How to perform profitable trading using inverted hammar candlestick pattern

How to perform profitable trading using inverted hammar candlestick pattern

Inverted hammer candlestick

Introduction Inverted Hammer ya aik candlestick chart pattern hai jo ki bullish reversal ke signal ke taur par istemal kiya jata hai. Is pattern ko pehchane ke liye, ek chota sa body aur uske baad ek lambi upper shadow hoti hai. Inverted Hammer ka body hamesha niche ki taraf hota hai, jabki upper shadow kam se kam body ke barabar hoti hai. Explanation Agar aap is pattern ko dekh rahe hain, to aapko market mein ek reversal ki sambhavna hai, jiski wajah se aapko apni short position ko cover karne aur long position lena chahiye. aik acchi trading strategy inverted hammer pattern ko dekhne ki hoti hai ki, jab bhi aapko is pattern ki pehchan ho, aap apni short position ko exit kar den aur long position len. Aap stop loss ko inverted hammer ke low se 1-2% upar rakhe aur profit booking ke liye target ke roop mein pichhle swing high ki tarah ek resistance level ka use kar sakte hain. Trading Starategy Inverted Hammer pattern trading karnay kay liye aap neechay diye gaye steps follow kar saktay hain: Step 1 Apni trading platform par inverted hammer pattern ko dhundhen. Yeh ek bullish reversal pattern hai, jo market ke trend change hone ki indication deta hai. Is pattern mein ek small body hota hai, jis ke upar ek long shadow hota hai. Step 2 Agar aap ko inverted hammer pattern mil jaata hai, to aap ko trade enter karne se pehle confirm karna hoga ke yeh pattern sahi hai ya nahi. Iske liye aap ko doosre technical indicators ka bhi use karna hoga jaise ke trend lines, moving averages, ya price action techniques. Step 3 Agar aap ko inverted hammer pattern ki confirmation mil jaati hai, to aap long position enter kar saktay hain. Iske liye aap ko apni trading platform par buy order place karna hoga. Stop loss order bhi lagana zaroori hai, taki aap ki loss control mein rahe. Step 4 Aap ko target levels ko bhi define karna hoga, taki aap ko pata chale ke aap kab tak trade ko close karna chahte hain. Target levels ko set karne ke liye aap support and resistance levels ka use kar saktay hain. Step 5 Jab aap ka trade profit mein chala jaye, to aap ko apni position ko gradually exit karna hoga. Iske liye aap apne target levels ko follow kar saktay hain. Stop loss order bhi regularly update karte rahen, taki aap apni profits ko secure rakh saken. Conclusion Yeh tha trading using inverted hammer pattern ki basic strategy. Lekin trading mein risk bhi hota hai, isliye aap ko apni trading strategy ko apne risk tolerance level ke mutabiq customize karna chahiye. aik baar jab aap is strategy ko follow karte hain, to aapko apni trading ko improve karne mein madad milegi aur aap market mein profitable honge.