Explanation of Dragonfly Doji Candlestick Pattern

Explanation of Dragonfly Doji Candlestick Pattern

Assalam o Alikum Dosto Umeed krta hu ap sb loog khariyat sy hungy oor apni trading life ko enjoy kr rhy hungy Dragonfly Doji Candlestick Pattern ek bullish reversal pattern hai, jo ki bullish trend ke end me appear hota hai. Is pattern me, price opening price ke barabar ya usse bohat kam level se open hota hai, aur phir market ne downwards trend follow kiya jiski wajah se candlestick ki body ne bottom level ko touch kiya. Lekin, by the end of the trading session, market ne price ko upar le jana shuru kiya, jiski wajah se candlestick ka shadow bottom level tak pahuncha aur uske upper wali taraf chhoot gaya. Candlestick ke is pattern ko dragonfly doji kaha jata hai kyunki iski shape dragonfly jaisi hoti hai. Shape of Dragonfly Doji Candlestick Pattern. Dragonfly Doji Candlestick Pattern ki shape dragonfly jaisi hoti hai, jisme candlestick ki body bohat choti hoti hai, aur upper shadow bohat lamba hota hai. Is pattern ki shape se market ke price action ko samajhna aasan ho jata hai Dragonfly Doji Candlestick Pattern's Properties. Dragonfly Doji Candlestick Pattern ki properties niche di gayi hain: Dragonfly Doji Candlestick Pattern ek single candlestick pattern hai. Is pattern me, opening price ke barabar ya usse bohat kam level par price open hota hai. Is pattern me, candlestick ki body bohat choti hoti hai jiski wajah se iska color matter nahi karta. Is pattern me, upper shadow bohat lamba hota hai, jo ki bottom level ko touch karta hai. Is pattern me, lower shadow nahi hota hai. Dragonfly Doji Candlestick Pattern's interpretation. Dragonfly Doji Candlestick Pattern ki interpretation bullish reversal ke liye hoti hai. Jab market me dragonfly doji pattern appear hota hai to iska matlab hota hai ki bearish trend ab khatam ho chuka hai aur bullish trend shuru hone wala hai. Iska interpretation isliye bullish hota hai kyunki is pattern me price opening level se neeche gaya aur phir price ne upper trend follow kiya, jiski wajah se candlestick ka upper shadow bottom level tak pahunch gaya. Yeh bullish interpretation isliye hota hai kyunki iska matlab hai ki buyers market me dominate kar rahe hain aur ab market me price ko upar le jana shuru kareng Dragonfly Doji Candlestick Pattern's use. Dragonfly Doji Candlestick Pattern ka use karke traders apni trades ko improve kar sakte hain. Jab market me dragonfly doji pattern appear hota hai to traders ko ye signal milta hai ki bullish trend shuru hone wala hai aur iske liye wo apni trades ko adjust kar sakte hain. Is pattern ki madad se traders apni stop-loss orders ko set kar sakte hain, jiski wajah se wo apni losses ko minimize kar sakte hain. Iske alawa, traders is pattern ki madad se entry aur exit points bhi identify kar sakte hain.