulder 13 Descending Triangle (Bearish)
By M.Ali TradeBook By 63 M.Ali

TradeBook By M.Ali TradeBook

15 By M.Ali
Introduction TradeBook
to Candlestick 65 M.Ali
Pattern By
Inverse Head & Shoulder
TradeBook
Cup & Handle
By M.Ali TradeBook17 M.Ali TradeBook By
By, Hammer
Doji 67 M.Ali
TradeBook By M.Ali TradeBook 19
By M.Ali
Hanging Man , TradeBook
Shooting Star By 68 M.Ali
Inverse Cup & Handle
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Falling Wedge 21 Checkmate 69
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Rising Wedge 23 Evening Star 70
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Double Bottom By M.Ali TradeBook25 Morning
By M.Ali Star TradeBook By 71 M.Ali
TradeBook
Double Top
By M.Ali TradeBook27 By M.Ali
Bullish Engulng TradeBook By 72 M.Ali
TradeBook By M.Ali TradeBook 29
By M.Ali
Bearish Engulng TradeBook By 73 M.Ali
Tripple Bottom
TradeBook By M.Ali TradeBookHarami By M.Ali TradeBook By
/ Inside Bar 74 M.Ali
Triple Top 31
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
33 Kicker 75
TradeBook By M.Ali TradeBook
Pennant (Bullish) By M.Ali TradeBook By M.Ali
Piercing Line 76
TradeBook By M.Ali TradeBook
Pennant (Bearish) 35 By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook
Flag (Bullish) 37 By Cloud
Dark M.Ali CoverTradeBook By 77 M.Ali
TradeBook By M.Ali TradeBook
Flag (Bearish) 39 By M.Ali
Three TradeBook By
White Soldiers 78 M.Ali
TradeBook By M.Ali TradeBookThree By M.Ali
Black Crows
TradeBook By 79 M.Ali
Rectangle (Bullish) 41
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Rectangle (Bearish) 43 Tweezers Pattern 80
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Conuence 81
TradeBook
Three DriveBy M.Ali TradeBook
(Bullish) 45 By M.Ali TradeBook By M.Ali
Hammer,Doji,Bullish,Checkmate,at
TradeBook
Three Drive By M.Ali TradeBook
(Bearish) 47 ByExponential
200 M.AliMoving TradeBook
Average 82 M.Ali
By
TradeBook By M.Ali TradeBook
ABCD (Bullish) 49 By M.Ali
Important TradeBook By
Suggestion 83 M.Ali
ABCD (Bearish) 51
 How To Day Trade For Living 03

Types Of Market
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
"Bullish" and "bearish" are notTradeBook
types of markets in By M.Ali
trading, but TradeBook
rather terms used to By M.Ali
describe market sentiment or the outlook for a particular security, market, or economy.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
These terms are commonly used in relation to stock markets or individual stocks, but
TradeBook
they can also ByapplyM.Ali TradeBook
to other nancial markets. By M.Ali TradeBook By M.Ali
Bullish Market:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
A bullish market is characterized by optimism and positive sentiment among investors.
TradeBook
It suggests thatByprices
M.Ali TradeBook
are expected BytheM.Ali
to rise or that TradeBook
overall market is in an upward By M.Ali
trend. In a bullish market, investors are generally condent and expect future gains.
TradeBook By M.Ali buy stocks or otherBy
They may be more willing to TradeBook M.Ali
assets,
TradeBook By M.Ali
which can result in increasing
TradeBook
prices. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Bearish Market:
TradeBook By on
A bearish market, M.Alithe other TradeBook By M.Ali
hand, is characterized TradeBook
by pessimism and negativeBy M.Ali
sentiment. It suggests that prices are expected to fall or that the overall market is in a
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
downward trend. In a bearish market, investors are generally cautious and may sell off
TradeBook
stocks or other By M.Ali
assets to avoid TradeBook
potential losses. By M.Alipressure
This selling TradeBook can lead to By M.Ali
declining prices.
TradeBook
It's important By M.Ali
to note TradeBook
that market sentiment canBy M.Ali
change basedTradeBook
on various factors, By M.Ali
such
TradeBook By M.Ali
as economic indicators, TradeBook
geopolitical By M.Ali
events, company earningsTradeBook
reports, and investor By M.Ali
behavior. Bullish and bearish sentiments can coexist in different sectors or asset classes
TradeBook
simultaneously, Bymaking
M.Ali TradeBook
it important for tradersBy M.Ali to
and investors TradeBook
analyze the specic By M.Ali
market conditions and individual securities before making decisions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali ‫ ر‬،TradeBook
"Bullish" "‫اور‬Bearish" ‫ص ر‬ ‫ت‬ By‫ ر‬M.Ali‫ت‬ ‫وہا‬TradeBook
، ‫ر‬By‫رت‬M.Ali
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‫ ت م ر ا ك ر‬By ‫ ۔ ا‬M.Ali ‫ ا ل‬TradeBook ‫ن‬ ‫ آؤٹ‬By M.Ali
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 How To Day Trade For Living 04

Bullish: By M.Ali TradeBook By M.Ali TradeBook By M.Ali

TradeBook
When the market experiences a sustained
TradeBook
upward trend,By it is M.Ali referred to as a By M.Ali TradeBook By M.Ali
commonlyTradeBook
TradeBook
bull market orBy M.Ali
a bull run. In aTradeBook
bull market, By M.Ali TradeBook By M.Ali
stock prices generally rise over an extended
TradeBook By M.Ali
period, and investor condence and optimism By M.Ali TradeBook By M.Ali
TradeBook
are high. ThisBy
TradeBook can leadM.Ali to increased buying
TradeBook By M.Ali TradeBook By M.Ali
activity and overall positive market sentiment.
TradeBook Byoften
Bull markets are M.Ali TradeBook
associated with By M.Ali TradeBook By M.Ali
economic growth, low unemployment rates,
TradeBook By M.Ali TradeBook
and favorable market conditions. However, it's By M.Ali TradeBook By M.Ali
TradeBook
important to Bynote M.Ali
that market TradeBook
trends can By M.Ali TradeBook By M.Ali
uctuate, and a bull market can eventually
TradeBook
transition intoBy a bearM.Ali
market,TradeBook
where prices By M.Ali TradeBook By M.Ali
TradeBook
decline. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
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‫ دى‬M.Ali ‫۔‬ ‫ ت‬By M.Ali
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‫ر‬ ‫اور ر‬، By ‫ ر ت ا‬TradeBook
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By ‫ ۔‬M.Ali
TradeBook
Bearish: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Correct, whenBy the M.Ali TradeBook
market experiences a By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
continuous downward it is commonly By M.Ali TradeBook By M.Ali
trend,TradeBook
referred to as a bearish market or a bear market.
TradeBook By stock
In a bear market, M.Ali generally decline By M.Ali TradeBook By M.Ali
pricesTradeBook
over an extended period, and investor
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
condence and optimism diminish. This can lead
TradeBook By M.Ali
to increased selling activity andTradeBook
an overall By M.Ali TradeBook By M.Ali
negative market sentiment. Bear markets are
TradeBook Bywith
often associated M.Ali economic recession, highBy M.Ali TradeBook By M.Ali
TradeBook
TradeBook
unemployment Byrates, M.Ali TradeBook
and challenging market By M.Ali TradeBook By M.Ali
conditions. It's important to note that market
TradeBook
trends are notBy M.Ali
always TradeBook
straightforward and can By M.Ali TradeBook By M.Ali
TradeBook
involve periodsBy M.Ali
of both TradeBook
bullish and bearish By M.Ali TradeBook By M.Ali
activity.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ا ك‬، By‫ ى‬M.Ali ‫۔ر‬ TradeBook
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 How To Day Trade For Living 05

Support & Resistance

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
In trading, support TradeBook
and resistance are importantBy M.Ali
concepts TradeBook
used to analyze price levelsBy M.Ali
on a chart and make trading decisions. They represent areas where the price of an asset
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
tends to stop or reverse its direction.
TradeBook
Support: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Support refersBy to aM.Ali
price levelTradeBook By M.Ali
at which buying pressure exceedsTradeBook
selling pressure, By M.Ali
causing the price of an asset to stop falling or "nd support" and potentially reverse its
TradeBook
direction. It isBy M.Ali
viewed TradeBook
as a oor or a level whereBy demand M.Ali TradeBook
for the asset is strong enoughBy M.Ali
to prevent it from declining further. Traders often look for support levels to identify
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
potential buying opportunities or to place stop-loss orders to protect against further
TradeBook
downside. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Resistance:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Resistance, on the other hand, refers to a price level at which selling pressure exceeds
TradeBook
buying pressure, Bycausing
M.AlitheTradeBook
price of an asset toBy stopM.Alirising orTradeBook
"face resistance" and By M.Ali
potentially reverse
TradeBook By its direction. It is viewed as a ceiling or a level where supply for the
M.Ali TradeBook By M.Ali TradeBook By M.Ali
asset is strong enough to prevent it from rising further. Traders often look for resistance
TradeBook
levels to identifyBypotential
M.AlisellingTradeBook
opportunities Byor toM.Ali TradeBook
place take-prot orders to By M.Ali
capitalize on potential price reversals.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
Support and resistance levelsTradeBook By M.Ali
can be identied using TradeBook
various technical By M.Ali
analysis tools,
such as trendlines, horizontal lines, moving averages, or Fibonacci retracement levels.
TradeBook
These levels are BynotM.Ali TradeBook
exact prices but rather zones By M.Ali
where price TradeBook
action tends to react. By M.Ali
Traders use support
TradeBook By and resistance levels to determine entry and exit points, set prot
M.Ali TradeBook By M.Ali TradeBook By M.Ali
targets and stop-loss orders, and assess the overall strength or weakness of an asset's
TradeBook
price movement. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
It's important to note that support and resistance levels can change over time as
TradeBook
market dynamics By shift,
M.Ali TradeBook
and they are best used in By M.Ali with
conjunction TradeBook
other technical By M.Ali
indicators and analysis methods to make informed trading decisions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫۔وہان‬ By
‫ ا ل‬M.Ali TradeBook ‫اور ر‬ ‫ ں‬By M.Ali ‫رٹ‬ TradeBook
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‫ر د‬ ‫۔ا ا‬ ‫ا‬ ‫ر اس‬ ‫"اور‬ ‫" ا‬ ‫رك‬
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‫ں‬ ‫ا‬ ‫ا‬ ‫۔ ا و‬ ‫رو‬ ‫ا‬ ‫ط‬ ‫ا ا‬ ‫ںا‬
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‫۔‬ ‫آرڈرد‬ ‫ا‬ ‫ہا‬ ‫ا‬ ‫ش‬
 How To Day Trade For Living 06

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

‫ذر‬ ‫ر‬ ، ‫ و ا ر‬، ‫ ر و‬، ، ‫رٹاورر‬
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،
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‫۔‬
‫ں‬ ‫رٹاور ا‬ ‫ورى ا ازہ‬ ‫اورا‬، ‫ا افاور پ س آرڈرز‬
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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 How To Day Trade For Living 07

Breakout & Fake Brakeout

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, a By M.Ali
breakout refersTradeBook
to a price movementBythat occursTradeBook
M.Ali when the price of By an M.Ali
asset moves By
TradeBook aboveM.Ali
a resistance level or below a support level with increased
TradeBook By M.Ali TradeBook By M.Ali
momentum. It signies that the price has broken out of its previous trading range and
TradeBook
may continueBy M.Ali
in the direction of the breakout. By M.Ali TradeBook By M.Ali
TradeBook
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Breakout :
TradeBook
Breakout is oftenBy considered
M.Ali TradeBook a signicant eventBy M.Alias TradeBook
by traders By M.Ali
it can indicate a potential
TradeBook By M.Ali
shift in the supply-demand dynamics
TradeBook and the beginning
By M.Aliof a TradeBook
new trend. TradersBy
look for breakouts to enter trades in the direction of the breakout, expecting further
may M.Ali

TradeBook
price movement Byand M.Ali TradeBook
potential By M.Ali TradeBook By M.Ali
prot opportunities.
On the other hand, a fake breakout, also known as a false breakout or a failed
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
breakout, occurs when the price briey moves above a resistance level or below a
TradeBook
support levelBy M.Alireverses
but quickly TradeBook By
and returns to TradeBook
M.Ali trading
its previous By M.Ali
range. It creates a
deceptive signal and can trap traders who entered trades based on the initial breakout.
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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‫ر ر‬ ‫او‬ ‫ا‬ ‫ا‬ ‫اسو‬ ‫اد‬ ‫ آؤٹ‬،
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‫ا‬
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‫ وا‬M.Ali ‫ رت دا‬TradeBook
‫آؤٹ د‬ ‫اورا ا‬By M.Ali
 How To Day Trade For Living 08

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

Fake breakouts:
TradeBook
Fake BreakoutBy canM.Ali TradeBook
be frustrating for traders, asBy can resultTradeBook
they M.Ali By M.Ali
in losses or whipsaw-like
price action. They are often caused by market manipulation, lack of sufcient buying or
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
selling pressure, or the presence of traders who quickly reverse their positions after
TradeBook
triggering theBy M.Ali TradeBook By M.Ali TradeBook By M.Ali
breakout.

TradeBook ByriskM.Ali
To minimize the TradeBook
of falling for fake breakouts, Bytraders
M.Ali oftenTradeBook
use additional By M.Ali
TradeBook
conrmationBy M.Ali
signals, such asTradeBook
volume analysis, candlestick
By M.Ali TradeBook
patterns, By M.Ali
or other technical
indicators, to validate the strength and sustainability of a breakout before entering a
TradeBook By for
trade. By waiting M.Ali TradeBook
conrmation, traders aim By M.Ali
to avoid false TradeBook
signals and increase By
theM.Ali
probability of successful trades.
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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‫ا‬
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‫ ٓؤٹ گ ر‬By M.Ali
TradeBook By M.Ali ‫ ا ر‬TradeBook ‫ر‬ By‫آؤٹ‬M.Ali TradeBook By M.Ali
 How To Day Trade For Living 09

Type Of Trends
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, anBy M.Ali
uptrend and aTradeBook
downtrend are two By TradeBook
M.Alidirectional
different movements By of M.Ali
the price of an asset over a specic period. They are commonly used to describe the
TradeBook ByofM.Ali
overall direction a marketTradeBook
or a specic security. By M.Ali TradeBook By M.Ali
TradeBook
Uptrend: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
An uptrend refers to a consistent and sustained upward movement in the price of an
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
asset. In an uptrend, each successive peak and trough (swing high and swing low) is
TradeBook Byprevious
higher than the M.Aliones, TradeBook
indicating an overall By positive
M.Ali price TradeBook
momentum. Traders By M.Ali
often look for uptrends to identify buying opportunities, as the price is expected to
TradeBook ByUptrends
continue rising. M.AlicanTradeBook
be characterized By M.Ali
by higher highsTradeBook
and higher lows By and are M.Ali
TradeBook By M.Ali
typically associated with bullish market sentiment.
TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Downtrend: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
A downtrend,By M.Ali
on the TradeBook
other hand, By M.Ali
describes a consistent TradeBook
and sustained downward By M.Ali
movement in the price of an asset. In a downtrend, each successive peak and trough is
TradeBook
lower than theByprevious
M.Aliones,TradeBook
indicating an overall By negative
M.Ali price TradeBook
momentum. Traders By M.Ali
TradeBook
often look forBy M.Ali toTradeBook
downtrends By M.AliorTradeBook
identify selling opportunities to take short positions,By M.Ali
as the price is expected to continue declining. Downtrends can be characterized by
TradeBook Bylower
lower highs and M.Ali TradeBook
lows and By M.Ali
are typically associated TradeBook
with bearish By M.Ali
market sentiment.
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Identifying and analyzing trends is an important aspect of technical analysis in trading.
TradeBook By M.Ali
Traders use various tools andTradeBook
indicators, such asBy M.Alimoving
trendlines, TradeBook
averages, orBy priceM.Ali
patterns, to identify and conrm the presence of an uptrend or a downtrend.
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Understanding BytheM.Ali TradeBook
current trend can help traders Bymake M.Ali more TradeBook
informed trading By M.Ali
TradeBook Byas M.Ali
decisions, such choosing the TradeBook
appropriate directionBy M.Ali for theirTradeBook
trades, setting prot By M.Ali
targets, or determining stop-loss levels. It's worth noting that trends can vary in
TradeBook By M.Ali
duration, ranging TradeBook
from short-term trends that last ByforM.Ali days orTradeBook
weeks to long-term By M.Ali
TradeBook By M.Ali
trends that persist for months or even years. By M.Ali TradeBook By M.Ali
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‫ ۔وہ م‬TradeBook ‫دو‬ By ‫ ص ت‬TradeBook
‫ دورانا‬M.Ali ‫او ر ناور ر نا‬By ، M.Ali
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‫ا‬ ‫ن‬ ‫ ر‬By ‫ ص‬M.Ali

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‫ا‬

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TradeBook
‫ اور م ر ى‬By ‫دى‬ M.Ali TradeBook
‫ں ف‬ ‫او ںاوراو‬By ‫ز او‬M.Ali‫ ۔اپ‬TradeBook ‫ا‬ By ،M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ ت وا‬By ‫ زار‬M.Ali

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‫ر ن ش‬By M.Ali‫ز‬ ‫ا‬
TradeBook TradeBook By‫ و‬M.Ali ‫۔ ا‬ ‫ر ر‬
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‫ت‬ ‫اور م ر ى زار‬ ‫ں‬ ‫ر ت او اور‬
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬TradeBook By ،M.Ali
‫۔‬ ‫وا‬
 How To Day Trade For Living 10

TradeBook
‫ و‬،
By ، M.Ali ‫ا ل‬TradeBook
‫ز‬ ‫اورا‬ ‫ رز‬By
‫۔‬ M.Ali
‫ا ا‬ TradeBook ‫ اور‬By‫ت‬M.Ali
‫ر‬
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By M.Ali
‫وں ز دہ‬ ‫دہر ن‬TradeBook
‫۔‬ ‫اور‬By M.Ali
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‫اپ ڈاؤن‬،‫ن‬ By، M.Ali
‫ا ر‬
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، ‫ں‬TradeBook
‫ر ت د ں‬ By ،M.Ali TradeBook
‫ر تدورا‬ By ‫ت‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ارر‬
By M.Ali
‫ں ں‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Uptrend Chart
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
DownTrend By Chart
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 11

Retest
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By refers
In trading, "retest" M.Ali TradeBook
to a price By M.Ali
action scenario where the price ofTradeBook
an asset returns toBy a M.Ali
previous support or resistance level after a breakout or breakdown has occurred. It is often used
TradeBook By M.Ali
to assess the validity TradeBook
of the breakout or breakdown By and toM.Ali TradeBook
identify potential trading By M.Ali
TradeBook
opportunities.By M.Ali TradeBook By M.Ali TradeBook By M.Ali

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Retest Upside: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
A retest upsideBy M.Ali
occurs when the TradeBook By above
price of an asset breaks M.Ali TradeBook
a resistance Bya M.Ali
level, indicating
potential bullish breakout, and then retraces back to that same resistance level. The previous
TradeBook By
resistance level nowM.Ali TradeBook
acts as a potential support level.By M.Ali
Traders TradeBook
often look By M.Ali
for a successful retest
upside as conrmation
TradeBook By M.Ali that the breakout is strong and may continue upward. If the price
TradeBook By M.Ali TradeBook By M.Ali
successfully holds above the retest level and resumes its upward movement, traders may
TradeBook Bylong
consider entering M.Ali
positionsTradeBook
or adding to existingBy M.Ali TradeBook By M.Ali
positions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Retest Downside:
TradeBook By occurs
A retest downside M.Ali whenTradeBook
the price of an assetBy below aTradeBook
M.Ali
breaks Bya M.Ali
support level, indicating
potential bearish
TradeBook By breakdown,
M.Ali and then retraces back to that same support level. The previous
TradeBook By M.Ali TradeBook By M.Ali
support level now acts as a potential resistance level. Traders look for a successful retest
TradeBook By M.Ali
downside as conrmation TradeBook
that the breakdown is strong ByandM.Ali TradeBook
may continue downward. If the BypriceM.Ali
fails to move back above the retest level and resumes its downward movement, traders may
TradeBook Byshort
consider entering M.Ali TradeBook
positions or adding to existing By M.Ali TradeBook By M.Ali
positions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Retests can provide valuable information about the strength of the initial breakout or breakdown.
TradeBook By that
A successful retest M.Aliholds theTradeBook
previous support or By M.AlilevelTradeBook
resistance reinforces the validityByof M.Ali
the breakout By
TradeBook or breakdown
M.Ali and increases the condence
TradeBook By of traders TradeBook
M.Ali in the new trend. By M.Ali
Conversely, if the retest fails and the price moves back above the previous support (in the case of
TradeBook By
a retest upside) M.Ali
or below TradeBook
the previous resistance (inBy M.Ali
the case TradeBook
of a retest downside), it canBy M.Ali
indicate a potential false breakout or breakdown.
TradeBook
Traders often By M.Alitechnical
use additional TradeBook By M.Ali
indicators or conrmation TradeBook
signals By M.Ali
to support their trading
TradeBook
decisions when By M.Aliretests,
evaluating TradeBook By M.Ali
such as volume analysis, TradeBook
candlestick patterns, or otherBy chart M.Ali
patterns. These tools help traders assess the likelihood of a successful retest and the potential
TradeBook
continuation ofBy the M.Ali
trend. TradeBook By M.Ali TradeBook By M.Ali
TradeBook By‫ وا‬M.Ali ‫ آؤٹ ا‬TradeBook ‫ں ا‬ By M.Ali‫ ا‬TradeBook ‫اد‬ " ‫"دو رہ‬،By M.Ali
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‫۔ ا‬ ‫وا آ‬ By
‫رٹ ا‬M.Ali
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By‫ت‬M.Ali ‫۔ ا اس‬
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By M.Ali TradeBook
‫آؤٹ ط اوراو‬ ‫ش‬
By M.Ali
‫بدو رہ‬
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‫ر‬ ‫دہ ز ں ا‬ ‫ز ں دا‬ ، ‫دو رہ وع‬ ‫ف‬ ‫اورا او‬ ‫او ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬
 How To Day Trade For Living 12

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

: ‫دو رہآز‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫اور ا‬، ‫ى ا‬ ، ‫ٹ‬ ‫رٹ ل‬ ‫ا‬ ‫اسو‬ ‫دو رہ‬
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‫بدو رہ‬ ‫ر ا‬ ‫۔ اس ت‬ ‫ر م‬ ‫ا‬ ‫رٹ لاب‬ ‫۔‬ ‫رٹ ل وا آ‬
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‫م‬ ‫او‬ ‫دو رہ‬ ‫۔ا‬ ‫ف رىرہ‬ ‫ڈاؤن ط اور‬ ‫ش‬
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‫۔‬ ‫ر‬ ‫دہ ز ں ا‬ ‫دا‬ ‫ز‬ ، ‫دو رہ وع د‬ ‫ف‬ ‫اورا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا‬ ‫بدو رہ‬ ‫۔ا‬ ‫ت ا‬ ‫رے‬ ‫ڈاؤن‬ ‫آؤٹ‬ ‫ا ا‬ ‫دو رہ‬
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‫ا دو رہ‬، ‫۔اس‬ ‫وں ا د‬ ‫د اور ر ن‬ ‫ڈاؤن در‬ ‫آؤٹ‬ ‫ارر‬
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‫)دو رہ‬ ‫ا‬ ( ‫رت‬ ‫)دو رہ‬ ‫رٹ او وا‬ ‫اور‬ ‫م‬
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، ‫ہ‬ ‫دو رہ‬ ‫و‬ ‫ں‬ ‫ر‬ ‫وہا‬ ‫ا رےا ل‬ ‫ا رے‬ ‫رزا ا‬
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‫۔‬ ‫د‬ ‫ا ازہ‬ ‫ا ناورر ن‬ ‫بدو رہ‬ ‫وں‬ ‫ د رٹ ن۔‬،‫ن‬ ‫ ل‬،
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Upside Retest :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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Downside
TradeBook ByRetestM.Ali: TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 13

Head & Shoulder

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, theBy"headM.Ali TradeBook
and shoulders" pattern is aBy TradeBook
M.Alirecognized
commonly By M.Ali
chart pattern
TradeBook By bearish
that is considered M.AliandTradeBook By M.Ali
can indicate a potential TradeBook
trend reversal. It is formedBy by M.Ali
three successive peaks, with the central peak (the head) being higher than the two
TradeBook By M.Ali
surrounding peaks TradeBook
(the shoulders). The pattern By M.Ali
resembles TradeBook
a person's head and By M.Ali
TradeBook
shoulders andBy M.Ali TradeBook
is characterized by a neckline connecting
By M.Ali the lows between the peaks.
TradeBook By M.Ali
TradeBook
The head and By M.Ali
shoulders TradeBook
pattern consists of the By M.Ali
following TradeBook By M.Ali
components:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Left Shoulder:
TradeBook ByisM.Ali
The left shoulder TradeBook
the rst peak in the pattern,By M.Ali
formed as theTradeBook By M.Ali
price rises to a certain
TradeBook
level and thenBy M.Ali TradeBook By M.Ali TradeBook By M.Ali
retraces.

TradeBook
Head: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The head is theBy M.Ali
highest peak TradeBook
in the pattern, formedBy asM.Ali
the priceTradeBook
rallies above theBy left M.Ali
shoulder and then retraces again. The head peak is higher than the left shoulder and
TradeBook
often indicatesBy M.Ali
a false rally orTradeBook
weakening bullishBy M.Ali TradeBook By M.Ali
momentum.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Right Shoulder:
TradeBook By M.Ali peak in the pattern,
The right shoulder is the thirdTradeBook Byformed
M.Ali TradeBook
as the price rises again By
butM.Ali
TradeBook
fails to surpassBythe M.Ali TradeBook
head's level. The right shoulder typically TradeBook
Byis M.Ali lower than the head, By M.Ali
resembling a lower high.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Neckline: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The neckline is a trendline that connects the lows of the left shoulder, head, and right
TradeBook Byas M.Ali
shoulder. It acts a support TradeBook By M.Ali
level and plays a crucial TradeBook
role in conrming By M.Ali
the pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Once the head and shoulders pattern is formed, traders often look for a breakdown
TradeBook By M.Ali
below the neckline TradeBook
as a conrmation M.AliTheTradeBook
Byreversal.
of a bearish breakdown belowBy the M.Ali
neckline suggests
TradeBook By that
M.Ali sellingTradeBook
pressure has increased
By and that TradeBook
M.Ali the bullish trend has
weakened. Traders may consider entering short positions or exiting existing long
By M.Ali
TradeBook
positions when By theM.Ali
price breaksTradeBook By M.Ali TradeBook By M.Ali
below the neckline.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
It's important to note that the head and shoulders pattern is just one of many technical
TradeBook
analysis tools,By
and M.Ali TradeBook
its effectiveness often useTradeBook
By M.Ali
can vary. Traders additional indicators,By M.Ali
volume analysis, or other chart patterns to support their trading decisions and increase
TradeBook
the probabilityBy M.Ali TradeBook By M.Ali TradeBook By M.Ali
of success.
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‫ر ن ا‬ ‫اور‬ ‫ى‬ ‫ہ رٹ ن‬ ‫" نا م ر‬ ‫" اور‬،
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 14

TradeBook By M.Ali TradeBook By M.Ali ‫۔‬ TradeBook‫درجذ ا اء‬ ‫ں‬By ‫اور‬M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
:
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‫۔‬ ‫اور‬ ‫ھ‬ ‫ا ص‬ ‫اسو‬ ، ‫ن‬ ‫ں‬
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 How To Day Trade For Living 15

Inverse Head & Shoulder

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
In trading, the "head and shoulders" pattern can also appear in a bullish context,
TradeBook
known as theBy M.Ali
"inverse head TradeBook By M.Ali
and shoulders" pattern. TradeBook
It is considered By M.Ali
a bullish reversal
pattern that suggests a potential trend reversal from a downtrend to an uptrend. The
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
inverse head and shoulders pattern has similar components to the regular head and
TradeBook By M.Ali
shoulders pattern but with anTradeBook M.Ali TradeBook By M.Ali
By interpretation.
opposite directional
TradeBook By and
The inverse head M.Ali TradeBook
shoulders pattern consistsBy M.Ali
of the TradeBook
following components: By M.Ali
TradeBook
Left Shoulder:By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The left shoulder is the rst trough formed as the price declines to a certain level and
TradeBook
then rebounds.By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Head: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The head is the lowest trough in the pattern, formed as the price falls below the left
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
shoulder and then rebounds again. The head trough is lower than the left shoulder
TradeBook By M.Ali
and often indicates TradeBook
a false decline or weakening Bybearish
M.Ali TradeBook By M.Ali
momentum.
Right Shoulder:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The right shoulder is the third trough in the pattern, formed as the price declines again
TradeBook By M.Ali
but fails to surpass TradeBook
the head's By M.Ali
level. The right shoulder TradeBook
is typically higher than the By M.Ali
head, resembling a higher low.
TradeBook
Neckline:
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The neckline By M.Ali that
is a trendline TradeBook the left TradeBook
ByofM.Ali
connects the highs shoulder, head, and ByrightM.Ali
shoulder. It acts as a resistance level and plays a crucial role in conrming the pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By head
Once the inverse M.Ali TradeBook
and shoulders pattern isBy M.Ali
formed, TradeBook
traders often look for a By M.Ali
breakout above the neckline as a conrmation of a bullish reversal. The breakout
TradeBook By M.Ali
above the neckline suggestsTradeBook
that buying pressure ByhasM.Ali TradeBook
increased By M.Ali
and that the bearish
TradeBook By
trend has weakened. M.AliTradersTradeBook
may consider entering
By long positions
M.Ali
existing long positions when the price breaks above the neckline.
TradeBookor adding toBy M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

Similar to the regular head and shoulders pattern, it's important to note that the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
effectiveness of the inverse head and shoulders pattern can vary. Traders often use
TradeBook By M.Ali
additional indicators, volume TradeBook
analysis, or otherBy patternsTradeBook
chartM.Ali By M.Ali
to support their trading
decisions and increase the probability of success.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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‫ ں ن ر ذ ا اء‬By ‫ اور‬M.Ali
‫ا‬
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‫ا‬ ‫ ت‬By ‫ں‬M.Ali
 How To Day Trade For Living 16

TradeBook By M.Ali TradeBook By M.Ali TradeBook By :M.Ali

TradeBook‫۔‬ By‫دو رہ‬M.Ali
‫ٹ‬ ‫ آ اور‬TradeBook By M.Ali ‫اسو‬ TradeBook
، ‫ت‬ By ‫ ن‬M.Ali
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By‫ او‬M.Ali
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: ‫دن‬
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‫اور ن‬ ‫ر م‬ ‫او ں ڑ ۔ ا‬ ‫ اوردا‬، ‫ا‬
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‫۔‬ ‫ا دارادا‬
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫آؤٹ ش‬ ‫ر دن او‬ ‫ى ا‬ ‫ ا‬، ‫ا را اور ں ن‬
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TradeBook ‫ٹ‬By‫ او‬M.Ali ‫دن‬ ‫اور ى ر ن ور ا ۔‬
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By M.Ali ‫آؤٹ‬ ‫او‬By M.Ali

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By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ں‬
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‫ورى‬ ‫ٹ‬ ،‫ن ح‬
TradeBook ‫ ں‬By ‫ اور‬M.Ali
‫م‬

TradeBook By M.Ali ‫۔‬ ‫ ل‬TradeBook

‫ د رٹ نا‬، By
،‫ رے‬M.Ali
‫ا ا‬ TradeBook
‫ا ن‬ ‫اور‬By M.Ali

TradeBook
Inverse Head By M.Ali
& Shoulder Chart : By M.Ali TradeBook By M.Ali
TradeBook
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 17

Cup & Handle (Bullish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, theBy"cupM.Ali TradeBook
and handle" By M.Ali
pattern is a bullish continuation TradeBook By M.Ali
pattern that indicates
a potential resumption of an uptrend after a period of consolidation. It is a visual
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
pattern that resembles a cup (U-shaped) followed by a smaller handle (a slight
TradeBook
downward drift ByorM.Ali TradeBook
consolidation) By M.Ali TradeBook By M.Ali
on a price chart.
TradeBook
The cup and By handle M.Ali
patternTradeBook By M.Ali
consists of the following components:TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Cup:
TradeBook
The cup is the By rstM.Ali TradeBook
part of the By M.Ali
pattern, characterized TradeBook
by a U-shaped curve formedByas M.Ali
TradeBook By M.Ali
the price reaches TradeBook
a peak, pulls back, and then By M.Ali
gradually rises TradeBook
again. The bottomBy M.Ali
of the
cup represents a support level. The duration of the cup formation can vary, ranging
TradeBook By M.Ali
from a few weeks to severalTradeBook
months. By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Handle:
TradeBook
The handle isBy the M.Ali
second partTradeBook By M.Ali
of the pattern, forming after theTradeBook
completion of the Bycup.M.Ali
TradeBook Bysmaller
It is a relatively M.Ali TradeBook
downward By M.Ali
drift or consolidation TradeBook
period that follows theBy cup M.Ali
formation. The handle can take the form of a slight downward slope, a sideways range,
TradeBook
or a shallow By M.Ali The
retracement. TradeBook
handle formation By M.Ali
typically lastsTradeBook By M.Ali
for a shorter period
compared to the cup.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Breakout: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The breakout is the key event in the pattern and occurs when the price breaks above
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
the resistance level formed by the rim of the cup. The breakout from the handle
TradeBook
conrms theBy M.Ali
pattern TradeBook
and suggests a potential By M.Ali ofTradeBook
continuation By M.Ali
the previous uptrend.
Traders often look for increased trading volume accompanying the breakout as a sign
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
of market conviction.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The cup and handle pattern is considered a bullish continuation pattern because it
TradeBook
suggests that By theM.Ali
underlying TradeBook By
uptrend is likely to M.Ali
resume afterTradeBook
the consolidation By M.Ali
period.
TradeBook
Traders may By look M.Ali
for entry opportunities
TradeBook whenBythe price
M.Ali breaks
the cup and handle formation, as it indicates renewed buying pressure and the
out above the rim
TradeBook By of M.Ali

TradeBook
potential forBy M.Ali
further upwardTradeBook
movement. By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook
It's important to note that like cup andTradeBook
BytheM.Ali
any chart pattern, handle pattern is By
not M.Ali
TradeBook
infallible andBy M.Ali
should be usedTradeBook Byother
in conjunction with M.Ali TradeBook
technical indicators andBy M.Ali
analysis
methods to increase the probability of successful trades.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ر دو رہ وع‬ ‫ا م ت‬ ‫ن‬ ‫ل" ن ى رىر‬ ‫" ا‬،
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‫ا‬ ‫ى‬ ‫۔ ا‬ )U-shaped) ‫ل)ا‬ ‫رٹ ا‬ ‫ر‬
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TradeBook By M.Ali TradeBook By M.Ali‫ ۔‬TradeBook ( ‫ ف‬By M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

 How To Day Trade For Living 18

TradeBook By M.Ali TradeBook By M.Ali : TradeBook

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Cup & Handle Chart :
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 19

Inverse Cup & Handle (Bearish)

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TradeBook Byand
The "inverse cup M.Alihandle"TradeBook
pattern, also known the "cupTradeBook
ByasM.Ali and handle bottom," Byis M.Ali
a
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bearish reversal M.AlithatTradeBook Bytrend
indicates a potential M.Ali TradeBook
reversal from an uptrend By to aM.Ali
downtrend. It is essentially the mirror image of the bullish cup and handle pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The inverse cup and handle pattern consists of the following components:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Cup: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The cup is the rst part of the pattern, resembling an inverted U-shaped curve. It is
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
formed as the price reaches a bottom, rallies, and then gradually declines again. The
TradeBook
top of the cupByrepresents
M.Ali a TradeBook
resistance level. The By M.Ali
duration TradeBook
of the cup formation canBy M.Ali
vary.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Handle: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The handle is the second part of the pattern and forms after the completion of the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
cup. It is a smaller upward drift or consolidation period that follows the cup formation.
TradeBook
The handle canBytakeM.Ali TradeBook
the form of a slight upwardByslope,
M.Ali TradeBook
a sideways By M.Ali
range, or a shallow
retracement. The handle formation typically lasts for a shorter period compared to the
TradeBook
cup. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Breakdown:
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The breakdown ByisM.Ali TradeBook
the key event in the pattern By M.Aliwhen
and occurs TradeBook
the price breaksBybelow M.Ali
TradeBook By formed
the support level M.AlibyTradeBook
the bottom of theBy cup. M.Ali TradeBook
The breakdown By M.Ali
from the handle
conrms the pattern and suggests a potential continuation of the previous downtrend.
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Traders oftenBy lookM.Ali TradeBook
for increased trading volume By M.Ali TradeBook
accompanying the breakdown as Bya M.Ali
sign of market conviction.
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TradeBook Byand
The inverse cup M.Ali
handle TradeBook
pattern is consideredBya bearish TradeBook
M.Alireversal By itM.Ali
pattern because
suggests that the underlying uptrend is likely to reverse and transition into a
TradeBook
downtrend. By M.Ali
Traders may lookTradeBook By M.Ali
for entry opportunities when theTradeBook
price breaks down By M.Ali
TradeBook By M.Ali
below the support TradeBook
level formed by the bottomBy M.Ali
of the cup and TradeBook
handle formation, By as itM.Ali
indicates renewed selling pressure and the potential for further downward movement.
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As with any By
TradeBook chartM.Ali
pattern, it's important to use the inverse cup and handle pattern in
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conjunction with other technical indicators and analysis methods to increase the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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‫ا‬ ‫۔ او ى‬ By‫ دو رہ‬M.Ali
‫آ‬
 How To Day Trade For Living 20

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:‫ل‬
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‫آ ۔‬ ‫ا م ت‬ ‫ف‬ ‫او‬ ‫۔ ا‬ ‫اور‬ ‫ل ن دو ا‬
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‫ت‬ ‫ا‬ ‫م ر‬ ‫۔ ل‬ ‫ا ر‬ ‫ ا ر‬، ‫ وےر‬،‫ل او ڈ ان‬
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‫۔‬ ‫ر‬
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TradeBook By M.Ali TradeBook By M.Ali TradeBook:‫ڈاؤن‬ By M.Ali
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‫ب رت ا‬ By‫ ل‬M.Ali
‫ا‬
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Inverse Cup & Handle Chart :
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 21

Falling Wedge (Bullish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aBy M.Ali
falling TradeBook
wedge pattern is a bullish By
chartM.Ali TradeBook
pattern that By M.Ali
indicates a potential
TradeBook By
trend reversal fromM.Ali
a downtrend
TradeBookto an uptrend. By It isM.Ali
trendlines that slope downward, creating a wedge-like shape.
characterized
TradeBookby convergingBy M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The falling wedge pattern consists of the following components:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Upper Trendline:
The upper trendline is drawn by connecting the descending highs or swing highs in
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
the price chart. It represents the resistance level that the price is facing.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Lower Trendline:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The lower trendline is drawn by connecting the descending lows or swing lows in the
TradeBook By
price chart. It M.AlitheTradeBook
represents support level thatBy M.Ali
the price TradeBook By M.Ali
is nding.
TradeBook By
As the falling wedgeM.Ali TradeBook
pattern By M.Ali
forms, the price typically TradeBook
contracts By M.Ali
within the converging
TradeBook By M.Ali
trendlines, indicating TradeBook
a decrease By M.Ali
in selling pressure. TradeBook
This contraction ByaM.Ali
often signies
period of consolidation or a pause in the downtrend. The pattern suggests that buyers
TradeBook
are becoming By moreM.Ali TradeBook
dominant, and the potential a bullishTradeBook
ByforM.Ali reversal is building.By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Once the falling wedge pattern is formed, traders watch for a breakout to the upside.
TradeBook
The breakout By M.Ali
occurs TradeBook
when the price breaks above Bythe upper TradeBook
M.Ali trendline, indicatingBy thatM.Ali
the bullish momentum has gained strength and the downtrend may be reversing.
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Traders oftenBy lookM.Ali TradeBook
for increased trading volume By M.Ali TradeBook
accompanying the breakout as Bya M.Ali
TradeBook
conrmationBy M.Ali TradeBook By M.Ali TradeBook By M.Ali
signal.

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The target for M.Ali
a falling TradeBook
wedge pattern is typically M.Ali byTradeBook
Bymeasured taking the heightBy M.Ali
of the
TradeBook
wedge at itsBy widestM.Ali
point and projecting it upward
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M.Ali breakout level. ThisBy M.Ali
provides an estimated price target for the potential upward move.
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It's important to note that the falling wedge pattern is not infallible and should be
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
used in conjunction with other technical indicators and analysis methods to increase
TradeBook ByofM.Ali
the probability successfulTradeBook By M.Ali
trades. False breakouts TradeBook
or invalidations Bycan
of the pattern M.Ali
occur, so risk management and conrmation signals are crucial when trading based on
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
chart patterns.
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‫ر ن او ر ن ف ر ن ا‬ ‫ى رٹ ن‬ ‫نا‬ ‫او‬ ،
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‫۔‬
TradeBook By M.Ali، TradeBook ‫فڈ ان‬ ‫وں‬
By M.Ali TradeBook By M.Ali
‫ر ن‬ ‫۔اس‬

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: ‫درجذ ا اء‬
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TradeBook By M.Ali TradeBook By M.Ali TradeBook : By‫ ى‬M.Ali
‫او‬
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‫۔‬ By M.Ali TradeBook ‫۔ ا‬ ‫ ر‬By ‫ڑ‬ M.Ali‫ ں‬TradeBook
‫رٹ و‬ By‫ى‬M.Ali
‫او‬
 How To Day Trade For Living 22

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

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‫ز‬
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‫رٹ و‬ By M.Ali
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‫۔‬ By M.Ali‫دؤ‬ TradeBook
‫و‬ ، ‫ا ر‬ ‫م ر ر‬TradeBook
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‫ ارز دہ‬TradeBook ‫۔ ن‬ By M.Ali‫ ا و‬TradeBook
‫ر ن‬ ‫ا م ت‬By ‫ ا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫ ا ن ھر ۔‬By M.Ali ‫ا‬
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TradeBook ‫ او ى‬By M.Ali TradeBook
‫آؤٹاسو‬ ‫۔‬ ‫د‬ ‫ ا‬، TradeBook By
By M.Ali
‫آؤٹ‬ ‫ ر‬M.Ali
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‫ ر ط‬M.Ali
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TradeBook By M.Ali TradeBook By ‫ ۔‬M.Ali
‫ش‬ TradeBook
‫ا‬ ‫ر‬ ‫ آؤٹ‬By‫ ر‬M.Ali
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TradeBook‫ف‬By ‫او‬M.Ali ‫ آؤٹ ل‬TradeBook
‫اورا‬ ‫ڑے م‬By ‫اس‬
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‫ن ف م ر‬ ‫ و‬By M.Ali
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‫ب رت ا ت‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬ ‫ ا‬TradeBook ‫اور‬ ‫ ر‬By‫ و‬M.Ali
TradeBook By M.Ali
Falling Wedge ChartTradeBook
: By M.Ali TradeBook By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 23

Rising Wedge (Bearish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, a By
risingM.Ali TradeBook
wedge pattern By M.Ali
is a bearish chart TradeBook
pattern that By M.Ali
indicates a potential
TradeBook
trend reversalBy fromM.Ali
an uptrend to a downtrend.
TradeBook It isM.Ali
By TradeBook
characterized by convergingBy M.Ali
trendlines that slope upward, creating a wedge-like shape.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The rising wedge pattern consists of the following components:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Upper Trendline:
The upper trendline is drawn by connecting the ascending highs or swing highs in the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
price chart. It represents the resistance level that the price is encountering.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Lower Trendline:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The lower trendline is drawn by connecting the ascending lows or swing lows in the
TradeBook
price chart. ItBy M.AlitheTradeBook
represents support level that By M.Ali
the price TradeBook By M.Ali
is nding.
TradeBook By M.Ali forms, the price typically
As the rising wedge pattern TradeBook By M.AlicontractsTradeBook By M.Ali
within the converging
TradeBook By M.Ali
trendlines, indicating TradeBook
a decrease By M.Ali
in buying pressure. TradeBook
This contraction ByaM.Ali
often signies
period of consolidation or a pause in the uptrend. The pattern suggests that sellers
TradeBook
are becomingBy moreM.Ali TradeBook
dominant, and the potential a bearishTradeBook
ByforM.Ali reversal is building. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Once the rising wedge pattern is formed, traders watch for a breakdown to the
TradeBook
downside. The Bybreakdown
M.Ali occurs
TradeBook
when the priceBybreaks
M.Ali TradeBook
below the lower trendline,By M.Ali
indicating that the bearish momentum has gained strength and the uptrend may be
TradeBook By M.Ali for increased trading
reversing. Traders often lookTradeBook Byvolume TradeBook
M.Aliaccompanying the By M.Ali
TradeBook
breakdown as By M.Ali TradeBook
a conrmation signal. By M.Ali TradeBook By M.Ali
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The target forBy M.Ali
a rising wedgeTradeBook
pattern is typicallyBy M.AlibyTradeBook
measured taking the height By of theM.Ali
TradeBook
wedge at its BywidestM.Ali TradeBook
point and By
projecting it downward M.Ali
from theTradeBook By M.Ali
breakout level. This
provides an estimated price target for the potential downward move.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
It's important to note that the rising wedge pattern is not infallible and should be
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
used in conjunction with other technical indicators and analysis methods to increase
TradeBook Byof M.Ali
the probability successfulTradeBook By M.Ali
trades. False breakdowns TradeBook
or invalidations By M.Ali
of the pattern
can occur, so risk management and conrmation signals are crucial when trading
TradeBook
based on chartBypatterns.
M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By ‫ا‬M.Ali ‫ف ر ن‬TradeBook‫ر ن‬ ‫ او‬By ‫ ش رٹ‬TradeBook
‫ ن‬M.Ali ‫نا‬ ‫او‬ ‫ا‬، By M.Ali
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By M.Ali TradeBook ‫وں‬ ‫ر ن‬
By
‫۔اس‬
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: ‫او ى‬
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TradeBook By M.Ali ‫ ا‬TradeBook ‫۔‬ ‫ڑ ر‬ ‫ں‬ ‫رٹ‬
By M.Ali TradeBook By M.Ali
‫او ى‬
‫۔‬
 How To Day Trade For Living 24

TradeBook By M.Ali TradeBook By M.Ali TradeBook : ‫ ن‬By ‫ ر‬M.Ali

‫ز‬
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‫ا‬ ‫اور‬
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 25

Double Bo om (Bullish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aBy M.Ali
double bottomTradeBook
pattern is a bullishBy patternTradeBook
M.Ali
chart that indicates a By M.Ali
potential trend reversal from a downtrend to an uptrend. It is characterized by two
TradeBook By M.Ali TradeBook
consecutive troughs (or lows) By M.Ali
that are approximately
TradeBook By M.Ali
equal, followed by a price
TradeBook By aM.Ali
breakout above resistanceTradeBook
level. By M.Ali TradeBook By M.Ali
TradeBook
The double BybottomM.AlipatternTradeBook By M.Ali
consists of the following TradeBook By M.Ali
components:
TradeBook
First Bo om: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The rst bottom is formed as the price declines to a certain level and then rebounds.
TradeBook
It representsBy M.AlilevelTradeBook
a support where buying pressure begins toTradeBook
By M.Ali outweigh selling By M.Ali
TradeBook
pressure. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Rally and Pullback:
TradeBook By M.Ali TradeBook
After the rst bottom, the price By M.Ali
rallies but subsequently TradeBook
retraces back down. This By M.Ali
TradeBook By the
pullback creates M.Ali TradeBook
formation By M.Ali
of the second bottom, whichTradeBook
is also approximately By M.Ali
equal to the rst bottom.
TradeBook
Neckline: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The necklineBy M.Ali TradeBook
is a horizontal line drawn across By M.Ali
the highs TradeBook
between the two bottoms.By ItM.Ali
acts as a resistance level that the price needs to break above to conrm the pattern.
TradeBook
Breakout: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The breakout By M.Ali
occurs when theTradeBook
price breaks aboveBy the
M.Ali TradeBook
neckline, By M.Ali
indicating a potential
trend reversal and the start of an uptrend. Traders often look for increased trading
TradeBook By M.Ali
volume accompanying the TradeBook By M.Ali
breakout as a conrmation signal.TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The double bottom pattern suggests that the selling pressure has exhausted and
TradeBook By M.Ali
buyers are stepping TradeBook
in, leading to a potential By of the TradeBook
M.Ali
reversal previous downtrend. ByTheM.Ali
pattern is considered complete and conrmed when the price breaks above the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
neckline, triggering a bullish signal.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often use the height of the pattern (measured from the neckline to the
TradeBook
bottoms) toBy M.Ali
estimate TradeBook
a potential price target for upwardTradeBook
BytheM.Ali By M.Ali
move after the breakout.
TradeBook
Additionally,BysomeM.Ali TradeBook
traders may By M.Ali
apply other technical analysisTradeBook By M.Ali
tools, such as Fibonacci
retracement levels or moving averages, to further validate the pattern and identify
TradeBook ByorM.Ali
potential entry exit points.TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
As with any chart pattern, it's important to use the double bottom pattern in
TradeBook
conjunctionBy withM.Ali TradeBook
other technical indicators and Byanalysis
M.Ali TradeBook
methods By M.Ali
to increase the
probability of successful trades and to account for any potential false signals.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ر ن او ر ن ف ر ن ا‬ ‫ى رٹ ن‬ ‫نا‬ ‫ا ڈ‬،
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‫۔‬ ‫آؤٹ‬ ‫او‬ ‫ا‬ ‫اس‬، ‫ً ا‬
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)‫ردو ں‬ ‫۔اس‬
By M.Ali
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By M.Ali
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TradeBook
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‫۔‬ ‫اور ر ؤ‬By M.Ali ‫ ص‬TradeBook
‫ا‬ ‫اسو‬By M.Ali
‫۔‬ ‫وع‬ ‫د ؤ ز دہ‬ ‫و‬
 How To Day Trade For Living 26

TradeBook By M.Ali TradeBook By M.Ali TradeBook :

By‫اور‬M.Ali
‫ر‬
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، ‫ا‬ ‫دو ے‬ ‫۔‬ ‫ف‬ ‫وا‬ ‫ ں ا‬،
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‫۔‬ ‫ا‬
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‫او‬
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By M.Ali
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‫۔‬ By ‫ آ ز‬M.Ali
‫اوراو ىر ن‬TradeBook
‫ر ن ا‬ ، By ‫ٹ‬M.Ali ‫او‬ TradeBook‫اسو‬By ‫ آؤٹ‬M.Ali
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‫آؤٹ‬ ‫ر‬ By M.Ali
‫ا‬
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‫۔‬ ‫د‬ By
‫ ر‬M.Ali ‫ر ن‬ TradeBook‫و‬ ، ‫ر‬By ‫ اور ار‬TradeBook
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‫ن‬ ‫ڈ‬
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، ‫او ٹ‬ By M.Ali TradeBook ‫اوراس‬ By ‫ن‬M.Ali
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‫( آؤٹ‬ By M.Ali ‫ ) دن‬TradeBook
‫ا ل‬ ‫ ن او‬By‫رزا‬M.Ali
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‫اور‬ TradeBook
‫در‬ ‫ن‬ ،‫ آں‬By ‫ ۔‬M.Ali
TradeBook By M.Ali TradeBook Fibonacci M.Ali TradeBook
By retracement‫۔‬ ‫ا ر ا ق‬By ‫ و‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫ ل‬By ‫ ن ا‬M.Ali ‫ ڈ‬TradeBook
‫ں‬ By‫ ا‬M.Ali
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‫ ورى‬،‫ ن ح‬By ‫ رٹ‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ By M.Ali TradeBook
‫اور‬ ‫رت ا ت‬ By‫ب‬M.Ali
TradeBook By M.Ali :
Double Bo om ChartTradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 27

Double Top (Bearish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aBy M.Ali
double TradeBook
top pattern By pattern
is a bearish chart M.Alithat TradeBook By M.Ali
indicates a potential
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trend reversal M.Ali TradeBook
an uptrend to a downtrend.By M.Ali
It is TradeBook
characterized By M.Ali
by two consecutive
peaks (or highs) that are approximately equal, followed by a price breakdown below
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
a support level.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The double top pattern consists of the following components:
TradeBook
First Top: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The rst top is formed as the price rallies to a certain level and then retraces. It
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
represents a resistance level where selling pressure begins to outweigh buying
TradeBook
pressure. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Decline and
TradeBook ByPullback:
M.Ali TradeBook By M.Ali TradeBook By M.Ali
After the rst top, the price declines but subsequently rallies back up. This pullback
TradeBook By M.Ali
creates the formation TradeBook
of the second top, which By M.Ali
is also TradeBook
approximately Byrst
equal to the M.Ali
top.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Neckline:
TradeBook
The necklineByis a M.Ali
horizontalTradeBook
line drawn across By M.Ali
the lows TradeBook
between the two tops. ItBy actsM.Ali
as a support level that the price needs to break below to conrm the pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Breakdown:
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The breakdownBy occurs
M.Ali whenTradeBook
the price breaks By
belowM.Ali TradeBook
the neckline, indicating a By M.Ali
potential trend reversal and the start of a downtrend. Traders often look for increased
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
trading volume accompanying the breakdown as a conrmation signal.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The double top pattern suggests that the buying pressure has exhausted and sellers
TradeBook
are steppingBy M.Alito TradeBook
in, leading a potential reversalByof theM.Ali
previousTradeBook
uptrend. The patternBy isM.Ali
TradeBook By M.Ali
considered complete TradeBook
and conrmed when theBypriceM.Ali TradeBook
breaks below the neckline,By M.Ali
triggering a bearish signal.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often use the height of the pattern (measured from the neckline to the tops)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
to estimate a potential price target for the downward move after the breakdown.
TradeBook
Additionally,By
some M.Ali TradeBook
traders may By M.Ali
apply other technical analysisTradeBook By M.Ali
tools, such as Fibonacci
retracement levels or moving averages, to further validate the pattern and identify
TradeBook ByorM.Ali
potential entry TradeBook By M.Ali TradeBook By M.Ali
exit points.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
As with any chart pattern, it's important to use the double top pattern in conjunction
TradeBook By M.Ali
with other technical TradeBook
indicators By M.Ali
and analysis methods TradeBook
to increase the probabilityBy of M.Ali
TradeBook By M.Ali
successful trades TradeBook
and to account By false
for any potential M.Ali TradeBook By M.Ali
signals.

TradeBook ‫ ۔اس‬By‫ رہ‬M.Ali

‫ر ن فا‬TradeBook ‫ ر ن او‬By ‫ ا‬M.Ali‫ش رٹ ن‬TradeBook ‫ا ڈ پ نا‬،By M.Ali
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(‫ ردو ں) او ں‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali: TradeBook ‫ ن ر ذ ا اء‬By ‫ پ‬M.Ali
‫ڈ‬
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TradeBook ‫دؤ‬ ‫و‬By
‫ ں‬M.Ali TradeBook ‫۔ ا‬ By‫اور‬M.Ali TradeBook ‫ں ا‬ ‫ ص‬By ‫ پا‬M.Ali
‫۔‬ ‫وع‬ ‫ارى د ؤ ز دہ‬
 How To Day Trade For Living 28

TradeBook By M.Ali TradeBook By M.Ali TradeBook: By‫راور‬M.Ali ‫ا‬

TradeBook‫ا‬ By، M.Ali
‫ا‬ TradeBook
‫دو ے پ‬ ‫ ۔‬By ‫ ر ں‬TradeBook
‫ اپ‬M.Ali ‫آ‬ ، By M.Ali
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TradeBook
‫ف ا ازہ‬ By M.Ali ‫ ف‬TradeBook ‫( ا‬ By ‫ ) دن‬TradeBook
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‫د‬ TradeBook
‫ر را ں‬ ‫ دا‬By‫ اور‬M.Ali‫ در‬TradeBook
‫ن‬ ،‫آں‬ ‫ ۔‬By M.Ali

TradeBook By M.Ali TradeBook M.Ali TradeBook

Byretracement
Fibonacci ‫۔‬ ‫ ا ر ا ق‬By ‫ و‬M.Ali
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TradeBook
‫ب‬ ‫ ل‬By
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‫رےاور‬ ‫ ورى‬،‫رٹ ن ح‬ By M.Ali
TradeBook By M.Ali TradeBook ‫ ۔‬By M.Ali TradeBook ‫اور‬ ‫ ت‬By ‫رت ا‬M.Ali
Double Top Bearish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 27

Triple Bo om (Bullish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aBytripleM.Ali TradeBook
bottom pattern is a bullish By
chart M.Ali TradeBook
pattern that By M.Ali
indicates a potential
trend reversal from a downtrend to an uptrend. It is characterized by three
TradeBook
consecutive BytroughsM.Ali
(or lows)TradeBook By M.Ali
that are approximately TradeBook
equal, followed by a priceBy M.Ali
TradeBook ByaM.Ali
breakout above resistanceTradeBook
level. By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
The triple bottom TradeBook
pattern consists By M.Ali
of the following components:TradeBook By M.Ali
TradeBook
First Bo om: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The rst bottom is formed as the price declines to a certain level and then rebounds.
TradeBook
It representsBy M.Ali
a support levelTradeBook
where buying pressure begins toTradeBook
By M.Ali outweigh selling By M.Ali
pressure. By M.Ali
TradeBook TradeBook By M.Ali TradeBook By M.Ali
Rally and Pullback:
TradeBook By
After the rst M.Ali
bottom, TradeBook
the price By M.Ali
rallies but subsequently TradeBook
retraces back down. This By M.Ali
TradeBook By the
pullback creates M.Ali
formationTradeBook By M.Ali
of the second bottom, which TradeBook
is also approximately By M.Ali
equal to the rst bottom.
TradeBook
Second Rally Byand M.Ali TradeBook By M.Ali TradeBook By M.Ali
Pullback:
TradeBook By M.Ali
After the second bottom, the TradeBook
price rallies onceBy M.Ali
again TradeBook
but retraces back down. ThisBy M.Ali
forms the third bottom, which is also approximately equal to the previous two
TradeBook
bottoms. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Neckline: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The neckline is a horizontal line drawn across the highs between the bottoms. It acts
TradeBook Bylevel
as a resistance M.Ali
that theTradeBook
price needs to break Byabove
M.Ali TradeBook
to conrm the pattern.By M.Ali
TradeBook
Breakout: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The breakout occurs when the price breaks above the neckline, indicating a potential
TradeBook By
trend reversal andM.Ali
the start TradeBook
of an uptrend. Traders By often
M.Ali lookTradeBook
for increased tradingBy M.Ali
TradeBook By M.Ali
volume accompanying the breakout
TradeBook as a conrmation
By M.Ali signal.TradeBook By M.Ali

TradeBook By M.Ali
The triple bottom TradeBook
pattern suggests By M.Ali
that the selling TradeBook
pressure has exhausted and By M.Ali
buyers
are stepping in, leading to a potential reversal of the previous downtrend. The
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
pattern is considered complete and conrmed when the price breaks above the
TradeBook By M.Ali
neckline, triggering a bullishTradeBook
signal. By M.Ali TradeBook By M.Ali
TradeBook
Traders oftenBy useM.Ali
the heightTradeBook By M.Ali
of the pattern (measured TradeBook
from the neckline to the By M.Ali
TradeBook
bottoms) toBy M.Ali
estimate TradeBook
a potential price target forBy upwardTradeBook
M.Ali
the By M.Ali
move after the breakout.
Additionally, some traders may apply other technical analysis tools, such as Fibonacci
TradeBook
retracementBy levelsM.Ali
or moving TradeBook
averages, to further M.AlitheTradeBook
Byvalidate By M.Ali
pattern and identify
potential entry
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TradeBook
As with any BychartM.Ali TradeBook
pattern, it's important to useBy the M.Ali TradeBook
triple bottom pattern in By M.Ali
conjunction with other technical indicators and analysis methods to increase the
TradeBook By
probability of M.Alitrades
successful TradeBook
and to accountBy M.Ali
for any TradeBook
potential false signals. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ر ن او ر ن ف ر ن ا‬ ‫ى رٹ ن‬ ‫نا‬ ،
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫آؤٹ ا‬
TradeBook By M.Ali‫اس‬، TradeBook ‫ً ا‬ ( )‫ں‬ ‫ر‬
By M.Ali TradeBook By M.Ali
‫۔اس‬
‫۔‬ ‫او‬
 How To Day Trade For Living 30

TradeBook By M.Ali TradeBook By M.Ali : TradeBook ‫ن ر ذ ا اء‬By M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By : M.Ali

TradeBook
‫دؤ و‬ ‫ں‬By M.Ali‫ ل‬TradeBook
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TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫وع‬ ‫ دہ‬By

‫د ؤ ز‬M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook : By ‫ اور‬M.Ali

‫ر‬
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TradeBook By M.Ali TradeBook By M.Ali TradeBook : ‫اور‬By ‫ ىر‬M.Ali
‫دو‬
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، ‫ا‬ ‫ ۔‬By‫ آ‬M.Ali‫ا وا‬ TradeBook
‫ ں ا ر ا‬، By ‫ ے‬M.Ali
‫دو‬
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‫او‬ By ‫ن‬M.Ali TradeBook
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By:‫ ڑ‬M.Ali
TradeBook
‫۔‬ By‫ ز‬M.Ali
‫او ىر ن آ‬TradeBook
‫اور‬ ‫ر ن ا‬ ،By ‫ٹ‬ M.Ali ‫او‬ TradeBook‫اسو‬By ‫ آؤٹ‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ش‬By ‫ ا‬M.Ali ‫ ر‬TradeBook
‫آؤٹ‬ ‫ر‬ By M.Ali ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫۔‬ ‫د‬ By‫ ر‬M.Ali
‫ ر ن‬TradeBook ‫و‬ ، ‫ر‬By ‫ اور ار‬TradeBook
‫ م‬M.Ali ‫دؤ‬ ‫و‬ ‫ن‬By M.Ali
TradeBook By‫ ۔‬M.Ali ‫ ى ا رہ‬TradeBook ، ‫ او ٹ‬By M.Ali TradeBook ‫اوراس‬ By‫ن‬M.Ali
TradeBook
‫ ف ا ازہ‬By M.Ali ‫ف‬ ‫او‬TradeBook
‫( آؤٹ‬ By M.Ali ‫) دن‬TradeBook
‫ا ل‬ ‫ ن او‬By‫رزا‬M.Ali
TradeBook ،‫ آ ت‬By M.Ali ‫د‬ TradeBook ‫ ر را ں‬By ‫ دا‬M.Ali
‫اور‬ TradeBook
‫در‬ ‫ن‬ ،‫ آں‬By ‫ ۔‬M.Ali
TradeBook By M.Ali TradeBook Fibonacci M.Ali TradeBook
By retracement ‫۔‬ ‫ ا ر ا ق‬By ‫ و‬M.Ali
TradeBook
‫ ا رےاور‬By ‫دو ے‬M.Ali ‫ب‬TradeBook ‫ب‬ By
‫ اور‬M.Ali ‫ ا ن‬TradeBook
‫ ب رت‬،‫رٹ ن ح‬ By M.Ali
TradeBook By M.Ali TradeBook By ‫ورى ۔‬ M.Ali ‫ ل‬TradeBook
‫نا‬ By
‫ ں‬M.Ali
Triple Bo om Bullish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 31

Triple Top (Bearish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aBy M.Ali
triple TradeBook
top pattern is a bearish chartBypattern
M.Ali thatTradeBook By M.Ali
indicates a potential
trend reversal from an uptrend to a downtrend. It is characterized by three
TradeBook
consecutiveBy peaks M.Ali
(or highs)TradeBook By M.Ali
that are approximately TradeBook
equal, followed by a price By M.Ali
TradeBook
breakdownBy below M.Ali
a support level.
TradeBook By M.Ali TradeBook By M.Ali
TradeBook Bypattern
The triple top M.Ali TradeBook
consists of the following By M.Ali TradeBook By M.Ali
components:
First Top: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The rst top is formed as the price rallies to a certain level and then retraces. It
TradeBook
represents aBy M.AlilevelTradeBook
resistance begins toTradeBook
By M.Ali
where selling pressure outweigh buying By M.Ali
pressure.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Decline and Pullback:
TradeBook Bytop,M.Ali
After the rst the priceTradeBook By M.Ali
declines but subsequently ralliesTradeBook By M.Ali
back up. This pullback
creates the By
TradeBook formation
M.Ali of the second top, which
TradeBook By is also approximately
M.Ali TradeBook equal to the
By rst
M.Ali
top.
TradeBook By M.Ali
Second Decline TradeBook By M.Ali TradeBook By M.Ali
and Pullback:
TradeBook By M.Ali
After the second top, the price declines once By
TradeBook againM.Ali
but rallies
third top, which is also approximately equal to the previous two tops.
back up. This forms
TradeBook BytheM.Ali
TradeBook
Neckline: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The necklineBy is a M.Ali
horizontalTradeBook
line drawn across By M.Ali
the lows TradeBook
between By
the tops. It acts as aM.Ali
support level that the price needs to break below to conrm the pattern.
TradeBook
Breakdown: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The breakdownBy occurs
M.Aliwhen TradeBook
the price breaksBy below M.Ali TradeBook
the neckline, indicating a By M.Ali
potential trend reversal and the start of a downtrend. Traders often look for increased
TradeBook By accompanying
trading volume M.Ali TradeBook the breakdownBy as aM.Ali TradeBook
conrmation signal. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The triple top pattern suggests that the buying pressure has exhausted and sellers are
TradeBook
stepping in,By M.Ali
leading TradeBook
to a potential reversal of By TradeBook
M.Ali uptrend.
the previous The pattern Byis M.Ali
considered complete and conrmed when the price breaks below the neckline,
TradeBook
triggering aBy M.Ali
bearish signal.TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often use the height of the pattern (measured from the neckline to the tops)
TradeBook
to estimateBy M.AlipriceTradeBook
a potential By M.Ali
target for the downward moveTradeBook
after the breakdown. By M.Ali
Additionally,
TradeBook By some traders may apply other technical analysis tools, such as Fibonacci
M.Ali TradeBook By M.Ali TradeBook By M.Ali
retracement levels or moving averages, to further validate the pattern and identify
TradeBook ByorM.Ali
potential entry TradeBook By M.Ali TradeBook By M.Ali
exit points.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
As with any chart pattern, it's important to use the triple top pattern in conjunction
TradeBook By M.Ali
with other technical TradeBook
indicators By M.Ali
and analysis methods TradeBook
to increase the probabilityByof M.Ali
successful trades and to account for any potential false signals.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By‫ ا‬M.Ali ‫ف ر ن‬TradeBook ‫ر ن‬ ‫ او‬By‫ ن‬M.Ali‫ ش رٹ‬TradeBook
‫پ نا‬ ‫ا‬،By M.Ali
TradeBook ‫ل‬By‫رٹ‬M.Ali‫اس‬TradeBook ، ‫ً ا‬ By (‫ں‬M.Ali ‫ں) او‬TradeBook
‫ر‬ By
‫اس‬ ‫ ۔‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook‫ ۔‬By ‫ٹ‬M.Ali
 How To Day Trade For Living 32

TradeBook By M.Ali TradeBook By M.Ali: TradeBook ‫ ن ر ذ ا اء‬By ‫ پ‬M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By :‫ پ‬M.Ali
TradeBook‫دؤ‬ ‫و‬By ‫ ں‬M.Ali TradeBook ‫۔ ا‬ By‫ اور‬M.Ali TradeBook‫ں ا‬ ‫ ص‬By ‫ پا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali‫ ۔‬TradeBook ‫وع‬ ‫ د ؤ ز دہ‬By ‫ ارى‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook : By ‫ راور‬M.Ali
‫ا‬
TradeBook By ،
M.Ali
‫ا‬
TradeBook
‫دو ے پ‬ ‫۔‬
By M.Ali TradeBook
‫ر ں اپ‬ ‫آ‬ ،
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook‫ ۔‬By M.Ali ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook : ‫دو ى اور‬
By M.Ali
‫ً ا ۔‬
TradeBook By M.Ali‫ دو‬TradeBook
، ‫اپ‬ ‫ر ںوا آ ۔‬
By M.Ali TradeBook ‫ ا ر‬،
By‫ ى‬M.Ali ‫دو‬

TradeBook By M.Ali TradeBook By M.Ali TradeBook : By ‫ دن‬M.Ali

TradeBook By ‫ ن‬M.Ali‫ م‬TradeBook
‫ر‬ ‫ ۔ رٹ ل‬By‫ف‬M.Ali ‫ ن‬TradeBook
‫ں در‬ ‫ ا‬By‫ ا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ ڑ‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By : ‫ا‬M.Ali
TradeBook
‫۔‬ By‫ ز‬M.Ali‫ ر ن آ‬TradeBook
‫اور‬ ‫ ر ن ا‬By، M.Ali ‫ٹ‬ TradeBook
‫دن‬ By
‫ اسو‬M.Ali
‫ا‬
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ش‬By‫ ا‬M.Ali ‫ر‬ TradeBook
‫ر ا‬ By ‫ ا‬M.Ali ‫ا‬
TradeBook ‫ا‬ By‫اپ‬M.Ali‫ و‬TradeBook
، ‫ وا آ ھر‬By‫ اور‬M.Ali ‫ د ؤ‬TradeBook
‫ارى‬ ‫ ن‬By‫ پ‬M.Ali
TradeBook ‫۔‬ ‫رہ‬By ‫ى ا‬M.Ali، TradeBook
‫ٹ‬ ‫دن‬ By M.Ali TradeBook
‫اوراس‬ ‫ ن‬By‫ ۔‬M.Ali
TradeBook
‫ا ل‬ By‫ ں‬M.Ali ‫اور‬TradeBook
‫ ن دو ے ا ر ں‬By ‫ پ‬M.Ali ‫ ورى‬TradeBook
، ‫ رٹ ن‬By M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ By M.Ali
‫اور‬ TradeBook
‫ ب رت ا ت‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Triple Top Bearish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 33

Pennant (Bullish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aBy M.Ali
pennant TradeBook
pattern By M.Ali
is a bullish continuation pattern TradeBook
that forms after By
a M.Ali
strong upward price movement. It is characterized by converging trendlines that
TradeBook By M.Ali
create a triangular TradeBook
shape resembling By M.Ali TradeBook By M.Ali
a pennant.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The pennant pattern consists of the following components:
TradeBook
Pole: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook Byinitial
The pole is the M.Ali strongTradeBook By
upward price movement M.Ali TradeBook
that precedes By
the formation ofM.Ali
the pennant. It represents a signicant and rapid increase in buying pressure.
TradeBook
Flag: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The ag is theByconsolidation
M.Ali TradeBookperiod that followsBy pole. It TradeBook
theM.Ali is characterized by By M.Ali
converging trendlines that form the triangular shape of the pennant. The ag
TradeBook
represents aBy M.Alipause
temporary TradeBook
in the uptrend, By
with M.Ali
buyers and TradeBook
sellers balancingBy theirM.Ali
positions. By M.Ali
TradeBook TradeBook By M.Ali TradeBook By M.Ali
Breakout:
TradeBook
The breakout By M.Ali
occurs when TradeBook By the
the price breaks above upperTradeBook
M.Ali By M.Ali
trendline of the pennant,
signaling the
TradeBook Bycontinuation
M.Ali of the previous bullish
TradeBook By trend.
M.Ali Traders often look for By M.Ali
TradeBook
increased trading volume accompanying the breakout as a conrmation signal.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The pennant pattern suggests that after a strong upward move, the market takes a
TradeBook By M.Ali TradeBook
breather, consolidating within the convergingBy M.Ali
trendlines
TradeBook By M.Ali
of the pennant. This
TradeBook
consolidation Byphase
M.Ali TradeBook
typically pause inTradeBook
By M.Ali
indicates a temporary the uptrend ratherBy thanM.Ali
a reversal. Once the price breaks out above the upper trendline, it indicates that the
TradeBook
buyers haveBy M.Ali
regained TradeBook
control, and the bullish By M.Aliis TradeBook
momentum likely to continue. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often use the height of the pole (measured from the beginning of the pole to
TradeBook
the start of By M.Ali
the ag) TradeBook
to estimate Bytarget
a potential price M.Ali for TradeBook
the continuation ofBy the M.Ali
upward move after the breakout. Additionally, other technical indicators and analysis
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
tools can be used to support the bullish bias and identify potential entry or exit
TradeBook
points. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
It's importantByto M.Ali TradeBook
note that while the pennant By M.Ali
pattern TradeBook
is a bullish continuation By M.Ali
TradeBook
pattern, it isBy
not M.Ali
foolproof TradeBook
and should be used By M.Ali TradeBook
in conjunction By M.Ali
with other technical
analysis tools and indicators to increase the probability of successful trades and
TradeBook
manage riskBy M.Ali TradeBook By M.Ali TradeBook By M.Ali
effectively.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By ‫ ر‬M.Ali‫۔اس‬TradeBook By M.Ali ‫ر وا ن‬TradeBook
‫ن ى رى‬ ،By M.Ali
TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali TradeBook ‫ا‬ By
‫ا‬ M.Ali
TradeBook By M.Ali TradeBook By M.Ali :TradeBook ‫ن ر ذ ا اء‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By: M.Ali
TradeBook ‫ا‬By‫ ى‬M.Ali ‫ںاور‬
TradeBook
‫ارى د ؤ‬ ‫۔‬
By M.Ali TradeBook ‫طاو‬
By‫ا ا‬
M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By ‫۔‬
M.Ali
 How To Day Trade For Living 34

TradeBook By M.Ali TradeBook By M.Ali TradeBook By :‫ ا‬M.Ali

TradeBook
‫ ۔ ااپ‬By M.Ali TradeBook ‫ ر‬By M.Ali ‫آ ۔اس‬TradeBook ‫ت‬ By‫ ا‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ز ں ازنر‬By ‫ اراور‬TradeBook
‫وا ا‬M.Ali ، By
‫ ا ر‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By :‫ ڑ‬M.Ali
TradeBook ‫۔‬ ‫ رہد‬By
‫ا‬ M.Ali
‫ى ر ن‬TradeBook ، ‫ او ٹ‬By M.Ali ‫ او ى‬TradeBook By M.Ali
‫آؤٹاسو‬
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ش‬By ‫ ا‬M.Ali‫ر‬ TradeBook
‫آؤٹ‬ ‫ر‬ By M.Ali
‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫ت ا ر ط‬By‫ ر‬M.Ali TradeBook ، ‫ر ا‬By ، M.Ali ‫ ف‬TradeBook
‫طاو‬ ‫ن‬By M.Ali
TradeBook‫ ى‬By ‫او‬
M.Ali
‫۔ا ر‬
TradeBook ‫ر‬
By‫اپ‬M.Ali TradeBook ‫م ر ا‬ ‫۔ ا م‬
By M.Ali
TradeBook By‫ ۔‬M.Ali TradeBook By‫ول‬M.Ali
‫اور ى ر ر رىر ا ن‬،
TradeBook
‫اروں دو رہ‬ ‫ ا رہ‬،
By‫ آ‬M.Ali
‫او‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫ف‬By ‫او‬M.Ali ‫( آؤٹ‬
TradeBook ‫ے آ ز‬
By M.Ali
‫آ ز‬ )
TradeBook
‫ا ل‬ ‫او‬
By‫ ا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫رٹ اور‬ ‫اوزار ى‬ ‫ا رےاور‬ ‫د‬،‫آں‬ ‫۔‬ ‫ف ا ازہ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ا ل‬ ‫ر را ں‬ ‫دا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫اور‬ ‫اورا دو ے‬ ‫ل وف‬ ، ‫ن‬ ‫ن ى رىر‬ ‫ا‬ ‫ورى‬ ‫ٹ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ےا م‬ ‫اور‬ ‫ب رت ا ت‬ ‫ا ل‬ ‫ا رے‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
Pennant Bullish Chart : TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 35

Pennant (Bearish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aBy M.Ali
pennant TradeBook
pattern can also form asBy M.Ali
a bearish TradeBook
continuation pattern. By
It M.Ali
occurs after a strong downward price movement and is characterized by converging
TradeBook Bycreate
trendlines that M.Ali TradeBook
a triangular By M.Ali
shape resembling TradeBook By M.Ali
a pennant.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The bearish pennant pattern consists of the following components:
TradeBook
Pole: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The pole is By M.Ali
the initial strong downward price By
TradeBook movement
M.Ali that precedes the formation
TradeBook
of the pennant. It represents a signicant and rapid increase in selling pressure.
By M.Ali
TradeBook
Flag: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook Byconsolidation
The ag is the M.Ali TradeBook period that follows
By the pole. It TradeBook
M.Ali is characterized byBy M.Ali
converging trendlines that form the triangular shape of the pennant. The ag
TradeBook
represents aBy M.Alipause
temporary TradeBook Bywith
in the downtrend, M.Ali buyers TradeBook
and sellers balancingBy M.Ali
their positions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Breakdown:
TradeBook
The breakdownBy occurs
M.Aliwhen TradeBook
the price breaksBybelowM.Ali
the lowerTradeBook
trendline of theBy M.Ali
pennant, signaling
TradeBook By the continuation of the previous bearish trend. Traders often look
M.Ali TradeBook By M.Ali TradeBook By M.Ali
for increased trading volume accompanying the breakdown as a conrmation signal.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The bearish pennant pattern suggests that after a strong downward move, the
TradeBook By M.Ali the converging trendlines
market consolidates withinTradeBook By M.Ali of theTradeBook
pennant. This By M.Ali
TradeBook
consolidationByphase
M.Ali TradeBook
typically By M.Ali
indicates a temporary pause inTradeBook
the downtrend rather By M.Ali
than a reversal. Once the price breaks down below the lower trendline, it indicates
TradeBook Byhave
that the sellers M.Ali TradeBook
regained control, and theBy M.Ali
bearish TradeBook
momentum is likely to By M.Ali
TradeBook
continue. By M.Ali TradeBook By M.Ali TradeBook By M.Ali

TradeBook
Traders canBy M.Ali
use the height TradeBook
of the pole (measured By from
M.Ali TradeBook
the beginning BytoM.Ali
of the pole
the start of the ag) to estimate a potential price target for the continuation of the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
downward move after the breakdown. Additionally, other technical indicators and
TradeBook BycanM.Ali
analysis tools be used TradeBook
to support the bearish By bias
M.Ali TradeBook
and identify potential entryByorM.Ali
exit points.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook Byto M.Ali
It's important note that TradeBook By
like any chart pattern, M.Ali
the bearishTradeBook
pennant pattern is By notM.Ali
foolproof and should be used in conjunction with other technical analysis tools and
TradeBook By
indicators to M.Ali
increase TradeBook
the probability By M.Ali
of successful trades and TradeBook By M.Ali
manage risk effectively.
TradeBook ‫ اوراس‬By M.Ali ‫ ط‬TradeBook
‫ا‬ ‫۔‬ By M.Ali
‫ر‬ ‫ ن‬TradeBook ‫ن ش‬ ،By M.Ali
TradeBook By M.Ali‫ ۔‬TradeBook ‫ر‬ ‫ا‬
By M.Ali‫ ا‬TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali :
TradeBook
‫ن ر ذ ا اء‬
By‫ش‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ںاور ى ا‬
TradeBook By M.Ali ‫ؤ‬TradeBook
‫د‬ ‫۔ و‬
By M.Ali TradeBook ‫ط‬
By‫ا ا‬
M.Ali
‫۔‬
 How To Day Trade For Living 36

TradeBook By M.Ali TradeBook By M.Ali TradeBook By:‫ ا‬M.Ali

TradeBook‫ ۔ ا‬By M.Ali TradeBook ‫ ر‬By M.Ali ‫ ۔اس‬TradeBook
‫آ‬ ‫ ت‬By‫ ا‬M.Ali
TradeBook By M.Ali‫ ۔‬TradeBook ‫ ا ز ں ازنر‬By ‫ اراور‬، TradeBook
‫ وا‬M.Ali ‫ ر‬By ‫ن ا‬M.Ali‫ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By: ‫ا‬M.Ali
TradeBook
‫ ۔ ا ا‬By‫رہد‬M.Ali
‫ا‬ TradeBook
‫ن‬ ‫ى ر‬ ، By ‫ آ‬M.Ali TradeBook By ‫ اسو‬M.Ali
‫ا‬
TradeBook By M.Ali TradeBook ‫ ۔‬By ‫ ش‬M.Ali ‫ا‬ TradeBook
‫ر‬ ‫ر ا‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫۔‬ By
‫ر ط‬M.Ali
‫ا‬ TradeBook
‫ر‬ ‫ ر‬، By M.Ali ‫ط‬ TradeBook ‫ ن‬By‫ش‬M.Ali
TradeBook By M.Ali ‫۔ا ر‬
TradeBook‫ ر‬By M.Ali TradeBook
‫ر ن ا‬ ‫م ر ا‬
By‫ م‬M.Ali‫ا‬
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‫اور ى ر ر رىر ا ن‬،
TradeBook‫اس‬By
‫وا ں دو رہ‬ ،
M.Ali
‫آ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫ف‬By M.Ali‫( ا‬TradeBook ‫ے آ ز‬
By M.Ali
‫وع‬
TradeBook
) ‫ا ل‬ ‫او‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫رٹ اور‬ ‫ش‬ ‫ا رےاور‬ ‫د‬،‫آں‬ ‫۔‬ ‫ف ا ازہ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ا ل‬ ‫ر را ں‬ ‫دا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫اورا رے‬ ‫اورا دو ے‬ ‫ن ل وف‬ ‫ ش‬،‫رٹ ن ح‬ ‫ورى‬ ‫ٹ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ےا م‬ ‫اور‬ ‫ب رت ا ت‬ ‫ا ل‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
Pennant Bearish Chart : TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 37

Flag (Bullish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aByag M.Ali
pattern is TradeBook
a bullish continuationBypattern
M.Alithat TradeBook
forms after a strongBy M.Ali
upward price movement. It is characterized by a rectangular-shaped consolidation
TradeBook
period, oftenBy M.Ali
referred to asTradeBook
the ag, which occurs By within TradeBook
M.Alia well-dened By M.Ali
and upward-
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
sloping channel.

TradeBook By consists
The ag pattern M.Ali ofTradeBook By M.Ali TradeBook By M.Ali
the following components:
Flagpole: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The agpole is the initial strong upward price movement that precedes the formation
TradeBook
of the ag. By M.Alia signicant
It represents TradeBook and rapidBy M.Ali
increase TradeBook
in buying pressure. By M.Ali
TradeBook
Flag: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The ag is a rectangular-shaped consolidation period that follows the agpole. It is
TradeBook
characterizedBy by M.Ali
price action TradeBook
moving in a sideways or slightlyTradeBook
By M.Ali downward direction. By M.Ali
TradeBook By M.Ali
The ag is typically formed TradeBook By
by parallel trendlines, M.Ali
with TradeBook
the upper trendline acting By as M.Ali
resistance and the lower trendline acting as support.
TradeBook
Breakout:By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The breakout By M.Ali
occurs when TradeBook
the price breaks above By upperTradeBook
M.Ali
the trendline of the ag, By M.Ali
signaling the continuation of the previous bullish trend. Traders often look for
TradeBook By M.Ali
increased trading TradeBook
volume accompanying By M.Ali
the breakout TradeBook
as a conrmation signal.By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The ag pattern suggests that after a strong upward move, the market takes a brief
TradeBook By M.Ali
pause to consolidate TradeBook
and digest the gains. This By M.Ali TradeBook
consolidation phase is represented BybyM.Ali
the ag and indicates a temporary slowdown in the bullish momentum. Once the
TradeBook
price breaksBy M.Alithe TradeBook
out above upper trendline, it By M.Ali
indicates that TradeBook
the buyers have regainedBy M.Ali
TradeBook
control, andBy M.Ali trend
the upward TradeBook By M.Ali TradeBook By M.Ali
is likely to continue.

TradeBook
Traders oftenBy useM.Ali
the height TradeBook By M.Ali
of the agpole (measured fromTradeBook
the beginning of the By M.Ali
pole to the By
TradeBook top of the pole) to estimate a potential price target for the continuation
M.Ali TradeBook By M.Ali TradeBook By M.Ali
of the upward move after the breakout. Additionally, other technical indicators and
TradeBook BycanM.Ali
analysis tools be used to TradeBook
support the bullish Bybias M.Ali TradeBook
and identify potential entry Byor M.Ali
exit points.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook Byto note
It's important M.Ali TradeBook
that while the ag pattern a bullish TradeBook
Byis M.Ali continuation pattern, Byit M.Ali
should be used in conjunction with other technical analysis tools and indicators to
TradeBook
increase theBy M.Aliof TradeBook
probability successful trades and M.AliriskTradeBook
Bymanage effectively. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ م ت‬By ‫ ا‬M.Ali ‫ ا‬TradeBook‫۔‬ By M.Ali ‫ وا ن‬TradeBook
‫ن ى رىر‬ ،By M.Ali

TradeBook ‫۔‬By M.Ali ‫ا روا‬ ‫فڈ ان‬

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By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook : ‫ ر ذ ا اء‬By ‫ ن‬M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBookFlagpole: By M.Ali

TradeBook‫ ا‬By M.Ali
‫اور ى‬ ‫ں‬ ‫د ؤ‬TradeBook
‫ارى‬ ‫۔‬ By M.Ali TradeBook ‫طاو‬ ‫ ا‬By‫ لا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫ ۔‬By M.Ali
 How To Day Trade For Living 38

TradeBook By M.Ali TradeBook By M.Ali TradeBook By :‫ ا‬M.Ali

TradeBook
‫ف رے‬
By‫ ا‬M.Ali ‫رروا‬
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By M.Ali
‫ل‬
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By‫ اا‬M.Ali
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‫ا‬ ‫او ى‬،
By M.Ali TradeBook By M.Ali
‫۔ ا م ر ازى‬
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By‫رٹ‬
M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
:‫ڑ‬
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‫۔‬ ‫ى ر ن رىر ا رہد‬ ، ‫او ٹ‬ ‫او ى‬ ‫آؤٹاسو‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ش‬ ‫ا‬ ‫ر‬ ‫آؤٹ‬ ‫ر‬ ‫ا‬
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔اس‬
TradeBook ‫و‬By M.Ali
‫ا‬ ‫اور‬ ‫ا‬ ‫ر‬، ‫ف‬ ‫طاو‬ ‫ن‬
TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫ ى‬By ‫او‬ ‫ ۔ا ر‬TradeBook
M.Ali ‫روى‬ ‫ ر‬By ‫ر ر‬M.Ali
‫ اور ى‬TradeBook
‫ذر د‬ By‫ م‬M.Ali
‫ا‬

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M.Ali ‫اور‬، ‫دو رہ ول‬By‫اروں‬ M.Ali TradeBook ‫ اس ت‬، By M.Ali ‫او‬

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

TradeBook‫ف‬ ‫او‬By ‫آؤٹ‬M.Ali( TradeBook ‫او‬ ‫ وع‬M.Ali
By ) TradeBook
‫ا ل‬ ‫ ل او‬By‫ ا‬M.Ali

TradeBook
‫رٹ‬ By ‫ى‬M.Ali ‫اوزار‬ TradeBook
‫ا رےاور‬ ‫د‬،‫ آں‬By ‫ ۔‬M.Ali‫ ازہ‬TradeBook
‫فا‬ By M.Ali
TradeBook By M.Ali TradeBook ‫ ۔‬By M.Ali ‫ ا ل‬TradeBook ‫ر را ں‬ By
‫اور دا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫رے‬ By‫اورا‬M.Ali ‫ے‬TradeBook ‫ ا دو‬، ‫وا ن‬By‫رىر‬M.Ali ‫ن ى‬TradeBook ‫ا‬ ‫ ورى‬By ‫ ٹ‬M.Ali
TradeBook By M.Ali ‫۔‬ ‫ م‬TradeBook
‫ےا‬ ‫اور‬By M.Ali ‫ ا ت‬TradeBook
‫ب رت‬ By ‫ ل‬M.Ali
‫ا‬
TradeBook
Flag BullishBy M.Ali
Chart : TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 39

Flag (Bearish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, aBy
ag M.Ali
pattern can TradeBook By M.Ali
also form as a bearish TradeBook
continuation By M.Ali
pattern. It occurs
after a strong downward price movement and is characterized by a rectangular-
TradeBook By M.Ali
shaped consolidation TradeBook
period, often referred toBy M.Ali
as the TradeBook
ag, which occurs withinBy a well- M.Ali
TradeBook
dened andBy M.Ali TradeBook
downward-sloping channel. By M.Ali TradeBook By M.Ali
TradeBook
The bearish By M.Aliconsists
ag pattern TradeBook M.Ali TradeBook By M.Ali
Bycomponents:
of the following
TradeBook
Flagpole: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The agpole is the initial strong downward price movement that precedes the
TradeBook
formation of Bythe M.Ali TradeBook
ag. It represents a signicantByandM.Ali TradeBook
rapid increase By M.Ali
in selling pressure.
TradeBook
Flag: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The ag is a rectangular-shaped consolidation period that follows the agpole. It is
TradeBook
characterizedBy by M.Ali
price action TradeBook
moving in a sideways or slightlyTradeBook
By M.Ali upward direction.By The M.Ali
TradeBook Byformed
ag is typically M.Aliby parallel
TradeBook By
trendlines, with M.Ali
the lower TradeBook
trendline acting asBy M.Ali
resistance and the upper trendline acting as support.
TradeBook
Breakdown: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The breakdownBy occurs
M.Aliwhen TradeBook
the price breaks By belowM.Ali
the lowerTradeBook
trendline of the By ag, M.Ali
signaling the continuation of the previous bearish trend. Traders often look for
TradeBook By M.Ali
increased trading TradeBook
volume accompanying By M.Ali
the breakdown as aTradeBook
conrmation signal. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The bearish ag pattern suggests that after a strong downward move, the market
TradeBook
takes a briefBy
pauseM.Ali TradeBook
to consolidate and alleviateBy
someM.Aliof the TradeBook
selling pressure. This By M.Ali
consolidation phase is represented by the ag and indicates a temporary slowdown
TradeBook Bymomentum.
in the bearish M.Ali TradeBook
Once the price breaks Bydown
M.Ali belowTradeBook
the lower trendline,By itM.Ali
TradeBook BytheM.Ali
indicates that TradeBook
sellers have regained control, ByandM.Ali TradeBook
the downward Byto M.Ali
trend is likely
continue.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders canBy
TradeBook use the
M.Aliheight of the agpole (measured from the top of the pole to the
TradeBook By M.Ali TradeBook By M.Ali
beginning of the pole) to estimate a potential price target for the continuation of the
TradeBook
downward By moveM.Ali
after the TradeBook By M.Ali
breakdown. Additionally, TradeBook
other technical indicators Byand M.Ali
analysis tools can be used to support the bearish bias and identify potential entry or
TradeBook
exit points.
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
It's important to note that like any chart pattern, the bearish ag pattern should be
TradeBook By M.Ali
used in conjunction TradeBook
with other Bytools
technical analysis M.Ali TradeBook
and indicators to increaseBytheM.Ali
probability By
TradeBook of successful
M.Alitrades and manage risk effectively.
TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ اوراس‬By‫ وا‬M.Ali ‫ ط‬TradeBook ‫ا‬ ‫۔‬ By M.Ali
‫ر‬ ‫ ن‬TradeBook ‫ن ش‬ ، By M.Ali

TradeBook ‫فڈ ان‬By M.Ali ‫اور‬ ‫ح‬TradeBook

‫ ا ا‬، ‫ ا‬By‫ ا‬M.Ali
، TradeBook
‫ت‬ By
‫ ت‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By ‫ ا روا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali : TradeBook
‫ ن ر ذ ا اء‬By‫ش‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Flagpole:
TradeBook ‫ ا‬By ‫ ى‬M.Ali
‫ںاور‬ ‫د ؤ‬TradeBook
‫۔ و‬ By M.Ali TradeBook ‫ط‬ ‫ ا‬By‫ لا‬M.Ali
‫۔‬
 How To Day Trade For Living 40

TradeBook By M.Ali TradeBook By M.Ali TradeBook By:‫ ا‬M.Ali

TradeBook
‫ ف رےاو‬By‫ ا‬M.Ali‫ رروا‬TradeBook ‫ ۔اس‬By
‫ آ‬M.Ali
‫ل‬ TradeBook
‫ا م دورا‬ By‫ اا‬M.Ali
TradeBook ‫اوراو ى‬By M.Ali
‫ر م‬ TradeBook
‫ا‬ ، By M.Ali ‫ ازى‬TradeBook
‫۔ ا م ر‬ By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By : ‫ا‬M.Ali
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‫ر‬ ‫ر ا‬ By M.Ali
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TradeBook‫ا‬ By‫ ؤ‬M.Ali
‫د‬ ‫اور و‬TradeBook
‫ط‬ ‫ر‬، By ‫ط‬M.Ali ‫ ا‬TradeBook ‫ ن‬By‫ ش‬M.Ali
TradeBook
‫۔ا ر‬ By M.Ali
‫روى‬ ‫ ر‬TradeBook
‫اور ى ر ر‬ By‫ ذر‬M.Ali TradeBook ‫ ۔اسا م‬By‫ و‬M.Ali
TradeBook
‫ ر ن رى‬By ‫اور‬، M.Ali‫ ول‬TradeBook
‫وا ں دو رہ‬ ‫ اس ت‬TradeBook
By M.Ali ، ‫آ‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫ن ۔‬By ‫ ا‬M.Ali
‫ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫ف‬By M.Ali ‫ ڈاؤن‬TradeBook
( ‫ آ ز‬By ‫او‬M.Ali) TradeBook ‫ا ل‬ ‫ ل او‬By‫ رز‬M.Ali
TradeBook ‫رٹ اور‬
By M.Ali ‫ ش‬TradeBook ‫ ا رےاور‬By ‫د‬،‫آں‬M.Ali‫ ۔‬TradeBook
‫ف ا ازہ‬ By M.Ali
TradeBook By M.Ali TradeBook ‫۔‬By M.Ali ‫ ا ل‬TradeBook ‫ را ں‬By‫ ر‬M.Ali‫دا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ا ل‬
By M.Ali ‫اورا رے‬
TradeBook
‫ن دو ے‬
By‫ ش‬M.Ali
،‫رٹ ن ح‬
TradeBook ‫ورى‬
By‫ ٹ‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ےا م‬
By M.Ali ‫اور‬
TradeBook‫ب رت ا ت‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Flag Bearish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Alig TradeBook By M.Ali
Fla
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 41

Rectangle (Bullish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
In trading, By M.Alipattern
a rectangle TradeBook By M.Ali
is a bullish continuation TradeBook
pattern that forms within Bya M.Ali
well-dened price range. It is characterized by parallel horizontal trendlines that act
TradeBook
as support By M.Ali levels,
and resistance TradeBook By M.Ali TradeBook
creating a rectangular-shaped pattern. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The rectangle pattern consists of the following components:
TradeBook
Support and By Resistance
M.Ali TradeBook Levels: By M.Ali TradeBook By M.Ali
TradeBook Bypattern
The rectangle M.Ali TradeBook
is formed Byhorizontal
by two parallel TradeBook
M.Ali trendlines, with the BylowerM.Ali
line acting as support and the upper line acting as resistance. These levels represent
TradeBook
areas whereBy M.Ali
buying TradeBook
and selling By M.Ali
pressure are relatively TradeBook By M.Ali
balanced.
Consolidation
TradeBook By M.Ali Phase: TradeBook By M.Ali TradeBook By M.Ali
The price moves within the range dened by the support and resistance levels,
TradeBook
forming theBy M.Ali shape
rectangular TradeBook
of the pattern.By M.Ali
During TradeBook
this consolidation phase,By the M.Ali
TradeBook
market is inBy M.Ali
a state of indecision
TradeBook as buyers and
By sellers
M.Ali assessTradeBook
their positions. By M.Ali
Breakout:
TradeBook
The breakoutByoccurs
M.Ali whenTradeBook By M.Ali
the price breaks above the upperTradeBook
resistance level ofBy the M.Ali
TradeBook By M.Ali
rectangle, signaling the continuation
TradeBook of the previous
By M.Ali bullishTradeBook
trend. Traders often
for increased trading volume accompanying the breakout as a conrmation signal.
BylookM.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The rectangle pattern suggests that after a strong upward move, the market enters a
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
period of consolidation where the price moves in a sideways direction. This
TradeBook Byallows
consolidation M.Ali TradeBook
the market By M.Ali
to gather momentum TradeBook
for the next bullish leg.By OnceM.Ali
the price breaks out above the upper resistance level, it indicates that the buyers
TradeBook
have gained By M.Ali
control, TradeBook
and the upward trend isBy likelyM.Ali
to resume. TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders can use the height of the rectangle (measured from the support level to the
TradeBook By M.Ali
resistance level) to estimate TradeBook
a potential price By
targetM.Ali TradeBook
for the continuation of theBy M.Ali
upward move after the breakout. Additionally, other technical indicators and analysis
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
tools can be used to support the bullish bias and identify potential entry or exit
TradeBook
points. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook BytoM.Ali
It's important note that TradeBook
while the rectangleBy M.Ali
pattern TradeBook
is a bullish continuationBy M.Ali
TradeBook By M.Ali
pattern, it should be used TradeBook
in conjunction withBy otherM.Ali
technicalTradeBook
analysis tools and By M.Ali
indicators to increase the probability of successful trades and manage risk effectively.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫ازى‬ By‫ ۔اس‬M.Ali TradeBook ‫ح‬ ‫ ا ا‬By ‫ ن‬M.Ali‫ رىر وا‬TradeBook
‫ن ى‬ ‫ا‬،By M.Ali
TradeBook By ‫ ۔‬M.Ali‫ن‬ TradeBook‫ا‬ ، ‫م‬By ‫ ر‬M.Ali TradeBook‫رٹاورر‬ By M.Ali
‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali: TradeBook ‫ن ر ذ ا اء‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook : ‫اور ا‬By
‫ رٹ‬M.Ali
TradeBook ‫ ر م‬By M.Ali‫ا‬ ‫اوراو ى‬TradeBook
‫ر م‬ ‫ رٹ‬By M.Ali ، TradeBook ‫ندو ازىا‬By M.Ali
TradeBook By M.Ali TradeBook ‫ ؤ ً ازن ۔‬By ‫د‬ ‫ ں و‬TradeBook
‫و‬M.Ali ‫ ان ں‬By‫۔‬M.Ali
 How To Day Trade For Living 42

TradeBook By M.Ali TradeBook By M.Ali TradeBook : By ‫ م‬M.Ali

‫ا‬
TradeBook
،‫دوران‬ By ‫م‬M.Ali‫ ۔اسا‬TradeBook ‫ ن‬، By ‫ ن دہر‬TradeBook
‫ ا ر‬M.Ali ‫ذر‬ By M.Ali
‫رٹاورر‬
TradeBook By M.Ali TradeBook ‫۔‬ ‫ز ں ا ازہ‬By‫ ا‬M.Ali ‫ اراور وا‬TradeBook By M.Ali ‫ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By :‫ ڑ‬M.Ali
TradeBook
‫۔‬ ‫ رہد‬By
‫رىر ا‬ M.Ali
‫ ر ن‬TradeBook
‫ى‬ ، ‫ او‬By ‫ ا‬M.Ali ‫او ى‬ TradeBook By M.Ali
‫آؤٹاسو‬
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ش‬By ‫ ا‬M.Ali ‫ر‬ TradeBook
‫آؤٹ‬ ‫ر‬ By M.Ali
‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫ف‬ ‫ ا‬By‫ ں‬M.Ali‫ دا‬TradeBook
‫ ر ا م اسدور‬، By M.Ali ‫ف‬ ‫طاو‬TradeBook
‫ا‬ ‫ن‬By M.Ali
TradeBook
‫او‬
By M.Ali
‫او ى ا‬ ‫ ر‬TradeBook
‫ا زتد ۔ا‬ ‫ ر‬By ‫ ر‬M.Ali ‫ى‬ ‫ ا‬TradeBook
‫۔ ا مر‬ By M.Ali
TradeBook‫ ۔‬By ‫ ا ن‬M.Ali ‫ رہ وع‬TradeBook
‫فر ندو‬ ‫اوراو‬، By M.Ali ‫ول‬ ‫اروں‬TradeBook‫اس‬By ، M.Ali
‫آ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ف‬By M.Ali ‫او‬ ‫ آؤٹ‬TradeBook
( By‫ا‬ ‫ ) رٹ‬TradeBook
‫ل‬M.Ali ‫ا ل‬ ‫ او‬By‫ رز‬M.Ali
TradeBook‫رٹ اور‬
By M.Ali‫اوزار ى‬ TradeBook
‫ا رےاور‬
By ‫د‬،‫آں‬
M.Ali ‫۔‬
TradeBook
‫ف ا ازہ‬
By M.Ali
TradeBook By M.Ali TradeBook By ‫۔‬
M.Ali‫ ل‬TradeBook
‫ا‬ ‫ر را ں‬
By M.Ali
‫دا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫رے‬By ‫اورا‬
M.Ali TradeBook
‫ا دو ے‬، ‫ن ى رىر وا ن‬
By M.Ali TradeBook ‫ورى‬
By‫ ٹ‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ےا م‬ ‫اور‬ ‫ب رت ا ت ا‬ ‫ا ل‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Rectangle Bullish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 41

Rectangle (Bearish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
In trading, aBy
TradeBook rectangle
M.Ali pattern can also form as a bearish continuation
TradeBook pattern.By It M.Ali
TradeBook By M.Ali
occurs within a well-dened price range and is characterized by parallel horizontal
TradeBook ByactM.Ali
trendlines that TradeBook
as resistance creating TradeBook
By M.Ali
and support levels, a rectangular-shaped By M.Ali
pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The bearishBy M.Ali
rectangle patternTradeBook By M.Ali
consists of the following TradeBook By M.Ali
components:
Resistance and Support Levels:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The rectangle pattern is formed by two parallel horizontal trendlines, with the upper
TradeBook By
line acting as M.AliandTradeBook
resistance the lower line actingBy asM.Ali
support.TradeBook
These levels representBy M.Ali
areas where selling and buying pressure are relatively balanced.
TradeBook
ConsolidationBy M.AliPhase: TradeBook By M.Ali TradeBook By M.Ali
TradeBook By within
The price moves M.AlitheTradeBook
range dened by the Byresistance
M.Ali and TradeBook
support levels, By M.Ali
forming the rectangular shape of the pattern. During this consolidation phase, the
TradeBook
market is inBy M.Ali
a state TradeBook
of indecision as sellers andBy assessTradeBook
M.Ali
buyers their positions. By M.Ali
TradeBook
Breakdown: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The breakdown occurs when the price breaks below the lower support level of the
TradeBook By M.Ali
rectangle, signaling TradeBook
the continuation By M.Ali
of the previous bearishTradeBook
trend. Traders often Bylook M.Ali
TradeBook
for increasedBy M.Ali
trading volume TradeBook
accompanying the M.Ali TradeBook
Bybreakdown as a conrmation signal. By M.Ali
TradeBook
The bearishBy M.Ali
rectangle patternTradeBook Bya M.Ali
suggests that after TradeBook
strong downward move, the By M.Ali
market enters
TradeBook By a period
M.Ali of consolidation
TradeBook whereBy the M.Ali
price moves in a sideways By M.Ali
TradeBook
direction. This consolidation allows the market to gather momentum for the next
TradeBook
bearish leg.By OnceM.Ali
the priceTradeBook
breaks down below BytheM.Ali TradeBook
lower support By M.Ali
level, it indicates
that the sellers have gained control, and the downward trend is likely to resume.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Traders can By M.Ali
use the height TradeBook By M.Ali
of the rectangle (measured from TradeBook
the resistance levelBy M.Ali
to the
support level) to estimate a potential price target for the continuation of the
TradeBook
downward By moveM.Aliafter the TradeBook By M.Ali
breakdown. Additionally, TradeBook
other technical indicators Byand M.Ali
TradeBook
exit points.
By
analysis tools canM.Ali
be used to support the bearish
TradeBook By bias
M.Aliand identify
TradeBookpotential entryBy orM.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

It's important to note that like any chart pattern, the bearish rectangle pattern should
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
be used in conjunction with other technical analysis tools and indicators to increase
TradeBook ByofM.Ali
the probability successful TradeBook
trades and manage ByriskM.Ali TradeBook By M.Ali
effectively.

TradeBook ‫ا روا‬
By M.Ali‫ ح‬TradeBook ‫۔ ا ا‬ ‫ر‬
By‫ ن‬M.Ali TradeBook
‫ى‬ ‫ن‬ ‫ا‬،
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا‬ ، ‫ر م‬ ‫ا اور رٹ ل‬ ‫وں‬ ‫ت ازىا ر ن‬ ‫اوراس‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
: ‫ن ر ذ ا اء‬ ‫ش‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook : ‫ا اور رٹ‬
By M.Ali
TradeBook ‫ ر م‬By ‫رٹ‬M.Ali‫اور‬ ‫ر م‬ ‫ا‬ ‫او ى‬ ، ‫ندو ازىا‬
TradeBook By M.Ali TradeBook By M.Ali
‫ً ازن ۔‬ ‫دؤ‬ ‫اور‬ ‫ں و‬ ‫ں‬ ‫ان‬ ‫۔‬
 How To Day Trade For Living 44

TradeBook By M.Ali TradeBook By M.Ali TradeBook : By ‫ م‬M.Ali

‫ا‬
TradeBook
،‫ دوران‬By M.Ali‫ ۔اسا م‬TradeBook ‫ ن‬، By ‫ ا ر‬M.Ali‫ ن دہر‬TradeBook
‫ذر‬ ‫ اور رٹ‬By ‫ ا‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ز ں ا ازہ‬By‫ ارا‬M.Ali‫ وا اور‬TradeBook By M.Ali ‫ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By : ‫ ا‬M.Ali
TradeBook
‫۔‬
By M.Ali
‫ى ر ن رىر ا رہد‬TradeBook ، ‫آ‬ By‫رٹ‬M.Ali TradeBook
‫ل‬
By M.Ali
‫ڈاؤناسو‬
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ش‬By ‫ ا‬M.Ali
‫ر‬
TradeBook
‫ر ا‬
By‫ا ا‬
M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ف‬
By
‫ں ا‬
M.Ali ‫دا‬TradeBook
‫ ر ا م اسدور‬،
By M.Ali ‫ف‬
TradeBook
‫ط‬ ‫ن‬
By‫ ى‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫رٹ ل‬ ‫ا زتد ۔ا ر‬ ‫ر ر‬ ‫ش‬ ‫ا‬ ‫۔ ا مر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا ن ۔‬ ‫ر ندو رہ وع‬ ‫اور‬، ‫ول‬ ‫وا ں‬ ‫ ا رہ‬، ‫آ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ف‬ ‫ڈاؤن‬ ‫(ا ل‬ ‫رٹ ل‬ ‫او ) ا‬ ‫رز‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ر‬ ‫رٹ اور دا‬ ‫ش‬ ‫ا رےاور‬ ‫د‬،‫آں‬ ‫۔‬ ‫ف ا ازہ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ا ل‬ ‫را ں‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا ل‬
TradeBook By ‫رے‬ ‫اورا‬
M.Ali ‫ن دو ے‬ ‫ ش‬،‫رٹ ن ح‬
TradeBook By M.Ali TradeBook By M.Ali
‫ورى‬ ‫ٹ‬
‫۔‬ ‫ےا م‬ ‫اور‬ ‫ب رت ا ت‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Rectangle Bearish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 45

Three Drive (Bullish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
The Three Drives pattern is TradeBook By M.Ali
a bullish reversal pattern TradeBook
that suggests By M.Ali
a potential trend
reversal from a downtrend to an uptrend. It is a relatively rare pattern and is based
TradeBook By ofM.Ali
on the principle FibonacciTradeBook
ratios and symmetry.By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The Three Drives bullish pattern consists of the following components:
TradeBook
Drive 1: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By
The rst drive
the downtrend.
M.Ali
is the initial downward
TradeBook move inBy the price.
M.Ali It represents
TradeBook the rst leg
By of M.Ali

TradeBook
Correction: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By
After the rst M.Ali
drive, there isTradeBook
a corrective upward By movement,
M.Ali often retracing a By M.Ali
TradeBook
signicant portion of the rst drive. This correction creates the rst signicant
TradeBook
pullback. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Drive 2: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Following the correction, the price resumes its downward movement, forming the
TradeBook
second drive.ByTheM.Ali TradeBook
second drive usually reachesBy M.Ali
a similar levelTradeBook
as the rst drive, By M.Ali
creating a harmonic
TradeBook By M.Ali relationship.
TradeBook By M.Ali TradeBook By M.Ali
Correction and Drive 3:
TradeBook By M.Ali
After the completion of theTradeBook
second drive, there By TradeBook
M.Alicorrective
is another upward By M.Ali
movement, By
TradeBook similar to the rst
M.Ali correction. This By
TradeBook correction
M.Ali is followed
TradeBook by the nalBydrive,
M.Ali
which is typically the most signicant and often surpasses the highs of the rst two
TradeBook
drives. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook
The Three Drives pattern suggests that after aBy M.AlitheTradeBook
downtrend, market experiencesBya M.Ali
TradeBook Byand
series of drives M.Ali TradeBook
corrections. Each drive hasBy M.Ali
a similar range TradeBook
and is followed by Bya M.Ali
corrective phase. The pattern is complete when the price completes the third drive
TradeBook
and forms aBy higherM.Ali TradeBook
high, indicating a potentialBytrendM.Ali
reversal. TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often use Fibonacci ratios, such as the 0.618 retracement level, to identify
TradeBook Bytargets
potential price M.Ali TradeBook
for the completion of each By drive
M.Aliand TradeBook
the overall pattern.By M.Ali
Additionally, other technical analysis tools and indicators can be used to conrm the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
bullish bias and identify potential entry or exit points.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
It's important to note that the Three Drives pattern should be used in conjunction
TradeBook By M.Ali
with other technical TradeBook
analysis By M.Ali
methods and indicators TradeBook
to increase the probabilityByof M.Ali
TradeBook By M.Ali
successful trades and manage risk effectively. By M.Ali TradeBook By M.Ali
TradeBook
TradeBook
‫۔‬ By M.Ali ‫ ر ن‬TradeBook
‫ر ن او‬ ‫ ن‬By‫ ر‬M.Ali‫ ن ا‬TradeBook ‫ى ر ر‬ ‫ز نا‬By ‫ ىڈرا‬M.Ali
TradeBook By M.Ali TradeBook By ‫۔‬ ‫ازن ا ل‬TradeBook
M.Ali ‫اور‬ ‫اور‬ By
‫ ً ب‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali : TradeBook
‫ندرجذ ا اء‬ By‫ ىڈرا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By :1 ‫ڈرا‬M.Ali
TradeBook By M.Ali ‫ ۔‬TradeBook‫ن‬By ‫ ر‬M.Ali‫۔‬ TradeBook
‫ف‬ ‫ا ا‬ By‫ ڈرا‬M.Ali
 How To Day Trade For Living 46

TradeBook By M.Ali TradeBook By M.Ali TradeBook By: M.Ali

TradeBook
‫۔‬ By
‫ ح ا‬M.Ali
‫۔ ا‬ TradeBook
‫ا ا‬ ‫ ڈرا‬By ‫ ا‬،M.Ali TradeBook
‫فا ا‬ ‫او‬، By‫ ڈرا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By :2 ‫ڈرا‬ M.Ali
TradeBook
‫ح‬ ‫ ڈرا‬By‫م ر‬M.Ali
‫۔دو ىڈرا‬TradeBook
‫دو رہ وع د‬ By
‫ ف‬M.Ali ، TradeBook ‫ دو ىڈرا‬،By M.Ali
TradeBook By M.Ali TradeBook By ‫ ۔‬M.Ali
‫ا‬ TradeBook
‫ر‬ ، By M.Ali ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By
:3 ‫ڈرا‬ ‫ اور‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ م ر‬، ‫ڈرا‬ ‫۔اسا ح‬ ‫ ا ح حا اورا او‬، ‫دو ىڈرا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ڑد‬ ‫دوڈرا ز او ں‬ ‫اورا‬ ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫اور‬ ‫۔ ڈرا ا‬ ‫ ر ڈرا زاورا ت ا‬، ‫ر ن‬ ‫ىڈرا ز ن‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
، ‫ا ر‬ ‫اورز دہاو‬ ‫ىڈرا‬ ‫آ ۔ ناسو‬ ‫ا‬ ‫اس‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ر ن ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا اف‬
TradeBook By M.Ali ‫ن‬TradeBook ‫ ڈرا اور‬،‫ل‬ ‫ر‬0٫618 ، ‫ا ل‬
By M.Ali TradeBook By M.Ali
‫ا‬
‫ر را ں‬ ‫اور دا‬ ‫آ تاورا رے ى‬ ‫د‬،‫آں‬ ‫۔‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ا ل‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ب رت‬ ‫ا ل‬ ‫ںاورا رے‬ ‫ىڈرا ز ن دو ے‬ ‫ورى‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ٹ‬M.Ali
TradeBook By M.Ali TradeBook‫ ۔‬By ‫م‬M.Ali ‫ےا‬
TradeBook ‫اور‬ ‫ا ت ا‬
By M.Ali
Three Drive Bullish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 47

Three Drive (Bearish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
The Three Drives pattern canTradeBook By M.Ali
also occur in a bearish context,TradeBook By M.Ali
suggesting a potential
TradeBook By
reversal from an M.Ali
uptrend toTradeBook
Fibonacci ratios and symmetry.
a downtrend. It isBy a relatively
M.Ali rare pattern based onBy M.Ali
TradeBook
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The Three Drives bearish pattern consists of the following components:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Drive 1:
TradeBook Byis the
The rst drive M.Ali TradeBook
initial upward move in theBy M.Ali
price. TradeBook
It represents BytheM.Ali
the rst leg of
uptrend.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Correction:
TradeBook Bydrive,
After the rst M.Ali
there isTradeBook
a corrective downwardBy M.Alimovement, TradeBook
often retracingBya M.Ali
signicant portion
TradeBook By of the rst drive. This correction creates the rst signicant
M.Ali
pullback.
TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Drive 2: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Following the
TradeBook By correction,
M.Ali the price resumes its upward movement, TradeBookforming theBy M.Ali
TradeBook By M.Ali
second drive. The second drive usually reaches a similar level as the rst drive,
TradeBook By M.Ali
creating a harmonic TradeBook By M.Ali TradeBook By M.Ali
relationship.
CorrectionBy
TradeBook andM.Ali
Drive 3:TradeBook By M.Ali TradeBook By M.Ali
After the completion of the second drive, there is another corrective downward
TradeBook
movement, By M.Ali
similar TradeBook
to the rst correction. ThisBy M.Ali
correction TradeBook
is followed by the nalBy M.Ali
drive,
which is typically the most signicant and often surpasses the lows of the rst two
TradeBook
drives.
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The Three Drives pattern in a bearish context suggests that after an uptrend, the
TradeBook By M.Ali
market experiences a seriesTradeBook By M.Ali
of drives and corrections. TradeBook
Each drive By M.Ali
has a similar range
TradeBook By byM.Ali
and is followed TradeBook
a corrective By
phase. The pattern M.Ali
is complete TradeBook
when the price By M.Ali
completes the third drive and forms a lower low, indicating a potential trend reversal
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
to the downside.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often use Fibonacci ratios, such as the 0.618 retracement level, to identify
TradeBook Bytargets
potential price M.Ali TradeBook
for the completion of each By drive
M.Ali and TradeBook
the overall pattern.By M.Ali
Additionally, other technical analysis tools and indicators can be used to conrm the
TradeBook
bearish biasByand M.Ali TradeBook
identify potential entry or exitBy M.Ali TradeBook By M.Ali
points.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
It's important to note that the Three Drives pattern should be used in conjunction
TradeBook By M.Ali
with other technical TradeBook
analysis By M.Ali
methods and indicators TradeBook
to increase the probabilityByof M.Ali
TradeBook By M.Ali
successful trades and manage risk effectively. By M.Ali TradeBook By M.Ali
TradeBook
TradeBook‫۔‬By M.Ali TradeBook ‫ر ن ف ا‬ By‫اپ‬M.Ali ، TradeBook ‫ز ن ى‬By ‫ىڈرا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ً ب‬ By‫ ازن‬M.Ali
‫اور‬
TradeBook By M.Ali TradeBook By M.Ali : TradeBook
‫ز ش ندرجذ ا اء‬By ‫ىڈرا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By :1 ‫ڈرا‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ By M.Ali
‫۔ اپ‬ TradeBook
‫ف‬ ‫ا ا او‬ By‫ ڈرا‬M.Ali
 How To Day Trade For Living 48

TradeBook By M.Ali TradeBook By M.Ali TradeBook By: M.Ali

TradeBook ‫ا‬By‫ ح‬M.Ali‫۔ ا‬ TradeBook
‫ا ا‬ ‫ ڈرا‬By ‫ ا‬، M.Ali TradeBook ‫فا ا‬ ، By ‫ ڈرا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By :2 ‫ڈرا‬ M.Ali
TradeBook‫حا‬ By M.Ali
‫ڈرا‬ ‫ ىڈرا م ر‬TradeBook
‫۔دو‬ ‫ىڈرا‬By ‫دو‬، M.Ali ‫رہ وع‬TradeBook
‫دو‬ ‫ ا او‬،By M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬ ‫ ا‬TradeBook ‫ر‬ ، By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
:3 ‫اورڈرا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ م‬، ‫ڈرا‬ ‫۔اسا ح‬ ‫ف‬ ‫ ا ح حا اورا‬، ‫دو ىڈرا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ڑد‬ ‫دوڈرا ز‬ ‫اورا‬ ‫ز دہا‬ ‫ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔ ڈرا‬ ‫ ر ڈرا زاورا ت ا‬، ‫او ىر ن‬ ‫ىڈرا ز ن‬ ‫ش قو ق‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫اور‬By M.Ali‫ ىڈرا‬TradeBook By ‫آ ۔ ناسو‬ ‫ا‬
M.Ali TradeBook By M.Ali
‫اوراس‬ ‫ا‬
‫۔‬ ‫ر ن ا‬ ،
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا اف‬
TradeBook By M.Ali ‫ن‬TradeBook ‫ ڈرا اور‬،‫ل‬
By‫ر‬0٫618 ،
M.Ali TradeBook ‫ا ل‬
By‫ ا‬M.Ali
‫ر را ں‬
TradeBook By M.Ali ‫ دا‬TradeBook
‫اور‬ ‫اورا رے ش‬
By M.Ali TradeBook ‫د‬،‫آں‬ ‫۔‬
By M.Ali
‫۔‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ل‬M.Ali
‫ا‬

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

‫ب رت‬ ‫ا ل‬ ‫ںاورا رے‬ ‫ىڈرا ز ن دو ے‬ ‫ورى‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ٹ‬M.Ali
TradeBook By M.Ali TradeBook‫ ۔‬By ‫م‬M.Ali ‫ےا‬
TradeBook ‫اور‬ ‫ا ت ا‬
By M.Ali
Three Drive Bearish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 49

ABCD (Bullish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook
The ABCD pattern is a common chart pattern By
used M.Ali TradeBook
in technical By M.Ali
analysis to identify
TradeBook By M.Ali
potential bullish TradeBook
trading opportunities. It is a By
simpleM.Ali TradeBook
four-point pattern that can By M.Ali
indicate the completion of a correction within an overall uptrend. The pattern derives
TradeBook BytheM.Ali
its name from TradeBook
four points labeled A, B, C,By M.Ali TradeBook By M.Ali
and D.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Here is a breakdown of the ABCD bullish pattern:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Point A: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The pattern starts with an initial strong uptrend, where the price moves in a bullish
TradeBook
direction. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Point B: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The price undergoes a corrective pullback or retracement from the uptrend. Point B
TradeBook Byend
represents the M.Ali TradeBook
of the correction By M.Aliof the
and the resumption TradeBook By M.Ali
overall bullish trend.
TradeBook
Point C: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
After the pullback, the price starts to rise again, surpassing the previous high reached
TradeBook
at point A. By
Point M.Ali
C marks the TradeBook
conrmation of By TradeBook By M.Ali
M.Alicontinuation.
the bullish
TradeBook
Point D: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The price reaches a level near or beyond the previous high reached at point A. This
TradeBook
completion By M.Ali
of the TradeBook
pattern at point D suggestsBy TradeBook
M.Alitarget
a potential By M.Ali
for the next upward
TradeBook
move. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By
Traders often useM.Ali
FibonacciTradeBook
ratios, such as 0.618 0.786, toTradeBook
ByorM.Ali project potential By levelsM.Ali
for points B and C in relation to the distance between points A and B. Additionally,
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
other technical analysis tools and indicators can be employed to conrm the bullish
TradeBook By M.Ali
bias and identify potential TradeBook
entry or exit points. By M.Ali TradeBook By M.Ali
TradeBook Byto M.Ali
It's important note that TradeBook
the ABCD pattern is By TradeBook
M.Ali representation
a simplied By M.Ali
of market
TradeBook
behavior andByshould
M.Ali be used alongside otherBy
TradeBook technical
M.Ali TradeBook
analysis techniques andBy risk M.Ali
management strategies for more accurate trading decisions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
ABCD ‫دہ ر‬ ‫۔ ا‬ ‫ا ل‬ ‫ر ا‬ ‫ى‬ ‫نا م رٹ ن‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔ ن ا م‬ ‫ر او ىر ن ا ح‬ ‫ ن‬A، B، C، ‫اور‬D ‫وا ر ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali‫ ں‬TradeBook ABCD : ‫ن ا‬ ‫ى‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ا‬A: M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ى‬By ‫ ں‬M.Ali
، ‫ وع‬TradeBook ‫طاپ‬ ‫ ا‬By
‫نا ا‬M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By ‫ ا‬B:M.Ali

TradeBook ‫ ر ۔ ا‬By M.Ali ‫ر‬ TradeBook
‫ او ر ن ا‬BBy M.Ali ‫ دو رہ وع‬TradeBook
‫ى ر ن‬ ‫ ماور‬By ‫ح ا‬M.Ali‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫ ۔‬By M.Ali
 How To Day Trade For Living 50

TradeBook By M.Ali TradeBook By M.Ali TradeBook: By M.Ali ‫ا‬

TradeBook
‫ ا‬، By
‫ وع‬M.Ali ‫دو رہ‬ ، TradeBookA ‫ڑ ۔ ا‬By M.Ali‫ى‬ TradeBook
C By‫ى‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook:‫ڈى‬ By M.Ali
‫ا‬
TradeBook
‫ا‬ A By ‫ ۔ ا‬M.Ali TradeBook
‫اس آ‬ By D ‫ ف‬TradeBook
‫ او‬M.Ali ‫ا او‬ By‫ ن‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
‫ ا‬A ‫اور‬B ‫ا‬ TradeBook
‫ در ن‬B ‫اور‬C By ، M.Ali‫ ا‬TradeBook ‫ ں‬By M.Ali
TradeBook By M.Ali TradeBook ‫۔‬By‫ را‬M.Ali ‫ر‬ ‫ دا‬TradeBook
‫۔‬ ‫ ا ل‬0٫786By M.Ali
0٫618
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ ںاورر‬By M.Ali ‫لد‬ ‫ا‬TradeBook
‫اوراس‬ ‫ آ ن‬By‫ا‬ ‫ن ر‬TradeBook
‫رو‬M.Ali ‫اے ڈى‬ ‫ ورى‬By‫ ٹ‬M.Ali
TradeBook By M.Ali TradeBook
‫۔‬ By‫ ں‬M.Ali
‫ر‬ ‫دہدر‬TradeBook
‫ز‬ ‫ں‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
ABCD BullishBy M.Ali
Chart : TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 51

ABCD (Bearish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
The ABCD pattern can also TradeBook
occur in a bearish By M.Ali
context, TradeBook
indicating By M.Ali
a potential trading
opportunity for a bearish reversal or continuation. It follows a similar four-point
TradeBook By
structure but M.Ali
reects TradeBook
a downward By M.Ali
price movement. TradeBook
The pattern is commonly used By inM.Ali
technical analysis to identify potential bearish trading setups within an overall
TradeBook
downtrend.
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Here is a breakdown of the ABCD bearish pattern:
TradeBook
Point A:
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The patternBystartsM.Ali TradeBook
with an initial By M.Ali
strong downtrend, where theTradeBook
price moves in aBy M.Ali
bearish direction.
TradeBook
Point B:
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
The price undergoes TradeBook
a corrective By M.Ali
rally or retracement TradeBook
from the downtrend. Point By B M.Ali
represents the end of the correction and the resumption of the overall bearish trend.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Point C:
TradeBook BytheM.Ali
After the rally, TradeBook
price starts to decline again,By M.Ali
falling belowTradeBook
the previous low By M.Ali
reached at point A. Point C marks the conrmation of the bearish continuation.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Point D:
TradeBook By M.Ali
The price reaches TradeBook
a level near By M.Ali
or beyond the previous TradeBook
low reached By M.Ali
at point A. This
completion of the pattern at point D suggests a potential target for the next
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
downward move.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often use Fibonacci ratios, such as 0.618 or 0.786, to project potential levels
TradeBook
for points BBy
and M.Ali TradeBook
C in relation By M.Ali
to the distance between pointsTradeBook By M.Ali
A and B. Additionally,
TradeBook Byanalysis
other technical M.Alitools TradeBook
and indicators canBybeM.Ali
employed TradeBook
to conrm the bearishBy M.Ali
bias and identify potential entry or exit points.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
It's important
TradeBook By to M.Ali
note that the ABCD pattern is a simplied representation of market
TradeBook By M.Ali TradeBook By M.Ali
behavior and should be used alongside other technical analysis techniques and risk
TradeBook
management Bystrategies
M.AliforTradeBook
more accurate trading decisions.TradeBook By M.Ali
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
ABCD ‫۔ ا ح‬ ‫ر‬ ‫ شر ر‬، ‫ن ش قو ق‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ر‬ ‫ا ل‬ ‫۔ ن م ر‬ ‫وى‬ ‫ر ڈ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫اپ‬ ‫ش‬ ‫ر ن ا ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫ں‬TradeBook ABCD : ‫ش ن ا‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ا‬A: M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ى‬By ‫ ں‬M.Ali
، ‫ وع‬TradeBook
‫ر ن‬ ‫ط‬ ‫ ا‬By
‫نا ا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ا‬B: M.Ali
TradeBook ‫ ر ۔ ا‬By M.Ali‫ ا ر وا‬TradeBook
‫ر ن‬ B By ‫ر ن دو رہ‬TradeBook
‫ وع‬M.Ali ‫ر ى‬ ‫ ماور‬By ‫ح ا‬M.Ali
‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫ ۔‬By M.Ali
 How To Day Trade For Living 52

TradeBook By M.Ali TradeBook By M.Ali TradeBook :By M.Ali ‫ا‬

TradeBook
‫ ا‬، By‫ وع‬M.Ali
‫دو رہ‬ ‫ر‬A ‫ ۔ ا‬By M.Ali TradeBook
،TradeBook C‫۔‬ By‫ ى‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook:‫ڈى‬ By M.Ali
‫ا‬
TradeBook
‫ا‬ A By ‫ ۔ ا‬M.Ali TradeBook
‫اس آ‬ By M.Ali D TradeBook
‫ف‬ ‫ ا‬By ‫ ن‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By
‫ ف‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
‫ ا‬A ‫اور‬B ‫ا‬ TradeBook
‫ در ن‬B ‫اور‬C By ، M.Ali‫ ا‬TradeBook ‫ ں‬By M.Ali
TradeBook By M.Ali TradeBook By ‫ را ۔‬M.Ali
‫ر‬ ‫ دا‬TradeBook
‫۔‬ ‫ ا ل‬0٫786By M.Ali
0٫618
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ںاورر‬
By M.Ali ‫لد‬ ‫ا‬TradeBook
‫اوراس‬ ‫ آ ن‬By‫ا‬ ‫ن ر‬TradeBook
‫رو‬M.Ali ‫اے ڈى‬ ‫ ورى‬By‫ ٹ‬M.Ali
TradeBook By M.Ali TradeBook‫۔‬
By‫ں‬
M.Ali
‫ر‬
TradeBook
‫ز دہدر‬ ‫ں‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
ABCD BearishBy M.Ali
Chart : TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 53

Gartley (Bullish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
The Gartley pattern TradeBook
is a popular harmonic tradingBy M.Ali
pattern TradeBook
that By M.Ali
can indicate potential
bullish reversals in the market. It is named after H.M. Gartley, who introduced the
TradeBook
pattern in hisBy
bookM.Ali
"Prots inTradeBook
the Stock Market" By M.Ali
in 1935. The TradeBook By M.Ali
Gartley pattern is based
on Fibonacci ratios and specic geometric shapes.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
The Gartley bullish TradeBook
pattern consists By M.Ali
of the following TradeBook By M.Ali
key points:
XA Leg: By M.Ali
TradeBook TradeBook By M.Ali TradeBook By M.Ali
The pattern begins with an initial strong upward move, called the XA leg. This leg
TradeBook ByrstM.Ali
represents the TradeBook
major swing By M.Ali TradeBook By M.Ali
in the bullish direction.
AB Correction:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
After the XA leg, there is a corrective price movement, known as the AB correction.
TradeBook By usually
This retracement M.Alirepresents
TradeBook a percentageByofM.Ali TradeBook
the XA leg, By M.Ali
typically in the range
of 38.2% to 61.8%.
TradeBook
BC Leg:
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Following theByAB M.Ali
correction,TradeBook
the price resumesBy TradeBook
M.Alimovement,
its upward forming the ByBCM.Ali
leg. The BC leg typically retraces a specic percentage (typically 61.8%) of the AB
TradeBook
correction.
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
CD Leg: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
After the BC leg, the price makes its nal move higher, completing the pattern with
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
the CD leg. The CD leg is typically equal in length to the XA leg and often completes
TradeBook
at the 127.2%ByFibonacci
M.Aliextension
TradeBook By M.Ali TradeBook By M.Ali
of the BC leg.

TradeBook By M.Ali
The Gartley pattern suggestsTradeBook
that after a strong By M.Ali
upward move TradeBook
(XA leg), the market By M.Ali
TradeBook
experiences aBy M.Aliphase
corrective TradeBook
(AB correction) ByfollowedM.Ali TradeBook
by a continuation of theBy M.Ali
upward move (BC leg) and ultimately completes a harmonic pattern with the nal leg
TradeBook
(CD leg). By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often use Fibonacci retracement and extension levels to identify potential
TradeBook By
entry and exit M.Ali
points withinTradeBook
the Gartley pattern. By It's M.Ali
important TradeBook
to note that the By M.Ali
pattern should be used in conjunction with other technical analysis tools and
TradeBook By M.Ali TradeBook
indicators to conrm the bullish bias and manage Byrisk M.Ali TradeBook By M.Ali
effectively.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
As with any trading pattern, it's crucial to practice proper risk management and
TradeBook Byfactors
consider other M.Ali TradeBook
that may impact the marketBy before TradeBook
M.Alimaking By M.Ali
trading decisions
based on the Gartley pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali : TradeBook
‫درجذ ا ت‬ ‫ى‬By ‫ر‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook XABy : M.Ali
TradeBook
، ‫ وع‬By M.Ali ‫ طاو‬TradeBook
‫ نا ا ا‬XA ‫۔‬ By M.Ali ‫ ى ل‬TradeBook ‫ى‬ ‫ ۔‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBookAB By: M.Ali
TradeBook
XA ،
By M.Ali‫ ا‬TradeBook ‫ا‬، AB ‫ م ر‬By M.Ali ‫۔ ر‬ ‫ح‬TradeBook
‫ا‬XA By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 54

TradeBook By M.Ali TradeBook By M.Ali TradeBookBCBy : M.Ali

TradeBook
AB ، By‫وع‬M.Ali
‫دو رہ‬ TradeBook
‫ ا او‬، By‫ ۔‬M.AliBCTradeBook
BC ‫م ر‬ AB ‫ ا‬By ‫ا ح‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬ TradeBook
‫( وا‬٪61٫8 ‫ ) م ر‬By‫ ص‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook: By ‫ ڈى‬M.Ali
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‫ا ام‬ ‫ا‬، By‫ن‬M.Ali TradeBook
CD ‫م ر‬ XABy M.Ali
TradeBook By M.Ali TradeBook ‫اورا‬ M.Ali TradeBook
By٪127٫2
‫ ا‬BC Fibonacci ‫۔‬ By M.Ali
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‫ف‬ By
‫ طاو‬M.Ali
‫ا‬ ‫ن‬TradeBook
‫) ر‬XA leg) By M.Ali‫ ر ا ا‬، TradeBook
)AB ‫(ا ح‬ By M.Ali
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‫ف‬ By
‫ او‬M.Ali
)BC leg) TradeBook
‫اورآ رآ ى‬ By)CD leg) ‫۔‬TradeBook
M.Ali ‫ن‬ ‫ ر‬By‫ ا‬M.Ali
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‫۔ ٹ‬
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‫ا ل‬
M.Ali‫اورا‬TradeBook
‫ر‬ ‫ا‬
By M.Ali TradeBook By ‫ر‬M.Ali
‫ن ا ر دا اور ر را ں‬
TradeBook‫اور‬
By M.Ali ‫ى‬
TradeBook
‫ا ل‬
By‫رے‬M.Ali
‫اورا‬
TradeBook‫ن د‬
By M.Ali
‫ورى‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ےا م‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا ا از وا‬ ‫ر‬ ‫ن د ر‬ ‫اور ر‬ ‫ر‬ ،‫ر ن ح‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ورى ۔‬ ‫ر‬ ‫د ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
Gartley Bullish Chart : TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 55

Gartley (Bearish)
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
The Gartley pattern can alsoTradeBook
occur in a bearishBy M.Ali
context, TradeBook
indicating By M.Ali
potential bearish
reversals in the market. It follows a similar structure to the bullish Gartley pattern but
TradeBook By M.Ali
reects a downward TradeBook By M.Ali TradeBook By M.Ali
price movement.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Here is a breakdown of the Gartley bearish pattern:
TradeBook
XA Leg: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The pattern begins
TradeBook By with an TradeBook
M.Ali initial strong downward
By move, known
M.Ali as the XA leg.By
TradeBook ThisM.Ali
leg represents the rst major swing in the bearish direction.
TradeBook
AB Correction:By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
After the XABy M.Ali
leg, there is a corrective
TradeBook price movement,
By M.AlicalledTradeBook
the AB correction.By
retracement typically represents a percentage of the XA leg, often ranging from
This M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

38.2% to 61.8%.
BC Leg: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Following the AB correction, the price resumes its downward movement, forming the
TradeBook
BC leg. The BCBylegM.Ali TradeBook
typically retraces By M.Ali
a specic percentage TradeBook
(usually 61.8%) of theBy AB M.Ali
correction.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
CD Leg:
TradeBook
After the BC By M.Ali
leg, the TradeBook
price makes its nal moveBy M.Ali
lower, TradeBook
completing By M.Ali
the pattern with
the CD leg. The
TradeBook By CD leg is typically equal in length to the XA leg and often completes
M.Ali TradeBook By M.Ali TradeBook By M.Ali
at the 127.2% Fibonacci extension of the BC leg.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Similar to the bullish Gartley pattern, the bearish Gartley pattern suggests that after a
TradeBook By M.Ali
strong downward move (XATradeBook By M.Ali
leg), the market experiences TradeBook
a corrective phase (ABBy M.Ali
TradeBook By M.Ali
correction) followed TradeBook
by a continuation By M.Ali
of the downward TradeBook
move By M.Ali
(BC leg) and ultimately
completes a harmonic pattern with the nal leg (CD leg).
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Traders oftenBy use M.Ali
Fibonacci TradeBook By
retracement and extension M.AlilevelsTradeBook By M.Ali
to identify potential
entry and exit points within the Gartley pattern. It's important to note that the
TradeBook BybeM.Ali
pattern should TradeBook
used in conjunction Bytechnical
with other TradeBook
M.Alianalysis tools and By M.Ali
indicators to conrm the bearish bias and manage risk effectively.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
As with any By M.Ali
trading pattern,TradeBook M.AliriskTradeBook
By proper
it's crucial to practice management andBy M.Ali
consider other factors that may impact the market before making trading decisions
TradeBook
based on theBy M.Ali
Gartley TradeBook By M.Ali TradeBook By M.Ali
pattern.
TradeBook‫ ن‬By‫ ر‬M.Ali ‫ ۔ ى‬TradeBook ‫ شر ر‬By M.Ali ‫ ر‬، TradeBook ‫ن ش قو ق‬By ‫ر‬M.Ali
TradeBook By M.Ali TradeBook By ‫۔‬M.Ali TradeBook ‫وى‬
By M.Ali
‫ڈ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
: ‫ش ن ا‬ ‫ںر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
XA :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
، ‫وع‬
TradeBook By M.Ali‫ ط‬TradeBook ‫ نا ا ا‬XA ‫ى ل‬ ‫ى‬ ‫۔‬
By M.Ali TradeBook By M.Ali
‫م‬
‫۔‬
 How To Day Trade For Living 56

TradeBook By M.Ali TradeBook By M.Ali TradeBookAB By: M.Ali

TradeBook
XA ، By M.Ali TradeBook ‫ا ا‬، AB ‫ ر‬By ‫ م‬M.Ali ‫ ۔ ر‬TradeBook
‫ا ح‬XA By M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫ ۔‬TradeBook
٪61٫8 ٪38٫2 By ‫ ا‬، M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBookBC By: M.Ali

TradeBook
AB ، By BCM.Ali
‫۔‬ TradeBook
‫دو رہ وع‬ ‫ ف‬By ‫ ا‬M.Ali TradeBook BC ‫ م ر‬By AB M.Ali
TradeBook By M.Ali TradeBook By ‫۔‬ M.Ali TradeBook
‫( وا‬٪61٫8 ‫ص ) م ر‬ By
‫ ح ا‬M.Ali
‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook: By‫ڈى‬M.Ali
TradeBook
BC ، By CD M.Ali
‫۔‬ TradeBook ‫ا آ ى‬، By M.Ali
‫ن‬ TradeBook
CD ‫م ر‬ By M.Ali
XA
TradeBook By M.Ali TradeBook ‫اورا‬ ‫ ا‬By M.Ali TradeBook
BC ٪127٫2 Fibonacci ‫۔‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ ف‬By‫ ط‬M.Ali ‫ن‬TradeBook ‫ ش ر‬،‫ ن ح‬By ‫) ى‬XA TradeBook
‫ ر‬M.Ali leg) ‫ ا ا‬By‫ ر‬، M.Ali
TradeBook
)AB ‫(ا ح‬By M.Ali TradeBook )BC By
leg) ‫ى‬M.Ali
‫۔آ‬ TradeBook
‫ اور ا ر‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook )CD (‫ ن۔‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫۔ ٹ‬ By
‫ ا ل‬M.Ali ‫اورا‬TradeBook
‫ر‬ ‫ا‬ By M.Ali ‫ ں‬TradeBook
‫ن ا ر دا اور ر را‬ By M.Ali
‫ر‬
TradeBook
‫اور‬ By M.Ali ‫ ى‬TradeBook ‫ا ل‬ By‫رے‬M.Ali‫اورا‬ TradeBook ‫ن د‬ By
‫ ورى‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ےا م‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
‫ا ا از وا‬ ‫ر‬
TradeBook
‫ن د ر‬
By M.Ali TradeBook
‫اور ر‬ ‫ر‬ ،‫ر ن ح‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ورى‬ ‫ر‬
By‫ ا‬M.Ali
‫د‬
Gartley Bullish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 57

Symmetrical Triangle (Bullish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook Bytriangle
A symmetrical M.AlipatternTradeBook M.AliinTradeBook
By pattern
is a common chart technical analysis Bythat M.Ali
can indicate a potential bullish breakout. It is formed by two converging trendlines,
TradeBook By M.Ali
one representing the seriesTradeBook
of higher lows and By theM.Ali TradeBook
other representing By
the series of M.Ali
lower highs. The converging trendlines create a triangular shape, hence the name
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
"symmetrical triangle."
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Here are the key characteristics of a symmetrical triangle bullish pattern:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Converging Trendlines:
TradeBook
The patternBy M.Aliby two
is dened TradeBook
trendlines that By M.Ali
connect TradeBook
the series of higher lowsBy and M.Ali
lower highs. These trendlines slope towards each other, creating a narrowing triangle
TradeBook
formation. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Decreasing ByVolatility:
M.Ali TradeBook By M.Ali TradeBook By M.Ali
As the price consolidates within the triangle, the range between the highs and lows
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
typically narrows. This decreasing volatility indicates a period of indecision in the
TradeBook
market. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Breakout:By M.Ali
TradeBook TradeBook By M.Ali TradeBook By M.Ali
The symmetrical triangle pattern suggests that the price is approaching a point of
TradeBook
resolution. By M.Ali
A bullish breakoutTradeBook
occurs when the By breaks TradeBook
M.Ali
price By M.Ali
above the upper trendline
of the triangle with increased trading volume, indicating a potential shift in sentiment
TradeBook By M.Ali
and the beginning of a new upward trend. By M.Ali TradeBook By M.Ali
TradeBook
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Price Target:
The projected price target for the bullish breakout can be estimated by measuring the
TradeBook Bytriangle
height of the M.Ali at itsTradeBook
widest point and By M.Ali
adding it to theTradeBook By M.Ali
breakout point. This
TradeBook By M.Ali
provides a potential targetTradeBook
for the upward move.By M.Ali TradeBook By M.Ali
TradeBook Bywait
Traders often M.Ali TradeBook
for conrmation By M.Ali
of the breakout, such asTradeBook
a close above the By upperM.Ali
TradeBook By
trendline, before M.Ali
entering TradeBook
a bullish trade. Additionally,
By M.Ali otherTradeBook
technical analysisBy
and indicators can be used in conjunction with the pattern to conrm the bullish bias
toolsM.Ali

TradeBook
and identifyBy M.Ali
potential entry or exit points. By M.Ali TradeBook By M.Ali
TradeBook
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
It's important to note that while the symmetrical triangle pattern can suggest a
TradeBook By M.Ali
potential bullish breakout,TradeBook By M.Ali
it should be used alongside otherTradeBook
analysis techniquesByandM.Ali
risk management strategies for more accurate trading decisions. False breakouts and
TradeBook
whipsaws canByoccur,
M.Ali TradeBook
so traders Bycaution
should exercise M.Ali andTradeBook
consider the overall By M.Ali
market context.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ر‬By ‫۔ دو‬M.Ali TradeBook ‫آؤٹ‬ ‫ى‬ ‫ م رٹ‬TradeBook
By‫ ن‬M.Ali ‫نا‬ ‫آ‬ ‫ ا‬By M.Ali
TradeBook ‫ا‬ By‫ وا‬M.Ali‫ ۔‬TradeBook ‫ ں‬By ‫ى او‬M.Ali
‫اوردو‬ TradeBook‫ او‬By ‫ا‬، M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫ " ۔‬TradeBook
‫اس اس م" ى ا‬،By M.Ali
TradeBook By M.Ali TradeBook By M.Ali: TradeBook ‫ت‬ ‫ن ا‬ By‫ول‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook : By ‫ر‬M.Ali
TradeBook ، By
‫ فڈ‬M.Ali
‫ا دو ے‬TradeBook ‫ڑ ۔‬ By M.Ali‫ او اور‬TradeBook ‫ دو‬By ‫ن‬M.Ali
‫۔‬ ‫ا‬
 How To Day Trade For Living 58

TradeBook By M.Ali TradeBook By M.Ali TradeBook : By ‫ ؤ‬M.Ali

‫ار‬
TradeBook
‫م‬ ‫ ر‬By
‫ ر ؤ‬M.Ali
‫اا‬ ‫ ۔‬TradeBook ‫نر م ر‬By ‫او اور‬،TradeBook
‫ در‬M.Ali ‫ا ر ط‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By
‫ دور‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By :‫ ڑ‬M.Ali
TradeBook By M.Ali‫آؤٹاسو‬ TradeBook
‫ى‬ ‫ ۔ا‬By‫ر‬ M.Ali‫ و‬TradeBook
‫ر‬ ‫ ن‬By‫ول‬M.Ali
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‫اوراو‬ ‫ت‬ By ‫ او ٹ‬TradeBook
، M.Ali ‫او ى‬ By M.Ali
‫ر‬
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TradeBook By M.Ali TradeBook By M.Ali TradeBook:‫ف‬By M.Ali
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‫آؤٹ ا‬ ‫اورا‬ ‫او‬ ‫ڑے‬ ‫ف ا ازہاس‬ ‫آؤٹ‬ ‫ى‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ف ا‬ ‫ف‬ ‫۔ او‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫د‬،‫آں‬ ‫۔‬ ‫او‬ ‫ او ى‬، ‫ا ر‬ ‫آؤٹ‬ ‫رت دا‬ ‫ى‬ ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا ل‬ ‫ر را ں‬ ‫اور دا‬ ‫ى‬ ‫اوزاراورا رے ن‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook‫ ۔‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ںاورر‬ ‫د‬ ‫ ا‬، ‫آؤٹ رہدے‬ ‫ى‬ ‫ن‬ ‫آ‬ ‫ورى‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ٹ‬M.Ali
‫وں‬ ‫اس‬، ‫آؤٹاورو‬ ‫۔‬ ‫ا ل‬
TradeBook By M.Ali TradeBook By ‫ں‬M.Ali ‫ر‬ ‫ز دہدر‬
TradeBook ‫ں‬
By M.Ali
TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali ‫ر‬
TradeBook ‫اور ر‬
By ‫ط‬M.Ali‫ا‬

TradeBook
Symmetrical ByTriangle
M.AliBullish TradeBook
Chart : By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 59

Symmetrical Triangle (Bearish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
A symmetricalBytriangle
M.Ali TradeBook
pattern can also indicate By TradeBook
M.Ali bearish
a potential By M.Ali
breakout. While
the symmetrical triangle pattern is typically associated with a continuation or reversal
TradeBook
pattern, the By M.Ali
direction of theTradeBook
breakout determines M.Aliit TradeBook
Bywhether is bullish or bearish.By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Here are the key characteristics of a symmetrical triangle bearish pattern:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Converging By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Trendlines:
The symmetrical triangle pattern is formed by two trendlines, one connecting the
TradeBook Byhighs
series of lower M.Ali and theTradeBook
other connectingBy M.Ali
the series TradeBook
of higher lows. These By M.Ali
trendlines converge,
TradeBook By M.Ali creating a narrowing triangular shape.
TradeBook By M.Ali TradeBook By M.Ali
Decreasing Volatility:
TradeBook
As the price By M.Aliwithin
consolidates TradeBook Byrange
the triangle, the M.Ali TradeBook
between By M.Ali
the highs and lows
TradeBook By M.Ali
typically narrows. TradeBook
This decreasing By
volatility indicates a periodTradeBook
M.Ali of indecision in the By M.Ali
market.
TradeBook
Breakout: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
A bearish breakout TradeBook
occurs when Bybelow
the price breaks M.Ali TradeBook
the lower By M.Ali
trendline of the
symmetrical triangle with increased trading volume. This breakout suggests a
TradeBook Byin sentiment
potential shift M.Ali TradeBook
and the beginningBy M.Ali
of a new TradeBook
downward trend. By M.Ali
Price Target:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The projected price target for the bearish breakout can be estimated by measuring
TradeBook
the height ofBythe M.Ali
triangle atTradeBook
its widest point and M.Ali TradeBook
Bysubtracting it from the breakout By M.Ali
point. This provides a potential target for the downward move.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Traders oftenBywaitM.Ali TradeBook
for conrmation By M.Ali
of the breakout, such as TradeBook By M.Ali
a close below the lower
trendline, before entering a bearish trade. Additionally, other technical analysis tools
TradeBook By M.Ali in conjunction withBy
and indicators can be used TradeBook pattern toTradeBook
the M.Ali conrm the bearish By M.Ali
TradeBook By M.Ali
bias and identify or exit points.By M.Ali TradeBook By M.Ali
TradeBook
potential entry

TradeBook By
It's important M.Ali
to note TradeBook
that while the symmetrical Bytriangle TradeBook
M.Alipattern can suggest aBy M.Ali
TradeBook By M.Ali
potential bearish breakout, TradeBook
it should be used alongside
By M.AliotherTradeBook
analysis techniques ByandM.Ali
risk management strategies for more accurate trading decisions. False breakouts and
TradeBook
whipsaws can Byoccur,
M.Ali TradeBook
so traders should exerciseBy M.Ali
caution TradeBook
and consider the overallBy M.Ali
market context.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ ن‬By ‫ ا‬M.Ali ‫ ن م ر‬TradeBook‫ول‬ ‫ ۔‬By M.Ali ‫ آؤٹ‬TradeBook
‫ش‬ ‫ن‬ ‫ول‬ ‫ا‬
By M.Ali
TradeBook By M.Ali TradeBook ‫ى۔‬ By
‫ ى‬M.Ali
‫آ‬ TradeBook
‫اس ت‬ ‫ آؤٹ‬By ، M.Ali
TradeBook By M.Ali TradeBook By M.Ali : ‫ت‬ TradeBook‫ ش ن ا‬By ‫ ول‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook : By‫ ر‬M.Ali
TradeBook
‫آ‬ ‫۔‬By‫ ڑ‬M.Ali ‫ ں‬TradeBook
‫ڑ اوردو ااو‬ By
‫ ں‬M.Ali
‫او‬ ‫ا‬، TradeBook
‫ں‬ ‫دو‬ By‫ ول‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬ TradeBook ‫ا‬، By M.Ali
 How To Day Trade For Living 60

TradeBook By M.Ali TradeBook By M.Ali TradeBook : By

‫ر ؤ‬M.Ali
‫ا‬
TradeBook
‫م‬ ‫ؤ ر‬By‫ا ر‬M.Ali
‫ا‬ ‫ ۔‬TradeBook ‫ نر م ر‬By ‫او اور‬، TradeBook
‫ در‬M.Ali ‫ا ر ط‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By M.Ali
‫دور‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By :‫ ڑ‬M.Ali
TradeBook
‫آؤٹ‬ ‫ ۔‬By ‫ آ‬M.Ali TradeBook ‫ول‬ By‫ ر‬M.Ali TradeBook ‫ آؤٹاسو‬By‫ش‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ By‫آ ز‬M.Ali ‫ ر ن‬TradeBook
‫فا‬ ‫اور‬ By‫ ت‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook:‫ف‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫آؤٹ ا‬ ‫پ اورا‬ ‫ڑے‬ ‫اس‬ ‫او‬ ‫ف ا ازہ‬ ‫ش آؤٹ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ف ا‬ ‫ا‬ ‫ف‬ ‫۔‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫د‬،‫آں‬ ‫۔‬ ، ‫ا ر‬ ‫آؤٹ‬ ‫ا‬ ‫دا‬ ‫ش‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ا ل‬
TradeBook By M.Ali ‫ں‬TradeBook ‫ر را‬ ‫اور دا‬
By M.Ali ‫ش‬ ‫اوزاراورا رے ن‬
TradeBook By M.Ali
‫۔‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ںاور‬ ‫د‬
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TradeBook By‫ى‬ ‫ن‬
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By‫ ٹ‬M.Ali
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By‫ ط‬M.Ali
‫ا‬

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

Symmetrical
TradeBook ByTriangle
M.AliBearish Chart :
TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 61

Ascending Triangle (Bullish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
An ascending By M.Ali
triangle TradeBook
is a bullish chart patternBy typically TradeBook
thatM.Ali forms during an uptrendBy M.Ali
and suggests a potential continuation of the upward movement. It is characterized by
TradeBook
a at upper By M.Ali
trendline and aTradeBook M.Ali aTradeBook
By creating
rising lower trendline, triangle-like pattern.By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Here are the key characteristics of an ascending triangle bullish pattern:
TradeBook
HorizontalBy M.Ali TradeBook By M.Ali TradeBook By M.Ali
Resistance:
TradeBook
The pattern By M.Ali
features a horizontal resistance level,
TradeBook By where
M.Ali the TradeBook
price repeatedly touches
or struggles to break above. This resistance level acts as a ceiling for the price
By M.Ali
TradeBook
movement. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Rising Support:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The ascending triangle pattern is dened by a rising trendline that connects the series
TradeBook ByThis
of higher lows. M.Ali TradeBook
rising support BythatM.Ali
line indicates TradeBook
buyers are By M.Ali
stepping in at higher
levels, creating higher swing lows.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Decreasing Volatility:
TradeBook
As the priceBymoves M.Ali
within theTradeBook M.AlitheTradeBook
Bypattern,
ascending triangle range between the By M.Ali
highs and lows
TradeBook By gradually
M.Ali narrows. This decreasing volatility signies a period of
TradeBook By M.Ali TradeBook By M.Ali
consolidation and potential accumulation by buyers.
TradeBook
Breakout: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The bullish breakout
TradeBook By occursTradeBook
M.Ali when the price breaksBy above
M.Ali theTradeBook
horizontal resistance By M.Ali
level. This breakout is typically accompanied by an increase in trading volume,
TradeBook
indicating a By M.Ali
potential surgeTradeBook
in buying pressureBy and M.Ali TradeBook
a continuation By M.Ali
of the uptrend.
TradeBook By M.Ali TradeBook
Price Target: The projected price target for theBy TradeBook
M.Alitriangle
ascending breakout can Bybe M.Ali
TradeBook
estimated byBy M.AlitheTradeBook
measuring M.AliatTradeBook
By pattern
height of the triangle its widest point and By M.Ali
adding it to the breakout level. This provides a potential target for the upward move.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Traders oftenBy waitM.Ali TradeBook
for conrmation By
of the breakout, such as TradeBook
M.Ali a close above the By M.Ali
resistance level, before entering a bullish trade. Additionally, other technical analysis
TradeBook By M.Ali
tools and indicators can beTradeBook
used to conrm the By M.Ali
bullish TradeBook
bias and By M.Ali
identify potential
entry or exit points.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By
It's important M.Ali
to note TradeBook
that while the ascendingBy M.Ali
triangle TradeBook
pattern By M.Ali
suggests a potential
bullish continuation, it should be used in conjunction with other analysis techniques
TradeBook By M.Ali
and risk management TradeBook
strategies By M.Ali
for more accurate TradeBook
trading decisions. By M.Ali
False breakouts
TradeBook
and whipsaws BycanM.Ali
occur, soTradeBook By
traders should exercise M.Ali TradeBook
caution and By M.Ali
consider the overall
market context.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫اوراو‬ ‫م ر او ر ن دوران‬ ‫ى رٹ ن‬ ‫ا ا‬ ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ن‬ ، ‫اورا‬ ‫او ى‬ ‫ا‬
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: ‫ت‬ ‫ن ا‬ ‫ى‬
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‫ا‬
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By M.Ali
‫۔‬ ‫ر م‬
 How To Day Trade For Living 62
:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫رٹ اس‬ ‫ڑ ۔‬ ‫ں‬ ‫او‬ ‫ا‬ ‫ن‬
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‫۔‬ ‫ا ر‬ ‫او‬
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‫اا ر ؤ‬ ‫ ۔‬M.Ali ‫در نر آ آ‬
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M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ت‬ ‫اروں ف ا ماور‬
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، By‫ ا‬M.Ali ‫آؤٹ م ر ر‬ ‫۔‬ ‫او‬ ‫ا ا‬ ‫آؤٹاسو‬
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‫ ارى‬M.Ali

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TradeBook
‫ ڑے م‬By M.Ali ‫اس‬ ‫ن او‬ TradeBook
‫ف ا ازہ‬ By M.Ali ‫ آؤٹ‬TradeBook:‫ف‬ By M.Ali
TradeBook By‫ ۔‬M.Ali ‫ ف ا‬TradeBook ‫ف‬ ‫ ۔‬M.Ali TradeBook
‫او‬By ‫آؤٹ ل‬ By
‫پ اورا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫د‬،‫ آں‬By ‫ ۔‬M.Ali‫او‬ TradeBook
‫ا‬ ، ‫ ا ر‬By‫آؤٹ‬ M.Ali TradeBook ‫رت دا‬ ‫ى‬By‫ ا‬M.Ali
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‫ر را ں‬ ‫ دا‬By ‫ اور‬M.Ali TradeBook
‫ آ تاورا رے ى‬By M.Ali
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TradeBook‫ںاورز دہدر‬By M.Ali
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‫۔‬ ‫ ا ل‬By M.Ali ‫ں‬ TradeBook ‫ر‬ ‫ں‬By ‫ر‬M.Ali
TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali ‫ ر‬TradeBook ‫ اور ر‬By‫ ط‬M.Ali‫ا‬
TradeBook
AscendingBy M.AliBullish
Triangle TradeBook
Chart : By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 63

Descending Triangle (Bearish)

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
A descending By M.Ali
triangle TradeBook
is a bearish By
chart pattern typicallyTradeBook
thatM.Ali forms during a By M.Ali
downtrend and suggests a potential continuation of the downward movement. It is
TradeBook
characterizedBy by aM.Ali
at lower TradeBook By M.Ali
trendline and a descending upperTradeBook Bya M.Ali
trendline, creating
triangle-like pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Here are theBy M.Ali TradeBook
key characteristics of a descending By M.Ali
triangle TradeBook
bearish pattern: By M.Ali
HorizontalBy
TradeBook Support:
M.Ali TradeBook By M.Ali TradeBook By M.Ali
The pattern features a horizontal support level, where the price repeatedly touches or
TradeBook
struggles toBybreakM.Ali
below. ThisTradeBook
support level actsByas M.Ali
a oor for TradeBook By M.Ali
the price movement.
Descending
TradeBook By Resistance:
M.Ali TradeBook By M.Ali TradeBook By M.Ali
The descending triangle pattern is dened by a declining trendline that connects the
TradeBook Byhighs.
series of lower M.Ali TradeBook
This descending BylineM.Ali
resistance indicatesTradeBook
that sellers are By M.Ali
stepping in at lower levels, creating lower swing highs.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Decreasing Volatility:
TradeBook
As the priceBymoves M.Ali
within theTradeBook By pattern,
descending triangle M.Ali the TradeBook
range between theBy M.Ali
highs and lows gradually narrows. This decreasing volatility signies a period of
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
consolidation and potential distribution by sellers.
TradeBook
Breakout: By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The bearish breakout occurs when the price breaks below the horizontal support
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
level. This breakout is typically accompanied by an increase in trading volume,
TradeBook
indicating aBy M.Ali
potential surgeTradeBook
in selling pressureBy and M.Ali TradeBook
a continuation By M.Ali
of the downtrend.
Price Target:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The projected price target for the descending triangle breakout can be estimated by
TradeBook
measuring theByheight
M.Aliof theTradeBook
triangle pattern at By M.Alipoint
its widest TradeBook
and subtractingByit M.Ali
from the breakout level. This provides a potential target for the downward move.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Traders oftenBywaitM.Ali TradeBook
for conrmation By M.Ali
of the breakout, such as TradeBook
a close below the By M.Ali
support level, before entering a bearish trade. Additionally, other technical analysis
TradeBook By M.Ali
tools and indicators can beTradeBook
used to conrm the Bybearish
M.Ali bias TradeBook By M.Ali
and identify potential
TradeBook
entry or exitBy M.Ali TradeBook By M.Ali TradeBook By M.Ali
points.

TradeBook By
It's important M.Ali
to note TradeBook
that while the descending Bytriangle
M.Ali TradeBook
pattern By M.Ali
suggests a potential
bearish continuation, it should be used in conjunction with other analysis techniques
TradeBook By M.Ali TradeBook
and risk management strategies By M.Ali
for more accurate
TradeBook By M.Ali
trading decisions. False breakouts
TradeBook
and whipsaws BycanM.Ali
occur, soTradeBook By M.Ali
traders should exercise TradeBook
caution and By M.Ali
consider the overall
market context.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ف‬ ‫اور‬ ‫ر ن دوران‬ ‫م ر‬ ‫ش رٹ ن‬ ‫ا‬ ‫ا و‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ن‬ ، ‫اور ا او ى‬ ‫ا‬ ‫۔اس‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
: ‫ت‬ ‫ش ن ا‬ ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook:‫رٹ‬By M.Ali ‫ا‬
TradeBook‫ و‬By M.Ali ‫ رٹ ل‬TradeBook
‫۔‬ ‫و‬ By M.Ali ‫ ر ر‬TradeBook
‫ ں‬، ‫ رٹ ل‬By ‫ ن ا‬M.Ali
‫۔‬ ‫ر م‬ ‫ش‬
 How To Day Trade For Living 64

TradeBook By M.Ali TradeBook By M.Ali TradeBook : By ‫و ا‬M.Ali

TradeBook‫اس ت‬By M.Ali
‫ ۔ و ا‬TradeBook
‫ڑ‬ ‫ او ں‬By M.Ali TradeBook ‫ا‬ ‫ ن‬By ‫و‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ں ا ر‬ By‫ در‬M.Ali ، TradeBook
‫مر ر‬ ‫ وا‬By M.Ali
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‫ر ؤ‬M.Ali
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‫اا ر ؤ‬
By‫ ۔‬M.Ali TradeBook
‫در نر آ آ‬
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‫او اور‬، ‫ن ا ر‬
TradeBook‫ ا‬By M.Ali
TradeBook By M.Ali TradeBook ‫ ۔‬By M.Ali ‫ت‬
TradeBook
‫ن ذر ا ماور‬
By ‫و‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
:‫ڑ‬
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‫ا‬ ‫آؤٹ م ر ر‬ ‫۔‬ ‫آ‬ ‫رٹ ل‬
TradeBook By M.Ali TradeBook By M.Ali‫ ا‬TradeBook ‫ش آؤٹاسو‬
By M.Ali
‫۔‬
TradeBook By M.Ali TradeBook By‫ن‬M.Ali ‫ر‬ ‫اور‬ ‫ا‬
TradeBook ‫دؤ‬ ‫و‬
By، M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook:‫ف‬By M.Ali
TradeBook By‫ م‬M.Ali
‫پ اورا‬ ‫ڑے‬ TradeBook
‫اس‬ ‫ن او‬ By ‫ا ازہ‬M.Ali
‫ف‬ TradeBook ‫آؤٹ‬ By ‫و‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ف ا‬By‫ ا‬M.Ali ‫ ف‬TradeBook ‫۔‬ By
‫آؤٹ ل‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫د‬،‫ آں‬By‫ ۔‬M.Ali‫ ل‬TradeBook
‫رٹ‬ ، ‫ا ر‬By M.Ali ‫آؤٹ‬ TradeBook
‫ا‬ ‫ دا‬By‫ ش‬M.Ali
TradeBook By ‫۔‬M.Ali ‫ل‬TradeBook ‫ا‬ ‫را ں‬By ‫ اور دا‬TradeBook
‫ ر‬M.Ali ‫اورا رے ش‬ By M.Ali
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TradeBook By‫اورر‬M.Ali
‫ں‬ ‫ د‬TradeBook ‫ ا‬، By M.Ali ‫ى‬ ‫ن‬TradeBook ‫و‬ ‫ ورى‬By ‫ ٹ‬M.Ali
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‫وں ا ط‬ By M.Ali
‫اس‬، TradeBook
‫آؤٹاورو‬ ‫ ۔‬By ‫ل‬M.Ali ‫ا‬ TradeBook
‫ں‬ ‫ر‬ ‫ ز دہدر‬By ‫ ں‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫ ۔‬TradeBook‫ر‬ By
‫ اور ر‬M.Ali
Ascending Triangle Bullish Chart :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 65

TradeBookIntroduction
By M.Ali TradeBook to CandlestickBy M.Ali TradeBook Pa ernBy M.Ali
TradeBook By M.AlireferTradeBook
In trading, candlesticks By M.Ali TradeBook
to the graphical representation of price movements By M.Ali
using candlestick charts. Candlestick charts display the open, high, low, and close
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
prices for a given time period in a visually appealing manner.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Each candlestick on the chart represents a specic time interval, such as one minute,
TradeBook
ve minutes,By one M.Ali
hour, oneTradeBook
day, etc. The bodyBy of theM.Ali TradeBook
candlestick represents theBypriceM.Ali
TradeBook
range betweenBytheM.Ali
openingTradeBook
and closing pricesByduringM.Ali TradeBook
that time period. The topByand M.Ali
bottom lines, known as shadows or wicks, extend from the body and represent the
TradeBook
high and low By M.Ali
prices during that time.By M.Ali TradeBook By M.Ali
reachedTradeBook
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The color of the candlestick's body can indicate the relationship between the opening
TradeBook
and closing By M.Ali
prices. Typically,TradeBook
if the closing priceBy M.Ali
is higher thanTradeBook
the opening price,By the M.Ali
body is colored green or white, indicating a bullish or positive sentiment. On the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
other hand, if the closing price is lower than the opening price, the body is usually
TradeBook
colored red By M.Ali
or black, TradeBook
indicating By M.Ali
a bearish or negative TradeBook By M.Ali
sentiment.

TradeBook By M.Ali
Traders use candlestick TradeBook
charts to analyze price By M.Ali
patterns TradeBook
and identify By M.Ali
potential trading
TradeBook ByCandlestick
opportunities. M.Ali patterns,
TradeBook By
such as doji, M.Ali
hammer, TradeBook
engulng, and manyBy M.Ali
others, are studied to understand market sentiment and forecast future price
TradeBook
movements.By TheseM.Ali
patternsTradeBook
can provide insights ByintoM.Ali
potentialTradeBook
reversals, By M.Ali
continuations, or indecision in the market.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
Candlestick analysis is oftenTradeBook
combined with other Bytechnical TradeBook
M.Ali indicators, By M.Ali
such as trend
lines, moving averages, and volume analysis, to enhance trading decisions and
TradeBook By strategies.
develop trading M.Ali TradeBook By M.Ali
It is important to remember that TradeBook
candlestick patternsByareM.Ali
TradeBook
not foolproofBy andM.Ali
should be TradeBook
used in conjunctionBywith other TradeBook
M.Ali ByriskM.Ali
forms of analysis and
management techniques.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Candlestick Pa erns :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 66

TradeBook By M.Ali
، ‫ رت‬candlesticks ‫ ۔‬TradeBook
‫ا د‬ ‫ى‬ By M.Ali
‫و‬ TradeBook ‫ رٹ ا ل‬By‫م‬M.Ali
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‫ں ى ر د‬ By
‫ اور‬، M.Ali
‫او‬، TradeBook
‫ص ت‬ ‫ ر ا‬By ‫ ل‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
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‫و ہ۔‬،‫ا دن‬،
By M.Ali‫ا‬، ،
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By M.Ali
‫و‬ ‫صو‬
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By‫رٹ‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
، ‫۔او اور‬ ‫وا ں در ن‬ ‫ڈىاس ت دوران اور‬ ‫ل‬
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‫۔‬ ‫ں‬ ‫وا او اور‬ ‫اوراسو‬ ، ِ‫و و‬
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TradeBook ‫ ا ا‬By M.Ali ‫ا ا‬، ‫م ر‬TradeBook
‫۔‬ ‫در ن‬M.Ali
By ‫ں‬ ‫ر ا اورا‬
TradeBook By‫ ل‬M.Ali
TradeBook‫ ا‬By ‫ا‬ M.Ali‫ا ا‬،‫ ف‬TradeBook
‫۔دو ى‬ By M.Ali
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‫ز‬
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ت‬By ‫ى‬M.Ali ، TradeBook
‫ ر م ر خ ہ‬By، M.Ali
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TradeBook ‫۔ ل‬By M.Ali ‫ رٹا ل‬TradeBook ‫ل‬ By M.Ali ‫ ر ا‬TradeBook
‫اور‬ ‫ں‬ By M.Ali
TradeBook‫ و‬By M.Ali‫ اور‬TradeBook ‫ت‬ ‫ ر‬By،‫ے‬M.Ali ‫دو‬ TradeBook
‫اور‬، ‫ا‬،‫ ڑا‬، ‫ ڈو‬By ،‫ ن‬M.Ali
TradeBook ‫ ۔‬By M.Ali ‫ت ا‬ TradeBook ، ، By‫ ا‬M.Ali‫ ر‬TradeBook ‫۔‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ و‬، ،‫ا رے‬ ‫ا د‬ ‫ل‬ ‫ں ر‬ ‫اور ر‬ ‫ں‬ ‫ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫اوران ا ل‬ ‫ن ل وف‬ ‫ل‬ ‫ورى‬ ‫۔ در‬ ‫اور‬، ‫ا ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook‫ ۔‬By M.Ali TradeBook ‫ں‬ ‫د ا ماورر‬
By M.Ali
Candlestick Pa erns :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 67

Doji :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
A doji is a candlestick pattern that forms when
TradeBook
the openingBy and M.Ali of an asset areBy M.Ali TradeBook By M.Ali
TradeBook
closing prices
TradeBook
very close orBy M.Ali
nearly equal. ItTradeBook
has a small or By M.Ali TradeBook By M.Ali
nonexistent body and equally long upper and
TradeBook
lower shadowsByorM.Aliwicks. The TradeBook
doji pattern By M.Ali TradeBook By M.Ali
represents aBy
TradeBook stateM.Ali
of indecision in the market,
TradeBook By M.Ali TradeBook By M.Ali
indicating a potential reversal or period of
TradeBook ByIt suggests
consolidation. M.Ali that neither buyers By M.Ali TradeBook By M.Ali
TradeBook
nor sellers have gained control over the price,
TradeBook
and traders ByshouldM.Ali caution and seek By M.Ali TradeBook By M.Ali
exerciseTradeBook
TradeBook
conrmation By fromM.Ali
subsequent price action By M.Ali TradeBook By M.Ali
TradeBook
before making trading decisions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫اس‬By ‫ ں۔‬M.Ali
‫ً ا‬ TradeBook ‫ ا اورا‬By‫ ا‬M.Ali TradeBook
‫ن اسو‬ ‫ لا‬By‫ ا‬M.Ali
‫ڈو‬
TradeBook
، By M.Ali TradeBook ‫نر‬ ‫ ۔ڈو‬By M.Ali ‫ و ا‬TradeBook ‫ اوراو ىاور‬By‫ د‬M.Ali
TradeBook
‫اور‬، By‫ ول‬M.Ali‫ ن‬TradeBook ‫و‬ ‫ اروںاور‬By M.Ali‫ ۔‬TradeBook ‫ ا م ت‬By‫ ا‬M.Ali
TradeBook By M.Ali ‫۔‬ TradeBook ‫رروا‬ By M.Ali TradeBook
‫اور ر‬ ‫ ط‬By
‫ وں ا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Hammer :
By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
A hammer isBy M.Ali
a bullish candlestick pattern seenBy M.Ali TradeBook By M.Ali
TradeBook
in technical analysis. It is formed when the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
price opens, declines signicantly during the
TradeBook Byand
trading session, M.Ali TradeBook
then rallies to close near orBy M.Ali TradeBook By M.Ali
above the opening price. The pattern resembles
TradeBook
a hammer, withBy aM.Ali
small body near the top of By M.Ali TradeBook By M.Ali
TradeBook
TradeBook By
the candlestick M.Ali
and a long lower shadow. The By M.Ali TradeBook By M.Ali
TradeBook
hammer suggests a potential reversal of a
TradeBook
downtrend, By M.Ali
indicating that TradeBook
buyers may be By M.Ali TradeBook By M.Ali
stepping in and gaining control.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫دوران ں ر‬By M.Ali ، TradeBook‫اسو‬By ‫ ۔‬M.Ali‫د‬ TradeBook ‫ م‬By ‫ ڑاا‬M.Ali
TradeBook ‫ او ى‬By M.Ali ، TradeBook
‫ڑے‬ ‫۔ نا‬ ‫اس او‬M.Ali TradeBook
By ‫وع وا‬ ‫اور ر‬By
، M.Ali
TradeBook
‫ار م‬ By M.Ali، TradeBook ‫ا‬ ‫ن‬By ‫ ۔ ڑا‬TradeBook
‫ ر‬M.Ali ‫اورا‬ By‫ ا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬TradeBook ‫ر‬ ‫ اور ول‬By‫ ر‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 68
Hanging Man :
TradeBook
A hanging man ByisM.Ali candlestick patternBy M.Ali TradeBook By M.Ali
a bearish TradeBook
TradeBook
commonly observed By M.Ali in technical
TradeBook By M.Ali TradeBook By M.Ali
analysis. It forms
when the price opens, rallies signicantly during
TradeBook By M.Ali
the trading session, but then declines to close By M.Ali TradeBook By M.Ali
TradeBook
near or below the opening price. The pattern
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
resembles a hanging man, with a small body
TradeBook
near the topBy M.Ali
of the candlestickTradeBook
and a long lower By M.Ali TradeBook By M.Ali
shadow.
TradeBook
The hangingBy manM.Ali
indicates TradeBook
a potential reversalBy of M.Ali TradeBook By M.Ali
TradeBook
an uptrend, By M.AlithatTradeBook
suggesting sellers might be By M.Ali TradeBook By M.Ali
entering the market and gaining control. It
TradeBook
signies a shift ByinM.Ali from bullish to By M.Ali TradeBook By M.Ali
sentimentTradeBook
bearish. However,
TradeBook By it is important to consider
M.Ali TradeBook By M.Ali TradeBook By M.Ali
other factors and conrmatory signals before
TradeBook
making trading Bydecisions
M.Ali based TradeBooksolely on the By M.Ali TradeBook By M.Ali
hanging man pattern.
TradeBook
‫دوران ں ر ھ‬
By M.Ali ،
TradeBook ‫۔ اسو‬
By
‫د‬
M.Ali ‫م ر‬
TradeBook
‫ن‬ ‫ش ل‬
By
‫وا آد ا‬
M.Ali
TradeBook
‫او ى‬ ‫م‬
By M.Ali ‫ ا‬، ‫ ر‬TradeBook ‫آد‬ ‫ ا‬By ‫ ۔‬M.Ali
‫ا ر د‬ TradeBook ‫ ا ا‬By، M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By‫ اور‬M.Ali
TradeBook
‫ى‬ ‫ ۔ ى‬By ‫ر‬ M.Ali
‫اور ول‬ TradeBook
‫ر‬ ‫دا‬ ‫وا ر‬ By M.Ali، TradeBook‫ا‬ ‫او ىر ن‬By‫ وا آد‬M.Ali
TradeBook
‫ورى ۔‬ ‫ ر‬By ‫ روں‬M.Ali
‫ا‬ ‫ے ا اور‬ TradeBook
‫دو‬ ‫د ر‬By‫ ن‬M.Ali ‫ ف‬،TradeBook
‫۔‬ By‫ف‬M.Ali
‫ت‬
Shooting Star
TradeBook By : M.Ali TradeBook By M.Ali TradeBook By M.Ali
A shooting star is a bearish candlestick pattern
TradeBook By M.Ali
frequently observed TradeBook
in technical analysis. It forms By M.Ali TradeBook By M.Ali
when the price opens, rallies signicantly during the
TradeBook
trading session,Bybut M.Ali TradeBook
then declines to close near Byor M.Ali TradeBook By M.Ali
TradeBook By M.Ali
below the opening price. The TradeBook
pattern resemblesBy a M.Ali TradeBook By M.Ali
shooting star, with a small body near the bottom of
TradeBook
the candlestickByandM.Ali TradeBook
a long upper shadow. By M.Ali TradeBook By M.Ali
The shooting star indicates a potential reversal of an
TradeBook By M.Ali TradeBook
uptrend, suggesting that sellers might be entering By M.Ali TradeBook By M.Ali
TradeBook
the market and Bygaining
M.Ali TradeBook
control. It signies a shift By in M.Ali TradeBook By M.Ali
sentiment from bullish to bearish. Traders often
TradeBook
interpret theBy M.Ali
shooting star asTradeBook
a warning sign that BytheM.Ali TradeBook By M.Ali
previous upward momentum may be losing strength.
TradeBook
However, it is By M.Alito consider
important TradeBook other factors By andM.Ali TradeBook By M.Ali
TradeBook
conrmatoryBy M.Ali
signals TradeBook
before making By M.Ali TradeBook By M.Ali
trading decisions
solely based on the shooting star pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
، ‫دوران ں ر ھ‬ ، ‫۔ اسو‬ ‫ا د‬ ‫ن‬ ‫ش ل‬ ‫ا را‬
TradeBook
‫اورا‬
By
‫ا‬
M.Ali ‫ل‬
TradeBook ، ‫ر‬ ‫ا ر‬
By M.Ali
‫۔ ن‬
TradeBook
‫ا ر د‬
By ‫ا ا‬
M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook‫ ۔‬By M.Ali ‫او ى‬
TradeBook
‫ى‬ ‫۔ ى‬By ‫ ر‬M.Ali ‫ اور ول‬TradeBook
‫ر‬ ‫دا‬ ‫ وا ر‬By M.Ali ، TradeBook ‫ا‬ ‫ ن‬By
‫ راو ىر‬M.Ali
TradeBook ‫ ف‬، ‫ ۔‬By ‫ ر‬M.Ali ‫او ر ر‬TradeBook ‫ر ن‬ ‫ ا ر ا ا‬TradeBook
By M.Ali ‫۔ ا‬ By‫ ت‬M.Ali ‫ف‬
‫ورى ۔‬ ‫ر‬ ‫ا اور‬ ‫د‬ ‫ر‬ ‫د‬ ‫ا ر ن‬
 How To Day Trade For Living 69
Checkmate :
TradeBook
if we were toBy drawM.Ali TradeBook
a parallel between By M.Ali
chess and trading, TradeBook
we could loosely By M.Ali
dene "checkmate"
TradeBook
as a situation By
whereM.Ali
a trader orTradeBook By
investor has executed M.Ali
a winning TradeBook
move or strategy that By M.Ali
signicantly outperforms the market or their competitors.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
In trading, checkmate could be achieved when a trader successfully identies an opportunity,
TradeBook By M.Ali TradeBook
makes a well-timed and protable Bytheir
trade, and surpasses M.Ali nancialTradeBook By M.Ali
goals. It implies a decisive
TradeBook
and successfulBymoveM.Ali
that leavesTradeBook ByofM.Ali
the trader in a position advantageTradeBook
or victory. By M.Ali
TradeBook
It is importantBy M.Ali
to note TradeBook
that trading Byvarious
and investing involve M.Ali TradeBook
factors and uncertainties,By M.Ali
making it more
TradeBook Bycomplex
M.Ali than aTradeBook
game of chess. UnlikeBy chess,
M.Ali there isTradeBook
no clear-cut moment By of M.Ali
"checkmate" in trading, as markets are dynamic and ever-changing. Success in trading is often
TradeBook
measured by By M.Ali
consistent TradeBook
protability By M.Ali
and risk management rather thanTradeBook By M.Ali
a single, dening moment.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Ultimately, achieving consistent success in trading requires ongoing analysis, adaptation, and
TradeBook By M.Ali
prudent decision-making basedTradeBook
on market conditions,Byrather
M.Ali TradeBook
than relying on a singular By M.Ali
"checkmate" moment.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ ںا‬By M.Ali‫ر ن‬ ‫ل‬TradeBook
‫رت‬ ‫" ا‬ "By ، M.Ali ‫ ازى‬TradeBook
‫ اور رت در نا‬By M.Ali ‫ا‬
TradeBook By ‫ ۔‬M.Ali
‫ڑد‬ ‫ر‬TradeBook
‫ں ں‬ ‫ ان‬By ‫ ر‬M.Ali ‫ ا مد‬TradeBook ‫وا ا ام‬ ‫ ا‬By ‫ ر‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫رت‬
By M.Ali
‫و اور‬ ، TradeBook By M.Ali ‫ا‬ TradeBook ‫اسو‬ ، By M.Ali
TradeBook
‫ڑد ۔‬
By‫ ز‬M.Ali ‫ہ‬ TradeBook
‫اور با ام‬ By‫ ا‬M.Ali ‫ ۔اس‬TradeBook ‫ا اف آ‬ By
‫اورا‬ ، M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ز دہ ہ‬
By M.Ali ‫ ا‬TradeBook ، ‫ر ل‬
By M.Ali
‫ا اور‬ ‫رى‬
TradeBook
‫رتاور‬ ‫ورى‬
By ‫ٹ‬
M.Ali
TradeBook By‫ ۔‬M.Ali ‫ر‬
TradeBook
‫كاور‬ ‫ر‬ ،
By M.Ali‫" وا‬
TradeBook
" ‫ رت‬،
By‫ ۔‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬
By M.Ali ‫اورر‬
TradeBook ‫ص‬
By M.Ali
‫ا ازہا ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ت د رى‬ ‫ر‬، ‫و‬ " " ‫ا وا‬ ،
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ورت‬ ‫زى‬ ‫ا‬ ‫اوردا‬، ‫ ا‬،
 How To Day Trade For Living 70
Evening Star :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The evening star is a bearish candlestick pattern commonly observed in technical
TradeBook By M.Ali
analysis. It typically consistsTradeBook
of three candles and found at TradeBook
Byis M.Ali the end of an uptrend.By M.Ali
TradeBook By M.Ali TradeBook
The pattern starts with a large bullish candle, By M.Ali
indicating TradeBook
strong buying pressure.By TheM.Ali
TradeBook
second candle Byis smaller
M.AliandTradeBook
has a narrow realBy body,M.Ali
signalingTradeBook
indecision in theBy M.Ali
market. This candle can be bullish or bearish. Finally, the third candle is a large
TradeBook
bearish candleBythat M.Ali TradeBook
closes below the midpointBy M.Ali
of the TradeBook
rst bullish candle. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The evening star pattern suggests a potential reversal of the uptrend, indicating that
TradeBook
sellers may beBygaining
M.Ali TradeBook
control. sentimentTradeBook
Byin M.Ali
It signies a shift By M.Ali
from bullish to bearish.
The presence of the small indecisive candle in the middle of the pattern represents a
TradeBook By M.Ali
struggle between buyers and TradeBook
sellers. By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often interpret the evening star as a warning sign that the previous upward
TradeBook
momentum By may M.Ali
be weakening TradeBook By M.Ali
and that a potential downtrend TradeBook
could follow. By M.Ali
TradeBook
However, it By M.Alito TradeBook
is important consider other factorsByand M.Ali TradeBook
conrmatory signals beforeBy M.Ali
making trading decisions solely based on the evening star pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫ اورا اپ‬By M.Ali ‫م ں‬ TradeBook
‫۔ م ر‬ ‫ د‬By M.Ali ‫م ر‬ TradeBook
‫ن‬ ‫ش ل‬ By
‫م رہا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By‫ آ‬M.Ali
TradeBook
، ‫ ا‬By
‫ اوراس‬M.Ali‫ى م‬TradeBook ‫۔دو‬ ‫ د ؤ‬By ‫ط‬M.Ali ، TradeBook
‫وع‬ ‫ ى ى م‬By‫ نا‬M.Ali
TradeBook‫ ل‬By ‫ ش‬M.Ali
‫ م ا ى‬TradeBook
‫ ى‬، ‫۔آ‬ By
‫ ىوا‬M.Ali
‫ل ى‬ ‫۔‬TradeBook ‫ م‬By‫ ر‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬TradeBook ‫ ا‬By ‫ ل و‬M.Ali
TradeBook
‫ ۔ ى‬By ‫ ر‬M.Ali ‫ول‬ ‫وا‬TradeBook ‫اس ت‬ By، M.Ali TradeBook ‫ا‬ ‫ ناپ‬By ‫م رہ‬M.Ali
TradeBook ‫ وا ں‬By ‫اروںاور‬M.Ali ‫د‬ TradeBook
‫م‬ By‫ن و‬M.Ali‫۔‬ TradeBook ‫ف ت‬By‫ ى‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫و‬By ‫ ن‬M.Ali
‫در‬
TradeBook
‫ناس وى‬By ‫ ر‬M.Ali ‫اور‬ TradeBook
‫او ر ر ور‬ By ‫ر‬M.Ali TradeBook ‫ا ا‬ ‫رے‬ ‫م‬By‫ ا‬M.Ali
TradeBook ‫ورى ۔‬By‫ ر‬M.Ali ‫ ا روں‬TradeBook
‫د ا اور‬ By‫ ر‬M.Ali‫ ن د‬TradeBook‫رے‬ ‫ ف م‬، By ‫ ۔‬M.Ali
 How To Day Trade For Living 71
Morning Star :
TradeBook
The morningBy star M.Ali
is a bullishTradeBook
candlestick pattern By M.Aliobserved
frequently TradeBook By M.Ali
in technical
TradeBook By M.Ali
analysis. It typically consistsTradeBook
of three candles and found at TradeBook
Byis M.Ali By M.Ali
the end of a downtrend.

TradeBook
The pattern BystartsM.Ali TradeBook
with a large bearish candle,By M.Ali
indicating TradeBook
strong selling pressure.By TheM.Ali
second candle is smaller and has a narrow real body, signaling indecision in the
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
market. This candle can be bullish or bearish. Finally, the third candle is a large bullish
TradeBook By M.Ali
candle that closes above theTradeBook
midpoint of the rst Bybearish
M.Alicandle. TradeBook By M.Ali
TradeBook
The morningBy star M.Ali TradeBook
pattern suggests a potential By M.Ali
reversal of theTradeBook By M.Ali
downtrend, indicating
TradeBook By be
that buyers may M.Ali
gainingTradeBook
control. It signiesBy M.Ali
a shift TradeBook
in sentiment from bearishBy to M.Ali
bullish. The presence of the small indecisive candle in the middle of the pattern
TradeBook
represents aBy M.Ali
struggle betweenTradeBook By M.Ali TradeBook By M.Ali
buyers and sellers.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often interpret the morning star as a signal that the previous downward
TradeBook
momentum By may beM.Ali TradeBook
dissipating uptrend TradeBook
By M.Ali
and that a potential By itM.Ali
could follow. However,
is important to consider other factors and conrmatory signals before making trading
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
decisions solely based on the morning star pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫ ر ن آ‬By‫ اور‬M.Ali ‫ں‬TradeBook ‫م‬ ‫ ۔ م ر‬By ‫ د‬M.Ali ‫ا‬ TradeBook ‫م‬ By‫ رہا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook‫ ۔‬By M.Ali
TradeBook ‫اس ا‬By
‫ اور‬M.Ali ‫ ى م‬TradeBook
‫۔دو‬ ‫ د ؤ‬By ‫ط و‬M.Ali ، TradeBook
‫وع‬ ‫ ى ش ل‬By‫نا‬M.Ali
TradeBook ‫ ل‬By‫ ى‬M.Ali ‫ ى م ا‬TradeBook
، ‫۔آ‬ ‫ ىوا‬By‫ ى‬M.Ali
‫ل‬ ‫ ۔‬TradeBook ‫م‬ By ‫ ر‬،M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫ ۔‬TradeBook‫او‬ ‫ل و ا‬By‫ ش‬M.Ali
TradeBook‫ ۔ ى‬By‫ ر‬M.Ali ‫ ار ول‬TradeBook ،By M.Ali TradeBook ‫ا‬ ‫ر ن‬ ‫ ن‬By‫ ا ر‬M.Ali
‫ر‬
TradeBook By M.Ali
‫اروںاور وا ں‬ ‫ د‬TradeBook
‫م‬ By‫ و‬M.Ali
‫۔ ن‬ TradeBook ‫ف ت‬By‫ى‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By
‫ ن و‬M.Ali
‫در‬
TradeBook
، ‫۔‬
By M.Ali TradeBook
‫اور او ىر ن وى‬ ‫ر ر ر‬
By M.Ali ‫ر‬
TradeBook
‫ا‬ ‫رے‬
By ‫ ا‬M.Ali
TradeBook By M.Ali ‫ورى ۔‬
TradeBook
‫ر‬
By M.Ali TradeBook
‫د ا اور‬ ‫فر ا ر ن د ر‬
By M.Ali
 How To Day Trade For Living 72
Bullish Engulfing :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
A bullish engulng pattern is a bullish candlestick pattern observed in technical
TradeBook By M.Ali
analysis. It typically consists TradeBook
of two candles andBy M.Ali
is found TradeBook
at the end of a downtrend.By M.Ali
TradeBook By M.Ali rst candle is a bearish
The pattern occurs when theTradeBook By M.Ali TradeBook
candle with By M.Ali
a relatively large
TradeBook By selling
body, indicating M.Ali TradeBook
pressure. By M.Ali
The second candle TradeBook
is a bullish candle with an evenBy M.Ali
larger body that engulfs the entire range of the rst candle.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The bullish engulng
TradeBook By M.Alipattern suggests a potential reversal of TradeBook
the downtrend, By M.Ali
TradeBook By M.Ali
indicating that buyers may be gaining control. It signies a shift in sentiment from
TradeBook By M.Ali
bearish to bullish. The largeTradeBook By M.Ali
bullish candle's strength TradeBook
and ability By M.Ali
to completely engulf
the previous bearish candle can indicate a potential increase in buying pressure.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫اور‬
By M.Ali TradeBook
‫۔ م ر دو م ں‬ ‫ہ‬
By M.Ali‫ ن‬TradeBook ‫ل‬ ‫نا‬
By‫ ا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬
By
‫ر ن آ‬
M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫م‬ ‫۔دو ى م ا‬ ‫دؤ‬ ‫ و‬، ‫ً ى ڈىوا ش ل‬ ‫م‬ ‫ناسو‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ے‬ ‫رىر‬ ‫م‬ ‫ا‬ ‫اس‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ر‬ ‫ار ول‬ ، ‫ا‬ ‫ر ن‬ ‫آ وا ن‬ ‫ى‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫ ر‬By ‫ل‬M.Ali ‫ش‬ ‫اور‬ ‫۔ ى ى م‬
TradeBook By M.Ali TradeBook By M.Ali
‫ى ف ت‬ ‫ى‬
‫۔‬ ‫ا‬ ‫ارى د ؤ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
 How To Day Trade For Living 73
Bearish Engulfing :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
A bearish engulng pattern is a bearish candlestick pattern observed in technical
TradeBook By M.Ali
analysis. It typically consistsTradeBook
of two candles and By M.Ali
is found TradeBook
at the By M.Ali
end of an uptrend.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The pattern occurs when the rst candle is a bullish candle with a relatively large
TradeBook By buying
body, indicating M.Alipressure.
TradeBook By M.Ali
The second candle TradeBook
is a bearish candle with anByevenM.Ali
larger body that engulfs the entire range of the rst candle.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By
The bearish engulngM.Ali pattern suggests a potential
TradeBook By reversal
M.Ali ofTradeBook
the uptrend, indicating
that sellers may be gaining control. It signies a shift in sentiment from bullish to
By M.Ali
TradeBook
bearish. TheBy largeM.Ali TradeBook
bearish candle's strength andBy M.Ali
ability TradeBook
to completely engulf theBy M.Ali
previous bullish candle can indicate a potential increase in selling pressure.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Traders oftenBy M.Ali
interpret TradeBook
the bearish By M.Ali
engulng pattern as a signalTradeBook
that the buyingBy M.Ali
pressure is diminishing, and sellers may be entering the market to drive the price
TradeBook ByitM.Ali
lower. However, TradeBook
is important Byfactors
to consider other M.Ali and TradeBook
conrmatory signals By M.Ali
TradeBook
before making Bytrading
M.Ali TradeBook
decisions BytheM.Ali
solely based on TradeBook
bearish engulng pattern. By M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫اورا‬ ‫۔ م ر دو م ں‬ ‫ہ‬ ‫ن‬ ‫ش ل‬ ‫نا‬ ‫شا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫آ‬ ‫اپ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔دو ى م ا‬ ‫ارى د ؤ‬ ، ‫ل‬ ‫ً ى ڈىوا‬ ‫م‬ ‫ناسو‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ے‬ ‫رىر‬ ‫م‬ ‫ا‬ ‫اس‬ ‫ش ل‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔ ى‬
TradeBook By‫ ر‬M.Ali ‫ول‬ ‫وا‬
TradeBook ،
By M.Ali TradeBook ‫ا‬ ‫ناپ‬
By‫شا‬
M.Ali
‫ر‬ ‫ل‬ ‫اور‬ ‫۔ ى ش ل‬ ‫ى ف ت‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬TradeBook‫ ا‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ر‬
TradeBook By M.Ali ‫اور وا‬TradeBook
، ‫ارى د ؤ ر‬ By M.Ali‫ر‬ ‫اس‬
TradeBook ‫ن‬ ‫ شا‬By‫ ا‬M.Ali
‫ورى ۔‬ ‫ر‬ ‫ا اور‬ ‫د‬ ‫ر‬ ‫د‬ ‫ن‬ ‫ ف شا‬، ‫۔‬ ‫دا‬
 How To Day Trade For Living 74
Harami / Inside Bar :
TradeBook
The harami, By M.Alias the
also known TradeBook
inside bar pattern, ByisM.Ali TradeBook
a candlestick pattern observedByinM.Ali
technical analysis. It typically consists of two candles and can occur in both bullish
TradeBook
and bearish By M.Ali TradeBook By M.Ali TradeBook By M.Ali
trends.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The pattern occurs when the rst candle has a relatively large body, representing the
TradeBook
current trend.By TheM.Ali TradeBook
second candle is smaller and By TradeBook
M.Alicontained
completely within theBy M.Ali
range of theBy
TradeBook rst M.Ali
candle.
TradeBook By M.Ali TradeBook By M.Ali
In a bullish harami, the rst candle is bearish, indicating selling pressure, while the
TradeBook
second candle Byis bullish
M.AliandTradeBook
contained within the Byrange
M.Ali TradeBook
of the rst candle. This By M.Ali
suggests a potential reversal of the downtrend, with buyers beginning to exert
TradeBook
inuence. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
In a bearish harami, the rst candle is bullish, indicating buying pressure, while the
TradeBook
second candle Byis bearish
M.AliandTradeBook
contained withinBy M.Ali
the range TradeBook
of the rst candle. ThisBy M.Ali
TradeBook By
suggests a potentialM.AlireversalTradeBook
of the uptrend, with By sellers
M.Ali gaining momentum. By M.Ali
TradeBook
The harami pattern indicates a period of consolidation or indecision in the market, as
TradeBook By M.Ali
the smaller second TradeBook
candle represents Bypause
a temporary M.Ali TradeBook
or balance between buyersBy M.Ali
and sellers. It is often seen as a potential signal for a trend reversal, but it should be
TradeBook By M.Ali TradeBook
conrmed with other technical By M.Ali
indicators or analysis
TradeBook By M.Ali
before making trading decisions
TradeBook
solely based By M.Ali
on the TradeBook By M.Ali TradeBook By M.Ali
harami pattern.

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫اور ىاور‬
By‫ں‬M.Ali‫۔ م ر دو م‬
TradeBook ‫د‬
By‫ن‬M.Ali ‫ل‬
TradeBook
‫ا‬،
By M.Ali
‫ ا رو ر ن‬، ‫ا‬
TradeBook‫۔دو ى م‬
By M.Ali ‫ دہر ن‬TradeBook
، ‫ً ا‬ ‫م‬By M.Ali ‫۔ ناسو‬
TradeBook By M.Ali
‫ىدو ںر ت‬
TradeBook By M.Ali TradeBook By M.Ali ‫ د ۔‬TradeBook
‫ا ر‬ ‫م‬ ‫ ر‬By‫اور‬M.Ali
TradeBook
‫۔‬ ‫ ا ر‬By ‫ ل‬M.Ali ‫اور‬ TradeBook
‫دو ى ل ى‬ ، By M.Ali TradeBook ، ‫ل ش‬ ، By‫ ا‬M.Ali
TradeBook By M.Ali TradeBook ‫خ وع د ۔‬By ‫ اروں‬، TradeBook
‫ ا ور‬M.Ali ‫ا‬ ‫ن‬By‫ ر‬M.Ali
TradeBook
‫ا ر‬ ‫ ل‬By ‫اور‬M.Ali ‫ل ش‬TradeBook
‫دو ى‬ ، By‫ ؤ‬M.Ali
‫ارى د‬ TradeBook
، ‫ل ى‬ ، By ‫ش ا‬M.Ali
TradeBook By M.Ali TradeBook ‫۔‬ ‫ ن ر ر ھر‬By ‫ و‬M.Ali، TradeBook ‫ا‬ ‫ىر ن‬ By‫۔ او‬M.Ali
TradeBook ‫ ن ر و‬By‫ن در‬M.Ali TradeBook
‫اروںاور و‬ ‫دو ى م‬ By، M.Ali‫ت‬TradeBook ‫ا م‬ ‫ر‬By
‫ ن‬M.Ali
‫ا‬
TradeBook
‫اس‬ By
‫ د ر‬M.Ali‫ف ا ن‬ TradeBook، ‫ ر د‬By M.Ali ‫ ا‬TradeBook ‫۔ا ا ر ن‬ By‫ازن‬M.Ali
‫۔‬ ‫ا رے‬ ‫دو ے‬
 How To Day Trade For Living 75
Kicker :
TradeBook By M.Ali
The kicker pattern, also known TradeBook is a strongTradeBook
By M.Ali
as the two-bar pattern, and decisive reversal By M.Ali
pattern observed in technical analysis. It consists of two consecutive candlesticks with
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
opposite directions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
In a bullish kicker pattern, the rst candlestick is bearish, indicating selling pressure. The
TradeBook By M.Ali
second candlestick TradeBook
is bullish and opens with a gapBy M.Ali
up from TradeBook
the previous By M.Ali
candle's close,
signifying a strong surge of buying pressure. The bullish candle completely engulfs the entire
TradeBook
range of the By M.Ali
previous bearishTradeBook Byand
candle, creating a clear M.Ali
powerful TradeBook
shift in sentiment.By M.Ali
In a bearish kicker pattern, the rst candlestick is bullish, indicating buying pressure. The
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
second candlestick is bearish and opens with a gap down from the previous candle's close,
TradeBook By M.Ali
indicating a strong TradeBook
wave of selling By
pressure. The bearishM.Ali
candle fullyTradeBook
engulfs the rangeBy M.Ali
of the
previous bullish candle, indicating a decisive shift in sentiment.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The kicker pattern suggests a sudden and signicant change in market sentiment, often
TradeBook By M.Ali volume. It is considered
accompanied by high tradingTradeBook By aM.Ali
strong and TradeBook
reliable signal of aBy M.Ali
TradeBook
potential trendBy M.Ali
reversal. TradeBook
Traders often interpret theBy patternTradeBook
M.Ali
kicker as a signal to enter By
in the direction of the reversal. However, it is crucial to consider other technical indicators
a tradeM.Ali
TradeBook
and conrmatoryBy signals
M.Alito increase
TradeBook Byof success
the probability M.Alibefore TradeBook
making tradingBy M.Ali
decisions solely based on the kicker pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali ‫ دو ا م ں‬TradeBook
‫۔‬ ‫د‬ By
‫ ن‬M.Ali‫ا‬ ‫ طاور‬TradeBook
‫ا‬، ‫ دو ر ن‬By ،‫ ن‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By ‫۔‬M.Ali
TradeBook
‫ا و‬ By‫ م‬M.Ali ‫ى اور‬
TradeBook
‫۔دو ى لا‬
By‫د ؤ‬M.Ali ‫ و‬، ‫ش‬
TradeBook ‫لا‬ ، ‫ن‬
By ‫ى‬
M.Ali
‫ا‬
، ‫ر ا‬ ‫ش ل رىر‬ ‫ل‬
TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali ‫ارى د ؤ ز د ا‬
TradeBook، By M.Ali
‫آ ۔‬ ‫ت وا اور ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ل‬ ‫ش اور‬ ‫۔دو ى لا‬ ‫ارى د ؤ‬ ، ‫ى‬ ‫لا‬ ، ‫ن‬ ‫ش‬
TradeBook‫ت‬By، M.Ali ‫رى ح‬
TradeBook
‫ل‬ ‫۔ ش ل‬
By M.Ali‫ ط‬TradeBook ‫ا‬ ،
By M.Ali ‫و‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook‫طاور‬ ‫ ا‬By ‫ا‬M.Ali‫ر ن‬ TradeBook
‫۔ا‬ ‫ا ر‬ By، M.Ali TradeBook ‫ت ا اور ں‬ By‫ ن ر‬M.Ali

TradeBook
‫ ن د ر‬By ‫ ف‬M.Ali
، ‫۔‬ TradeBook
‫ر‬ ‫دا‬By‫ رت‬M.Ali TradeBook ‫ن ا‬ ‫۔ ا‬ By ‫د‬M.Ali ‫ا‬
‫ورى ۔‬ ‫ر‬ ‫ا رےاور‬ ‫د‬ ‫ت‬ ‫ا‬
 How To Day Trade For Living 76
Piercing Line :
TradeBook
The piercingBy M.Ali
line is a bullishTradeBook
candlestick pattern By TradeBook
M.Aliin technical
observed analysis. ItBy M.Ali
TradeBook Bycandlesticks
consists of two M.Ali TradeBook ByatM.Ali
and is typically found the endTradeBook
of a downtrend. By M.Ali

TradeBook
The pattern By
occurs M.Ali
when the TradeBook
rst candlestick isBy M.Ali
a large TradeBook
bearish candle, indicating By M.Ali
selling pressure. The second candlestick is a bullish candle that opens below the low
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
of the previous candle and closes at least halfway up the range of the rst candle.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The piercing line pattern suggests a potential reversal of the downtrend, indicating
TradeBook By be
that buyers may M.Ali
gainingTradeBook
control. It signiesBy M.Ali
a shift TradeBook
in sentiment from bearishBy to M.Ali
TradeBook
bullish. The By
second M.Ali
candle'sTradeBook
ability to penetrateBy previous TradeBook
theM.Ali bearish candle andBy closeM.Ali
strongly higher indicates a potential increase in buying pressure.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Traders oftenBy M.Ali
interpret the piercing
TradeBook line pattern
By as aM.Ali
signal that the selling pressure
TradeBook
waning, and buyers may be entering the market to push prices higher. However, it is
By isM.Ali

TradeBook
important toBy M.Ali
consider otherTradeBook By M.Ali
factors and conrmatory signalsTradeBook
before making trading By M.Ali
decisions solely based on the piercing line pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫ر ن آ‬ By‫م ر‬M.Ali
‫اور‬ TradeBook
‫۔ دو م ں‬ ‫ ہ‬By M.Ali TradeBook ‫م‬ ‫ ا‬By ‫ وا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫ ۔‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫م‬ ‫ لا ا‬By ‫دو ى‬M.Ali
‫۔‬ TradeBook
‫دؤ‬ ‫و‬ By
‫ش ل‬M.Ali ‫ ا ى‬TradeBook
‫ل‬ By
‫ ناسو‬M.Ali
TradeBook By M.Ali ‫۔‬TradeBook ‫ آد را‬By
‫از‬ M.Ali‫ م‬TradeBook
‫اور‬ ‫ م‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫۔‬ ‫ر‬ By‫ ول‬M.Ali
‫ار‬ TradeBook
‫ اس ت‬، By M.Ali ‫ ا‬TradeBook
‫ر ن‬ ‫ن‬ By
‫ وا‬M.Ali
TradeBook ‫او‬By M.Ali ‫اور‬ ‫ل‬TradeBook
‫ش‬ ‫ ى ل‬By ‫ ۔دو‬M.Ali TradeBook ‫ ى ف ت‬By‫ ى‬M.Ali
TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali TradeBook ‫ا‬ ‫ ارى د ؤ‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫ر‬ By M.Ali‫اور ار‬، TradeBook
‫دؤ ر‬ ‫و‬ By‫ ر‬M.Ali ‫ اس‬TradeBook
‫ن‬ ‫ وا‬By‫ ا‬M.Ali
‫ورى ۔‬ ‫ر‬ ‫ا اور‬ ‫د‬ ‫ر‬ ‫د‬ ‫ن‬ ‫وا‬ ‫ ف‬، ‫۔‬ ‫دا‬
 How To Day Trade For Living 77
Dark Cloud Cover :
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The dark cloud cover is a bearish candlestick pattern observed in technical analysis. It
TradeBook Bycandlesticks
consists of two M.Ali TradeBook
and is typically found the end TradeBook
ByatM.Ali of an uptrend. By M.Ali
TradeBook By M.Ali rst candlestick isBy
The pattern occurs when theTradeBook M.Ali
a large
TradeBook By M.Ali
bullish candle, indicating
TradeBook
strong buying By M.AliTheTradeBook
pressure. second candlestickBy is a M.Ali TradeBook
bearish candle By M.Ali
that opens above
the high of the previous candle and closes at least halfway down the range of the
TradeBook
rst candle. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The dark cloud cover pattern suggests a potential reversal of the uptrend, indicating
TradeBook BybeM.Ali
that sellers may TradeBook
gaining control. It signies By
a shiftM.Ali TradeBook
in sentiment from bullish toBy M.Ali
bearish. The second candle's ability to penetrate the previous bullish candle and close
TradeBook By M.Ali a potential increaseBy
signicantly lower indicates TradeBook TradeBook By M.Ali
M.Alipressure.
in selling
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Traders often interpret the dark cloud cover pattern as a signal that the buying
TradeBook By M.Ali
pressure is weakening, TradeBook
and sellers may be enteringBy the M.Ali
market TradeBook By M.Ali
to push prices lower.
TradeBook
However, it isBy M.Alito consider
important TradeBook Byand
other factors M.Ali TradeBook
conrmatory By M.Ali
signals before
making trading decisions solely based on the dark cloud cover pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫م ر ا اپ‬By ‫ اور‬M.Ali ‫م ں‬TradeBook
‫۔ دو‬ ‫ہ‬ By M.Ali‫ ن‬TradeBook ‫ش ل‬ ‫ ا ا‬By
‫ے دل‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ By
‫ آ‬M.Ali
TradeBook ‫ ى ل‬By ‫ ۔دو‬M.Ali ‫ؤ‬TradeBook
‫طد‬ ، By ‫ ا ى ى‬TradeBook
‫ م‬M.Ali ‫ل‬ By
‫ناسو‬M.Ali
TradeBook By‫ ۔‬M.Ali TradeBook ‫از آد را‬ ‫م‬By ‫اور‬ M.Ali TradeBook
‫م او‬ ‫ ل‬By
‫ ش‬M.Ali‫ا‬
TradeBook ‫ ۔ ى‬By‫ ر‬M.Ali ‫ ول‬TradeBook
‫وا‬ ، M.Ali TradeBook
By ‫ا‬ ‫ ر ناپ‬By M.Ali
‫ڈارك ؤڈ‬
TradeBook By M.Ali ‫ ں ر‬TradeBook
‫اور‬ ‫ل‬ By
‫ى ل‬M.Ali ‫۔دو‬ TradeBook ‫ف ت‬By‫ ى‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ ا‬By M.Ali
TradeBook ‫ ں‬By ‫ وا‬M.Ali
‫اور‬، ‫ور ر‬TradeBook
‫ارى د ؤ‬ By
‫ ر‬M.Ali ‫ اس‬TradeBook
‫ن‬ ‫ے دل ا‬By ‫ ا‬M.Ali
TradeBook
‫ر ہ‬ By ‫ورى‬M.Ali‫ ر‬TradeBook
‫ا روں‬ ‫ د ا اور‬By M.Ali‫ ر‬TradeBook، ‫۔‬ ‫دا‬ By
‫ ر‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫ن د ۔‬ By M.Ali
‫دل ا‬
 How To Day Trade For Living 78
Three White Soldiers :
TradeBook Bysoldiers
The three white M.Aliis aTradeBook
bullish candlestickBy M.Ali
pattern TradeBook
observed By M.Ali
in technical analysis.
TradeBook
It consists ofBythreeM.Ali TradeBook
consecutive bullish (upward) By M.Ali TradeBook
candlesticks and is typically foundByatM.Ali
the end of a downtrend.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Each of the three candlesticks in the pattern opens within the range of the previous
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
candlestick and closes higher, creating a series of higher highs and higher lows. The
TradeBook
three white By M.Ali
soldiers patternTradeBook
indicates a strongBy M.Ali
reversal TradeBook
in sentiment, with buyersBy M.Ali
taking control and pushing the price higher.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The pattern By M.Ali
suggests TradeBook
that the selling pressure By M.Ali TradeBook
has diminished, and bullish momentumBy M.Ali
is building. It signies a shift in sentiment from bearish to bullish. The consecutive
TradeBook By M.Ali
bullish candlesticks TradeBook
demonstrate sustained buying By pressure
M.Ali and TradeBook By M.Ali
indicate a potential
TradeBook By M.Ali
uptrend or signicant upward movement.
TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Traders oftenBy M.Ali
interpret TradeBook
the three white soldiersBy M.Ali
pattern TradeBook
as a signal By M.Ali
to enter a long
(buy) position or to expect further upward movement in the price. However, it is
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
important to consider other factors and conrmatory signals before making trading
TradeBook Bybased
decisions solely M.Ali TradeBook
on the three white soldiers M.Ali TradeBook By M.Ali
Bypattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫اور م‬
By M.Ali
‫ف( لا‬
TradeBook
‫ر )او‬ ‫۔‬
By ‫م‬M.Ali ‫وا ا‬
TradeBook
‫ہ‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali‫ ۔‬TradeBook ‫ر ن آ‬
By ‫ر‬M.Ali
TradeBook‫ںا‬
By M.Ali، TradeBook
‫او او اوراو‬ ‫اوراو‬ ‫ا ر‬
By M.Ali ‫ل‬
TradeBook
‫ا‬ ‫ں‬ ‫د‬
By‫ن‬M.Ali
TradeBook
‫او د د ۔‬
By‫ اور‬M.Ali
‫ول ل‬
TradeBook
‫ اروں‬،
By M.Ali
‫طا‬
TradeBook ‫۔‬By M.Ali
‫ں ن ت‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔ ر‬ ‫ى ف ت‬ ‫۔ ى‬ ‫اور ى ر ر ھر‬، ‫د ؤ ا‬ ‫و‬ ‫ن‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫ف‬ ‫ںاو‬ ‫اور ا‬ ‫دؤ‬ ‫ى م ں ارى‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ر‬ ‫ا‬ ‫دا‬ ‫) ( ز‬ ‫ن ا‬ ‫ں‬ ‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ورى ۔‬ ‫ر‬ ‫ا روں‬ ‫ا اور‬ ‫د‬ ‫ر‬ ‫ز‬ ‫ں‬ ‫ ف‬، ‫۔‬
 How To Day Trade For Living 79
Three Black Crows:
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The three black crows is a bearish candlestick pattern observed in technical analysis. It
TradeBook By consecutive
consists of three M.Ali TradeBook bearish (downward) M.Ali TradeBook
Bycandlesticks By M.Ali
and is typically found
at the end of an uptrend.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
Each of the By
threeM.Ali
candlesticks TradeBook
in the pattern opensBy M.Ali
within the TradeBook By M.Ali
range of the previous
candlestick and closes lower, creating a series of lower lows and lower highs. The
TradeBook By M.Ali
three black crows TradeBook
pattern indicates By M.Ali
a strong reversal TradeBook
in sentiment, By M.Ali
with sellers taking
control and By
TradeBook pushingM.Ali the price lower.
TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The pattern By M.Ali
suggests TradeBook
that the buying pressureBy M.Ali TradeBook
has diminished, and bearish By M.Ali
momentum is building. It signies a shift in sentiment from bullish to bearish. The
TradeBook
consecutive By M.Ali
bearish TradeBook
candlesticks demonstrate By M.Ali
sustained TradeBook
selling By M.Ali
pressure and indicate
TradeBook By M.Ali
a potential downtrend TradeBook
or signicant downward M.Ali TradeBook By M.Ali
Bymovement.
TradeBook
Traders oftenBy M.Ali
interpret TradeBook
the three By M.Ali
black crows pattern TradeBook
as a signal to enter a shortBy
(sell)M.Ali
TradeBook Byexpect
position or to M.Ali furtherTradeBook
downward movement By M.Ali TradeBook
in the price. However, it is By M.Ali
important to consider other factors and conrmatory signals before making trading
TradeBook Bybased
decisions solely M.Ali on theTradeBook
three black crows By M.Ali TradeBook By M.Ali
pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ف( لا‬ )‫ش‬ ‫ن ۔ ر‬ ‫ش ل‬ ‫وا ا‬ ‫د‬ ‫ے‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫۔‬ ‫اور م ر او ر ن آ‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ںاور‬ ، ‫ف‬ ‫اور‬ ‫ا ر‬ ‫ل‬ ‫ا‬ ‫ں‬ ‫د‬ ‫ن‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ر‬ ‫اور‬ ‫ول‬ ‫ وا‬، ‫طا‬ ‫ت ا‬
TradeBook By M.Ali TradeBook By M.Ali ‫وں‬TradeBook
‫ہ‬ ‫۔‬ ‫ا‬ ‫او ں‬
By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali
‫ى ف ت‬ ‫۔ ى‬ ‫اور ى ر ر ھر‬، ‫ارى د ؤ ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By‫ ن‬M.Ali
TradeBook‫ ۔‬By M.Ali ‫ف‬TradeBook ‫ں‬ ‫اور‬
By M.Ali ‫دؤ‬ ‫و‬
TradeBook ‫۔ ر ى م ں‬
By M.Ali
‫ر‬ By M.Ali TradeBook‫ دا‬By‫ ز‬M.Ali ( ‫) و‬ ‫ن ا‬ ‫وں‬
TradeBook TradeBook By‫ ا‬M.Ali
‫ ورى ۔‬By‫ ر‬M.Ali ‫ا روں‬ ‫د ا اور‬
TradeBook TradeBook By‫ ر‬M.Ali ‫ہ وں ز‬
TradeBook ‫ ف‬، ‫۔‬
By M.Ali
 How To Day Trade For Living 80
Tweezers Pa ern :
TradeBook By M.Ali
The tweezer pattern TradeBook
is a candlestick pattern observedBy M.Ali
in technical TradeBook
analysis By M.Ali
that signies a potential
reversal in the price trend. It occurs when two consecutive candlesticks have equal or nearly equal
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
highs (in the case of a bearish tweezer) or equal or nearly equal lows (in the case of a bullish tweezer).
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
In a bearish tweezer pattern, the rst candlestick is bullish, indicating buying pressure. The second
TradeBook By M.Ali
candlestick is bearish and has theTradeBook
same or nearly the same Byhigh M.Ali TradeBook
as the rst By M.Ali
candlestick. This suggests
that the selling pressure has overwhelmed the buying pressure, potentially signaling a reversal from an
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
uptrend to a downtrend.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
In a bullish tweezer pattern, the rst candlestick is bearish, indicating selling pressure. The second
TradeBook By M.Ali
candlestick is bullish and has the TradeBook
same or nearly the same BylowM.Ali as the rstTradeBook By M.Ali
candlestick. This suggests
that the buying pressure has overcome the selling pressure, potentially signaling a reversal from a
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
downtrend to an uptrend.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The tweezer pattern suggests a period of market indecision and a potential shift in sentiment. Traders
TradeBook
often interpretBy M.Ali
the pattern TradeBook
as a signal By
to be cautious and M.Ali
to look TradeBook
for conrmation from other By M.Ali
technical
indicators or patterns before making trading decisions. It is essential to consider other factors and
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
conrmatory signals to increase the probability of a successful trade based on the tweezer pattern.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
‫ر‬ By
‫۔ اسو‬M.Ali TradeBook ‫ا‬ ‫ر ن‬ By M.Ali ‫د‬ TradeBook
‫ن‬ ‫ل‬ By‫ ر‬M.Ali
‫نا‬
TradeBook ‫ رت (۔‬By M.Ali ‫)ا‬ TradeBook
‫ً وى‬ ‫رت ( ا‬By‫ ر‬M.Ali ‫ ) ش‬TradeBook ‫ً وىاو‬ ‫ں ا‬ By‫ م‬M.Ali
‫دو‬
TradeBook ‫اوراس او‬By‫ ش‬M.Ali ‫ى لا‬TradeBook
‫۔دو‬ ‫ د ؤ‬By‫ ارى‬M.Ali ، ‫ى‬TradeBook
‫لا‬ ، ‫ر ن‬By‫ ش‬M.Ali
TradeBook ‫ ر ن‬By ‫ ر او‬M.Ali ، ‫ د‬TradeBook
‫ارى د ؤ ب‬ ‫ ؤ‬By
‫د‬ M.Ali
‫و‬ TradeBook
‫۔اس‬ ‫ًا‬ By‫ لا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫۔‬TradeBook ‫ا رہدےر‬ ‫فا‬By‫ ن‬M.Ali
‫ر‬
TradeBook
ً ‫ل‬By ‫اور‬ M.Ali ‫ ىوا‬TradeBook
‫۔دو ى ل‬ By
‫ د ؤ‬M.Ali ‫و‬ ، TradeBook
‫ش‬ ‫لا‬ ، ‫ ن‬By ‫ ر‬M.Ali
TradeBook ‫ فا‬By ‫ ر ن‬M.Ali ‫ ر ن او‬TradeBook ‫ر‬ ، ‫ؤ‬By‫ د‬M.Ali ‫ د ؤ و‬TradeBook
‫ارى‬ ‫ ۔اس‬By M.Ali‫ا‬

TradeBook By M.Ali TradeBook By M.Ali TradeBook‫۔‬By‫رہد‬M.Ali ‫ا‬

TradeBook
‫دو ے‬ By M.Ali ‫ن طر اور ر‬
TradeBook ‫۔ ا‬
By M.Ali ‫ ت‬TradeBook
‫تاور‬ ‫م‬ ‫نر‬By‫ ر‬M.Ali
‫د ا‬ ‫۔ ر ن د ب رت ا ن‬ ‫ر‬ ‫ا رہ‬ ‫ا رے ن‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
‫ورى ۔‬ ‫ر‬ ‫ا روں‬ ‫اور‬
 How To Day Trade For Living 81
Confluence :
TradeBook By M.Ali
In trading, conuence refers toTradeBook
the coming togetherBy M.Ali TradeBook
or convergence of multiple factors or By M.Ali
signals that support
TradeBook By a particular trading decision. It is the simultaneous presence of different
M.Ali TradeBook By M.Ali TradeBook By M.Ali
technical indicators, patterns, or fundamental factors that align and reinforce each other,
TradeBook
increasing theBy M.Aliin a trading
condence TradeBook By M.Ali TradeBook By M.Ali
setup or strategy.
TradeBook
Conuence isBy M.Ali
sought TradeBook
after by traders as it enhancesBy M.Ali ofTradeBook
the probability a successful trade. By It M.Ali
TradeBook By M.Ali
indicates a stronger and more TradeBook
compelling reason toBy enterM.Ali TradeBook
or exit a trade, ByareM.Ali
as multiple factors
providing supportive evidence. For example, if a technical indicator such as a moving average
TradeBook Bysupport
aligns with a key M.Ali level TradeBook Bypattern,
and a bullish candlestick M.Ali TradeBook
it creates By M.Ali
conuence, suggesting
a higher probability of an upward price movement.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
By considering By M.Alitraders
conuence, TradeBook By
aim to reduce the M.Ali
impact TradeBook
of individual By M.Ali
signals or indicators
that may be misleading on their own. It helps in identifying higher-quality trading opportunities
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
and improving overall trade accuracy.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
However, it is important to note that conuence does not guarantee a successful trade. Traders
TradeBook By M.Ali
should still exercise proper riskTradeBook
management, considerBymarket
M.Ali TradeBook
conditions, and conduct By M.Ali
thorough analysis before making trading decisions based on conuence.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ ۔‬By M.Ali‫ ر‬TradeBook ‫ص‬ ‫ے‬By‫ دو‬M.Ali ‫ا‬ ‫ ا‬TradeBook
‫اد د ا‬ ،By M.Ali
TradeBook ‫ اپ‬By ‫ ر‬M.Ali ، TradeBook
‫اور ط‬ ‫ ے ھ‬By ‫ دو‬M.Ali
‫ا‬ ‫ د‬TradeBook
‫و‬ ‫ دى ا‬،‫ ن‬By ،‫رے‬M.Ali
‫ا‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ ا‬By ‫ ا د‬M.Ali
TradeBook
‫طاور‬ ‫ا‬ By M.Ali ‫ رت دا‬TradeBook
‫۔‬ ‫رت ا ت‬ By‫ب‬M.Ali TradeBook ‫ش‬ ‫ ف‬By ‫ وں‬M.Ali
TradeBook
‫ى‬ ‫كاو‬ By‫رے‬M.Ali‫ا‬ ‫ا‬TradeBook
، ‫ر‬ ‫۔ ل‬ ‫ ر‬By ‫ ت ا‬M.Ali‫ون‬ ‫د ا‬TradeBook، By‫دہ رو‬M.Ali
‫ز‬
TradeBook
‫۔‬
By M.Ali‫ ا‬TradeBook
‫ز دہا ن‬ ، ‫ا‬ ، By ‫ آ‬M.Ali
‫ھ‬ ‫ن‬TradeBook ‫م‬ ‫لاور ى‬By ‫رٹ‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook ‫ر ا‬
By ‫ر‬M.Ali ٰ ‫۔ ا‬
TradeBook
‫د اہ‬
By M.Ali ‫ادى‬
‫ا رے ا ات‬
TradeBook
‫ا‬ ‫ وں‬،
By ‫ر‬
M.Ali
TradeBook By M.Ali TradeBook By‫ ۔‬M.Ali ‫د‬
TradeBook ‫در‬
By M.Ali
‫اور رت‬
TradeBook ‫ر‬،
By‫ ل‬M.Ali
‫ا‬
TradeBook
‫ر‬ ‫د ۔ وں اب‬
By M.Ali ‫ب رت‬
TradeBook ‫ورى‬
By M.Ali
‫ ٹ‬،
TradeBook By M.Ali TradeBook ‫۔‬
By M.Ali ‫ر‬TradeBook ‫د‬ ‫اور‬،
By M.Ali
‫ت ر‬
 How To Day Trade For Living 82
Hammer,Dojis,Bullish Chackmate at 200 Exponential Moving Average
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
The "hammer doji" and "bullish checkmate" are not standard candlestick patterns commonly
TradeBook
referred to inBy M.Ali
technical TradeBook
analysis. Byterms
It's possible that these M.Ali TradeBook
are specic to your tradingBy M.Ali
strategy or terminology. However, I can provide some information on the individual
TradeBook
components By M.Ali TradeBook By M.Ali TradeBook By M.Ali
mentioned.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Hammer: The hammer is a bullish candlestick pattern that has a small body located near the top
TradeBook By
of the candle's rangeM.Ali
and a longTradeBook By M.Ali
lower shadow. It signies a potentialTradeBook
reversal from a downtrend By M.Ali
to an uptrend. The long lower shadow indicates that sellers pushed the price lower during the
TradeBook By M.Ali
session, but buyers managed to TradeBook By the
regain control and push M.Ali TradeBook
price back up. By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Doji: A doji is a candlestick pattern with a small body and roughly equal open and close prices. It
TradeBook
represents a By M.Ali
state of TradeBook
market indecision, ByandM.Ali
where buyers TradeBook
sellers are By M.Ali
in equilibrium. It suggests
TradeBook
either side.
By
a potential reversal M.Ali
or a pauseTradeBook
in the current trend,By as it indicates
M.Ali a TradeBook
lack of conviction from By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Bullish Checkmate: "Bullish checkmate" is not a widely recognized or standard term in trading. It
TradeBook By M.Ali trading strategy or system
may be specic to a particular TradeBook By M.Alithat you are TradeBook
referring to. Without By M.Ali
TradeBook By M.Ali
further information or context,TradeBook By M.Ali
it's challenging to provide TradeBook
specic details about its meaning Byor M.Ali
implications.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Regarding the 200 exponential moving average (EMA), it is a popular technical indicator used by
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
traders to identify the long-term trend of an asset. The 200 EMA is calculated by averaging the
TradeBook By200M.Ali
price data over periods and TradeBook BytoM.Ali
assigning more weight recent dataTradeBook
points. It is commonly By M.Ali
used as a reference point to determine the overall direction of the market or to identify
TradeBook By orM.Ali
potential support resistanceTradeBook
levels. By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Combining candlestick patterns like the hammer or doji with the 200 EMA can provide traders
TradeBook By
with additional M.Ali
insights TradeBook
into potential trend reversalsBy M.Ali TradeBook
or continuation signals. However, itBy is M.Ali
essential to consider other factors, such as volume, price action, and additional technical
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
indicators, to validate and conrm trading decisions.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
200 ‫و ا ر‬
TradeBook By M.Ali TradeBook By M.Ali TradeBook‫)ا‬EMA) By M.Ali
TradeBook By M.Ali TradeBook By M.Ali‫رے‬TradeBook ‫ل ا‬ ‫ ا‬،
By‫ ا‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫ر ن‬ ‫ ا‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook 200‫۔‬ ‫ ا ل‬By M.Ali
TradeBook By M.Ali TradeBook By M.Ali EMA TradeBook
‫ڈ‬ ‫ادوار‬200By‫ ب‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali‫وزن‬TradeBook ‫ز دہ‬ ‫ اور ڈ ا‬By ‫او‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫ر‬TradeBook ‫۔ م ر‬ By M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫ ا‬TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali ‫ ا‬TradeBook ‫ا‬ By
‫ ں‬M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook ‫۔‬ ‫ر ا ل‬
By M.Ali
 How To Day Trade For Living 83

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

TradeBook By IMPORTANT
M.Ali TradeBook SUGGESTION
By M.Ali TradeBook By M.Ali
Throughout
TradeBook By thisM.Ali
Book, weTradeBook
have delved into theByfascinating
M.Ali world TradeBookof chart patterns
By M.Ali
and their implications in the realm of trading. These patterns offer valuable insights
TradeBook
and serve By M.Alitools
as powerful TradeBook
for traders, aidingBy M.Ali
in the TradeBook
identication of potentialBy
entryM.Ali
TradeBook By inM.Ali
and exit points TradeBook
the market. In this chapter,By M.Ali
we will furtherTradeBook
expand upon theBy key M.Ali
suggestions and conclusions to consider when utilizing chart patterns to enhance
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
trading strategies.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
One of the primary benets of chart patterns is their ability to provide valuable
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
insights into potential price movements and trading opportunities. By analyzing these
TradeBook By M.Ali
patterns, traders can gain TradeBook of marketTradeBook
By M.Ali
a deeper understanding dynamics and make By M.Ali
more informed
TradeBook decisions. TradeBook
By M.Ali Whether it's a breakout,
By M.Alia reversal, or a continuation
TradeBook By M.Ali
pattern, chart patterns offer a visual representation of market sentiment and can
TradeBook Bytowards
guide traders M.Aliprotable
TradeBook By M.Ali TradeBook By M.Ali
opportunities.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Let's rst explore some bullish patterns commonly observed in the market. The head
TradeBook Bybullish
and shoulders M.Ali TradeBook
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for instance, signies TradeBook
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TradeBook
downtrendBy to anM.Ali
uptrend.TradeBook By M.Ali
This pattern is characterized by aTradeBook By M.Ali
peak (the head) anked
by two smaller peaks (the shoulders) and is usually followed by an upward breakout.
TradeBook By M.Ali TradeBook
Traders who identify this pattern By M.Ali
early can position themselvesTradeBook
to benet fromBy the M.Ali
TradeBook
subsequentBy M.Ali
bullish move. TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Another bullish pattern is the cup and handle. This pattern resembles a cup with a
TradeBook
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of the upward trend.
Traders often
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pattern and a signal to enter a long position.
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook
The rising By
wedge M.Ali TradeBook
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M.Alitrendlines
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TradeBook
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the upper and lower M.Ali TradeBook
Byboundaries of the wedge for By M.Ali
TradeBook By M.Ali
potential entry TradeBook By M.Ali TradeBook By M.Ali
or exit points.
TradeBook By M.Ali TradeBook
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that signies a potential By
trendM.Ali
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By M.Ali
TradeBook By M.Ali
above the peak as conrmation of the reversal and an opportunity to enter a long
TradeBook
position. By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Other bullish patterns, such as the ascending triangle, the ag pattern, and the inverse
TradeBook By M.Ali
head and shoulders, TradeBook
also provide By M.Ali
valuable insights TradeBook
into potential upward price By M.Ali
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movements By M.Ali inTradeBook
or reversals the market. EachBy pattern has itsTradeBook
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characteristics and offers traders different trading opportunities.
 How To Day Trade For Living 84

TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

TradeBook By IMPORTANT
M.Ali TradeBook SUGGESTION
By M.Ali TradeBook By M.Ali
TradeBook BytoM.Ali
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TradeBook By M.Ali
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TradeBook
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context. Traders should
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trendlines, moving averages, and oscillators, to increase the accuracy of their trading
TradeBook By
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can strengthen M.Ali TradeBook
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali
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TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By and
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are common occurrences TradeBook
in the By M.Ali
market, and traders
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TradeBook By M.Ali TradeBook
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foolproof. To increase
TradeBook By M.Ali
the reliability of pattern signals,
TradeBook ByuseM.Ali
traders should TradeBook
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TradeBook By M.Ali
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TradeBook
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improving trading skills. TradeBook
The nancial markets are By M.Ali
constantly evolving, and traders need to stay updated with the latest market
TradeBook
developments By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali

GOOD LUCK
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
TradeBook By M.Ali TradeBook By M.Ali TradeBook By M.Ali
Unlock Your Financial Potential and Embrace Freedom! This comprehensive guide
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