how to perform befitting trading using piercing line candlestick pattern

How to perform befitting trading using piercing line candlestick pattern

PIERCING LINE CANDLESTICK PATTERN

INTRODUCTION Piercing Line" candlestick pattern ka matlab hota hai "chhedak bhav" ka mombati se aksar ye stock market ke traders aur investors istemaal karte hain. Yeh pattern do candlesticks se bana hota hai, ek bearish candlestick aur dusra bullish candlestick. Bearish candlestick ka matlab hota hai ke market mein sellers zyada hai aur price down ja rahi hai. Lekin dusre din jab market open hoti hai, bullish candlestick ki wajah se buyers market mein dominate karne lagte hain aur price upar jaane lagti hai. Is tarah ke candlestick pattern ko "piercing line" kaha jata hai, kyonki bullish candlestick bearish candlestick ko "chhedta" hai. DESCRIPTION "Piercing line" candlestick pattern ek bullish reversal pattern hai, jo ke downtrend ke baad paida hota hai. Ye do candlesticks se banta hai, jisme pehle candlestick bearish hota hai aur dusra candlestick uske neeche open hota hai, lekin uske andar close kar ke bullish candlestick ban jata hai. TRADING STRATEGY Is pattern ko samajhne ke liye, pehle aapko ek bearish trend ka wait karna hoga. Jab trend khatam hone lagta hai aur price support level tak pohanchta hai, tab aap ko ek bearish candle dekhne ko milay ga, jo ke downtrend ko confirm karta hai. Agar next candlestick uske neeche open hota hai aur phir uske andar close kar ke bullish candle ban jata hai, to yeh piercing line pattern ki formation hogi. Is pattern ko trade karne ke liye, aapko next candle ka wait karna hoga. Agar next candle bullish hai aur piercing line pattern ki high ko break kar ke upar move karta hai, to aap ko long entry leni chahiye. Agar aap price ko stop loss ke neeche rakhna chahte hain, to aap ko stop loss ki jagah piercing line pattern ke low ko use karna chahiye. Is strategy ka maqsad hai ke downtrend ke baad aap ko ek bullish reversal ka indication mil jaye aur aap is se faida utha saken. Lekin hamesha market ki overall trend ko bhi consider karna zaruri hai, ta ke aap apni trades ko sahi tarah se manage kar saken. SUMMARY Is pattern ko samajhne ke liye, aapko pehle bearish candlestick ka wait karna hoga, jabke yeh candlestick neeche ja rahi ho aur sellers zyada hai. Dusre din, bullish candlestick ke liye wait karein jabke yeh bearish candlestick ke neeche se open ho aur market price upar jaane lage. Agar yeh bullish candlestick pehle ke bearish candlestick ke kam se kam 50% ke upar close karta hai, to yeh piercing line pattern confirm ho jata hai.Piercing line pattern, jab sahi tarah se samajh liya jaye, traders aur investors ke liye ek accha tool ho sakta hai market ki movement ka predict karne ke liye.

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Piercing Line Pattern

Piercing line pattern prices main gap banne ki waja se prices k bottom par banta hai, jiss par prices k ziada trend reversal hone k chances hote hen. Ye pattern do mukhalif colour k candles par mushtamil hota hai, jiss ki pehli candle aik long real body wali bearish candle bantti hai, jo k prices k bearish trend ki alamat hoti hai. Ye candle prices ko bearish push karti hai. Pattern ki dosri candle aik bullish candle hoti hai, jo k pehli candle k bottom par gap main open ho kar pehli candle k centre se thora se above bannd ho jati hai. Ye candle pehli candle k open prices se pehli hi close hoti hai, lekin prices k upward jane ka aik strong bullish signal deta hia.

Candles Formation

Piercing line pattern k leyw zarori hai, k prices ka bottom ya bearish trend ho. Pattern k bottom prices se reversal k chances ziada hote hen. Piercing line pattern do mukhalif candles ka hota hai, jiss main candles ki formation darjazzel tarah se hoti hai; 1. First Candle: Piercing line pattern ki pehli candle aik long real body main bearish candle banti hai. Ye candle prices k bottom par ya low prices area main sellers ki dilchaspi dekhati hai, jo prices ko lower side par push karti hai. Ye candle black ya red color main hoti hai, jo k beal body k sath hoti hai. 2. Second Candle: Piercing line pattern ki dosri candle bullish trend wali candle hoti hai, jo k prices k direction ko badal deti hai. Ye candle aik long real body main banti hai, jiss ka open pehli candle k bottom par gap main hota hai, jab k close ussi candle k real body k centre se upper hota hai.

Explanation Piercing line pattern Ka shumar trend reversal pattern main hota hai, jiss main prices k bottom ya support level ya bearish trend main bullish trend reversal pattern ka kaam karti hai. Ye pattern do candles par mushtamil hota hai, jiss main pehli candle aik real body wali bearish candle hoti hai, jiss se zahir hota hai, k sellers prices ko downward push karti hai. Pattern ki dosri candle aik bullish candle hoti hai, jiss ka open pehli candle se below gap main hota hai, lekin prices mazeed bearish jane ki bajaye iss ko candle ko bullish close karti hai. Ye candle pehli candle k midpoint par close hoti hai. Ye pattern dekhne main same Belt-Hold Pattern se mushabehat rakhta hai. Trading

Trend reversal pattern trend continuation pattern ki nisbat ziada riski hote hen, jiss main aksar 38% se ziada kamyab nahi rehte hen. Piercing line pattern bhi trend reversal pattern honne ki waja se aik riski pattern hai, iss waja se pattern par trade open karne se pehle prices k leye aik confirmation candle ka hona zarori hai, jo k dosri white candle k baad bullish candle banti hai. Ye candle real body main hoti hai, jo k aksar pehli candle k upper par close hoti hai. Trend confirmation CCI oscillator, RSI aur ya Stochastics oscillator se bhi ki ja sakti hai. Stop Loss pattern k bottom par ya dosri candle k open prices se two pips below set karen.