What is Rickshaw Man Candlestick Pattern ?

What is Rickshaw Man Candlestick Pattern ?

Assalamualaikum Dosto umeed krti hn k AP sb thk hn gy. Aur Pakistan Forex From par apna Kam kr rahy hn gy . Aj ki post mein main ap ko Rickshaw Man Candlestick Pattern key bary mein knowledge share krun gi . Ju key ap key leay bht zada help ful sabit ho ga . Rickshaw Man Candlestick Pattern: Dear members forex friend rickshaw man candle aek single day doji candle hay. Jis mein prices day key start main pehly aek side par harkate karne key bad apna trend change karke dosrye simat par herkat karna start karate hein. Lekin din key end par yeah prices aek point par band ho jati hay. Price chart par buyers kahridar or sellers market main same quat mein hoty hein. Jis see prices aek timeframe key durn top or bottom jane ka baad wapis apne start vali halat par a jati hay. Yeah aek baghair real body yah chuti real body vali candle hoti hay. jo k trend according apni hodohal ko change karti hay. Yeah candle prices k opr ya nechy per mazbot trend reversal ka sabab bnti hay. Aur hm es ko asani sy study kr skty hain. Formation: Dear members Market mein rickshaw man candle prices key uper or nechy 2ono mein ban sakti hay Sideways markets mein yeah candle aek neutral candle hoti hay. jo key prices key zada tar mojoda trend mein continuation ka bais banti hay Price chart per hoti hay. Briefly disscuss kya gia hai basically Rickshaw man candle chart pattern per aksar market main candle real body aek kali line c nazar ati hay. jis ka top aur bottom aek long shadow hota hay. Yeah candle bagher real body ki hoti hay. Jiss mein prices ka open aor close aek point par hota hay. Yeah candle bullish or bearish 2no tarah see market ki halat k according apna situation changes karti hai. Treading Strategy: Dear members Forex Rickshaw man candle sideways market mein yah newly breakout trend mein trend continu ka work karti hay. Aur jab key price key uper ya nechy mein yeah candle aksar trend reversal ka work karti hay .Yeah candle prices key bottom mein bullish trend reversal or prices key top par bearish trend reversal pattern ka work karti hai. Candle key bahd trend ki confirmation ka candle ka hona zarori hay . Jo key real body mein hona chaey Yeah single candle pattern hone ki vaja see trend ki confirmation CCI indicator yah stochastic oscillator see bhi ki ja sakti hay S L candle key sab see top ya bottom see trend reversal key according 2wo pips km ya zada set kea ja sakta hay .Tb hm perfect treader bn skty hain.

Assalamu Alaikum Dosto!

Rickshaw Man Candle

Rickshaw man candle doji candle family se taluq rakhne wali candle hai, jiss ko aam tawar par "Long-legged" candle bhi kaha jatta hai. Rickshaw man candle prices ka ka matlobba timeframes main open aur close aik hi hotta hai, ya bulkul close hotta hai, lekin candle k upper aur lower side par long shadow ya wick hotti hai. Ye candle wese to dekhne main mukamal tawar par aik neutral candle hai, q k cansle k upper aur lower side dono taraf shadow ya wick ki lambaye same hotti hai. Jis se candle zahir hotta hai, k muntakhib karrda timeframe k dawraan candle par bullish aur bearish pressure barrabar tha.

Candle Formation

Rickshaw man candle ki shape baqqi doji candles se thora sa mukhtalif gai, jab k doji star candle se melta julta hai. Ye candle price chart main mukhtalif color ho sakta hai, lekin kaam iss candle ka same hota hai, jo k normal ya trend market main neutral aur high ya low price area main dosre candles k sath trend reversal ka. Candle ki formation darjazel tarah se hoti hai ; Rickshaw Man Candle: Rickshaw man candle prices upper aur lower sides par aik lambba wick bannane k baad wapis apne open position par close ho jatti hai. Candle k banne k pechay ki psychology ye hai k pehle qeemat aik side par ziadda harkat kartti hai, lekin baad main dosree tarraf se dabao ziadda hone ki waja se qeemat wapis apnni open position par a jatti hai.

Explaination

Rickshaw man candle aik neutral candle honne ki waja se top trend aur bottom trend par behaviour tabdeel karti hai. Ye candle doji star candle se melti julti hai, aur aam tawar par is ko "Long-legged" doji candle kaha jatta hai. Candle ki high aur low same shadow bananti hai, jab k open aur close same price ki hotti hai. Market k sideways trend ya continue trend main ye candle trend continuation ka kaam kartti hai. Rickshaw man candle ko na to bullish candle tasawar kia jatta hai aur na hi beariah, q k ye candle bagher real body ki hotti hai. Candle aggar prices k top par ya bullish k top trend par ban jaye to bearish trend reversal ka kaam kartti hai. Jab k low prices ya bearish trend k end main banne ki wajja se bullish trend reversal ka kaam kartti hai.

Trading

Rickshaw man candle aggar normal prices ya low trend wale position par bantti hai, to ye neutral candle hi tasawar hotti hai. Jab k top trend aur lower trend main candle ka rawaya badal jatta hai, jo trend reversal ka kaam kartti hai. Single candle par trading se behtar result hasil karnne k leye candle ka timeframe hamesha ziadda select kia karen. Pattern par trading karnne se pehel pattern ki position aur trend confirmation lazzmi kia karen, q k ye candle bohut riski candle sabbit ho saktti hai. Candld prices k top trend k baad banne par aggli bearish candle par market main sell ki entry karen. Jab k low trend wale area main banne par candle k baad confirmation white candle par buy ki entry karen.Stop Loss Bearish Trend reversal main candle k wick k top par jab k bullish trend reversal main candle ki wick k lower position par set karen.