trade winning strategy with long upper shadow candlestick pattern

Trade winning strategy with long upper shadow candlestick pattern

LONG UPPER SHADOW CANDLESTICK PATTERN

INTRODUCTION "Long upper shadow" candlestick pattern ka matlab hota hai ke agar kisi stock ya market mein ek din ki trading session mein, candlestick ki body ka size chota hai aur uski wick ya upper shadow kaafi lambi hai, to yeh long upper shadow pattern ban jaata hai. IDENTIFICATION Is pattern ko identify karne se traders ko market ki direction aur trend ka pata chal jaata hai. Agar ek stock ke upar long upper shadow pattern bana hai to iska matlab hai ki stock ki price initially high tha, lekin during the day price ne decrease kiya aur phir closing price bhi kam hua. Yeh negative signal hai aur traders isko apne trading strategy mein use karte hain.k IS pattern ko use karne ka, ye hai ke agar koi stock ka price long upper shadow pattern banata hai to traders us stock ko sell kar sakte hain. Yeh unke liye ek indication hoti hai ke market bearish hai aur price neeche jaane ki tendency hai. BENEFIT OF USING THIS CANDLESTICK PATTERN Long upper shadow candlestick pattern ka use karne se traders ko kuch benefits hote hain, jaise ke unhe market ki direction aur trend ka pata chalta hai. Is pattern ko dekhne se traders apni positions ko manage kar sakte hain aur market ke opposite direction mein naa chale jayein. Isse traders ki performance aur profits improve ho sakti hain." TRADING STRATEGY Long Upper Shadow Candlestick Pattern ka istemaal karne ke liye aik trading strategy hai jis se aap market ke movements ko samajh sakte hain. Jab aap chart dekhte hain, to kabhi kabhi candles ki shape aesi hoti hai jismein upper shadow, body aur lower shadow hotay hain. Upper shadow woh hissa hota hai jiske upar price ka maximum level hota hai aur body woh hissa hota hai jiske beech price ka range hota hai. Long Upper Shadow Candlestick Pattern mein upper shadow kaafi lamba hota hai aur body chota hota hai, iska matlab hai ke price high se start kiya tha, lekin phir price ne kisi khaas reason ki wajah se decrease kiya aur candle close lower level par hua. IMPORTANT NOTE Yeh pattern usually bullish trend ke baad aati hai aur indicate karta hai ke trend reversal ho sakta hai. Iska matlab hai ke agar aap iss pattern ko observe karte hain to aapko yeh pata chal sakta hai ke ab market ka trend downward jaane wala hai aur aap short positions le sakte hain. Lekin yeh strategy sirf ek indicator hai aur iska use karne se pehle aapko apni research aur analysis karni chahiye