Profitable trading strategy using Bearish on-neck line pattern

Profitable trading strategy using Bearish on-neck line pattern

BEARISH ON NECK LINE CANDLESTICK PATTERN

BASIC CONCEPT Bearish on-neck line pattern aik candlestick pattern hai jisay technical analysis mein use kia jata hai. Ye pattern bearish trend ka indicator hota hai aur price ke future movement ko predict karne mein helpful hota hai. IDENTIFICATION Is pattern ko identify karne ke liye, pehlay bullish trend hota hai jo kisi bearish candle se followed hota hai. Next day ki opening price, pehlay ke day ki closing price ke neechay rehti hai aur phir wohi level resistive ban jata hai. Agar price iss level se neechay break karta hai toh ye bearish on-neck pattern ban jata hai. TIPS FOR TRADERS Is pattern ke istemal se hum future movement ka idea hasil kar sakte hain. Agar is pattern ke baad price level ko break karta hai aur neechay chalta hai toh humein ye samajhna chahiye ke market aur downward movement karega. Is ka matlab ye hai ke hum apni investment ko reduce ya exit kar sakte hain. Is pattern ke saath kuch aur candlestick patterns bhi dekhe ja sakte hain jaise ki RSI, MACD, aur Bollinger Bands. In sab ke saath combine karne se humein aur behtar signal mil sakte hain. TRADING STRATEGY Bearish On-Neck Candlestick pattern aik bearish reversal candlestick pattern hai jisme do candlesticks shamil hote hain. Yeh pattern normally uptrend ke baad paya jata hai aur bearish reversal signal deta hai. Is pattern ki recognition ko confirm karne ke liye, hum step-by-step tracing strategy follow kar sakte hain: Step 1: Trend Check On-Neck pattern ko recognize karne ke liye sabse pehle humein trend ko check karna hoga. Yeh pattern normally uptrend ke baad paya jata hai, isliye humein market ki upar ki taraf move hone wali trend ki tafteesh karni hogi. Agar market uptrend mein hai, tab hum On-Neck pattern ki tracing ko proceed kar sakte hain. Step 2: First Candlestick Check On-Neck pattern mein first candlestick bullish (upward) hai, jo uptrend ki continuation ko indicate karta hai. Is candlestick ka range humein check karna hoga, jiska matlab hai ki iski high aur low price range ko dekha jaye. High price range ke beech mein jab hum horizontal line draw karenge, usko 'Neckline' kaha jata hai. Agar is line ko cross nahi kiya jata hai, tab yeh On-Neck pattern ka confirmation hai. Step 3: Second Candlestick Check On-Neck pattern mein second candlestick bearish (downward) hai, jo first candlestick ke high price level se neeche close hota hai. Agar yeh candlestick neckline ke neeche close karta hai, tab yeh pattern ki confirmation hai. Step 4: Volume Check On-Neck pattern ki recognition ke liye volume check bhi important hai. Is pattern ke sath normally volume decrease hota hai, lekin iski importance zyada nahi hoti hai. Isliye agar volume normal hai, tab bhi yeh pattern confirm ho sakta hai. Step 5: Entry, Stop Loss aur Target On-Neck pattern ke confirmation ke baad, humein trade entry point, stop loss aur target level tay karna hoga. Entry point neckline ke neeche hota hai, stop loss neckline ke upar aur target level normally previous lows ke qareeb hota hai. SUMMARY Iss tarah se, bearish on-neck pattern ek bearish trend ka indicator hota hai jo humein price movement ke baare mein idea deta hai aur humein trading decisions lene mein help karta hai. Umeed hai ke yeh step-by-step tracing strategy Bearish On-Neck candlestick pattern ko trace karne mein madadgaar sabit hogi.

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Bearish On-Neck Line Candlestick Pattern

Bearish on-neck line candlestick pattern aik bearish trend continuation pattern hai, jo price chart par do candles se mel kar banta hai. Pattern main shamil pehli candles bearish hoti hai, issi waja se pattern k leye prices ka pehle se low area ya bearish trend main hona zarori hai. Two days candles ki accuracy single day pattern se behtar hota hai, q k iss main aik candle thori bohut confirmation bhi deti hai. Low price area main ye zarori nahi hai, k har dafa yahan se bullish trend reversal hi hoga, issi position par bearish on-neck line pattern ban kar prices ko same bearish trend main continue karwa deti hai.

Candles Formation

Bearish on-neck line candlestick pattern prices k downtrend ya lower par low demand ki waja se banta hai, jahan par trend reversal k ziada imkanat hote hen. Pattern main shamil candles mukhtalif pattern ki yanni bearish aur bullish hoti hen, jiss ki formation darjazzel tarah se hoti hai;

1. First Candle: Bearish on-neck line candlestick pattern ki pehli candle aik bearish candle hoti hai, jo k prices ko downtrend ya bearish trend ki akasi karti hai. Ye candle bearish trend ko mazeed nechay ki taraf push karti hai, aur market main low demand ko zahir karti hai. Ye candle aik normal real body wali candle hoti hai.
2. Second Candle: Bearish on-neck line candlestick pattern ki dosri candle aik bullish candle hoti hai. Ye candle pehli candle k bottom par gap main open hoti hai, jab k close ussi candle k real body se thora sa nechay hoti hai. Pattern ki bullish candle trend reversal karne ki nakam koshash karti hai, jiss se prices same trend ko follow karna shoro karti hai. Dosri ka close price lazmi pehli candle k close se below hona chaheye.

Explanation

Bearish on-neck line candlestick pattern prices main bearish trend k dowran ban kar prices ko mazeed nechay ki janib push karti hai. Ye pattern prices k bearish trend k dowran aik waqfa peda karti hai. Pattern two days candles par mushtamil hai, jiss ki pehli candle aik strong bearish candle hoti hai, jo k prices k bearish ya down trend ki alamat hoti hai. Pattern ki dosri candle aik bullish candle hoti hai, aur iss candle ka open price pehli candle se gap main hota hai. Pattern ki dosri candle pehli candle k prices ko nechay jane se rokhne ki koshash karti hai, jo low demand ki waja se nakam ho jati hai. Pattern ki dosri candle ka open pehli candle k close se bottom par gap main hota hai, jab k close pehli candle k real body se thora sa nechay hota hai.

Trading

Bearish on-neck line candlestick pattern prices k bottom main continuation pattern ka hone ki waja se aik bearish trend signal genrate karta hai, jiss par market main sell ki entry ki ja sakti hai. Pattern par trade enter karne se pattern ki dosri candle aik confirmation candle ki zarorat parti hai, jo k real body main aik bearish candle honi chaheye, aur dosri candle k bottom par close bhi honi chaheye. Pattern ki confirmation CCI, RSI, MACD indicator aur stochastic oscillator se bhi ki ja sakti hai, jiss ki value darmeyan se nechay zone main honi chaheye. Pattern k baad bullish candle se pattern invalid tasawar kia jayega. Pattern ka Stop Loss sab se higher ya pehli candle k open price se two pips above par set karen.

candlestick pattern aik bearish trend continuation pattern hai, jo price chart par do candles se mel kar banta hai. Pattern main shamil pehli candles bearish hoti hai, issi waja se pattern k leye prices ka pehle se low area ya bearish trend main hona zarori hai. Two days candles ki accuracy single day pattern se behtar hota hai, q k iss main aik candle thori bohut confirmation bhi deti hai. Low price area main ye zarori nahi hai, k har dafa yahan se bullish trend reversal hi hoga, issi position par bearish on-neck line pattern ban kar prices ko same bearish trend main continue karwa deti hai.

Candles Formation

Bearish on-neck line candlestick pattern prices k downtrend ya lower par low demand ki waja se banta hai, jahan par trend reversal k ziada imkanat hote hen. Pattern main shamil candles mukhtalif pattern ki yanni bearish aur bullish hoti hen, jiss ki formation darjazzel tarah se hoti hai;

1. First Candle: Bearish on-neck line candlestick pattern ki pehli candle aik bearish candle hoti hai, jo k prices ko downtrend ya bearish trend ki akasi karti hai. Ye candle bearish trend ko mazeed nechay ki taraf push karti hai, aur market main low demand ko zahir karti hai. Ye candle aik normal real body wali candle hoti hai.
2. Second Candle: Bearish on-neck line candlestick pattern ki dosri candle aik bullish candle hoti hai. Ye candle pehli candle k bottom par gap main open hoti hai, jab k close ussi candle k real body se thora sa nechay hoti hai. Pattern ki bullish candle trend reversal karne ki nakam koshash karti hai, jiss se prices same trend ko follow karna shoro karti hai. Dosri ka close price lazmi pehli candle k close se below hona chaheye.

Explanation

Bearish on-neck line candlestick pattern prices main bearish trend k dowran ban kar prices ko mazeed nechay ki janib push karti hai. Ye pattern prices k bearish trend k dowran aik waqfa peda karti hai. Pattern two days candles par mushtamil hai, jiss ki pehli candle aik strong bearish candle hoti hai, jo k prices k bearish ya down trend ki alamat hoti hai. Pattern ki dosri candle aik bullish candle hoti hai, aur iss candle ka open price pehli candle se gap main hota hai. Pattern ki dosri candle pehli candle k prices ko nechay jane se rokhne ki koshash karti hai, jo low demand ki waja se nakam ho jati hai. Pattern ki dosri candle ka open pehli candle k close se bottom par gap main hota hai, jab k close pehli candle k real body se thora sa nechay hota hai.

Trading

Bearish on-neck line candlestick pattern prices k bottom main continuation pattern ka hone ki waja se aik bearish trend signal genrate karta hai, jiss par market main sell ki entry ki ja sakti hai. Pattern par trade enter karne se pattern ki dosri candle aik confirmation candle ki zarorat parti hai, jo k real body main aik bearish candle honi chaheye, aur dosri candle k bottom par close bhi honi chaheye. Pattern ki confirmation CCI, RSI, MACD indicator aur stochastic oscillator se bhi ki ja sakti hai, jiss ki value darmeyan se nechay zone main honi chaheye. Pattern k baad bullish candle se pattern invalid tasawar kia jayega. Pattern ka Stop Loss sab se higher ya pehli candle k open price se two pips above par set karen. ​

candlestick pattern hai jisay technical analysis mein use kia jata hai. Ye pattern bearish trend ka indicator hota hai aur price ke future movement ko predict karne mein helpful hota hai. IDENTIFICATION Is pattern ko identify karne ke liye, pehlay bullish trend hota hai jo kisi bearish candle se followed hota hai. Next day ki opening price, pehlay ke day ki closing price ke neechay rehti hai aur phir wohi level resistive ban jata hai. Agar price iss level se neechay break karta hai toh ye bearish on-neck pattern ban jata hai. TIPS FOR TRADERS Is pattern ke istemal se hum future movement ka idea hasil kar sakte hain. Agar is pattern ke baad price level ko break karta hai aur neechay chalta hai toh humein ye samajhna chahiye ke market aur downward movement karega. Is ka matlab ye hai ke hum apni investment ko reduce ya exit kar sakte hain. Is pattern ke saath kuch aur candlestick patterns bhi dekhe ja sakte hain jaise ki RSI, MACD, aur Bollinger Bands. In sab ke saath combine karne se humein aur behtar signal mil sakte hain. TRADING STRATEGY Bearish On-Neck Candlestick pattern aik bearish reversal candlestick pattern hai jisme do candlesticks shamil hote hain. Yeh pattern normally uptrend ke baad paya jata hai aur bearish reversal signal deta hai. Is pattern ki recognition ko confirm karne ke liye, hum step-by-step tracing strategy follow kar sakte hain: Step 1: Trend Check On-Neck pattern ko recognize karne ke liye sabse pehle humein trend ko check karna hoga. Yeh pattern normally uptrend ke baad paya jata hai, isliye humein market ki upar ki taraf move hone wali trend ki tafteesh karni hogi. Agar market uptrend mein hai, tab hum On-Neck pattern ki tracing ko proceed kar sakte hain. Step 2: First Candlestick Check On-Neck pattern mein first candlestick bullish (upward) hai, jo uptrend ki continuation ko indicate karta hai. Is candlestick ka range humein check karna hoga, jiska matlab hai ki iski high aur low price range ko dekha jaye. High price range ke beech mein jab hum horizontal line draw karenge, usko 'Neckline' kaha jata hai. Agar is line ko cross nahi kiya jata hai, tab yeh On-Neck pattern ka confirmation hai. Step 3: Second Candlestick Check On-Neck pattern mein second candlestick bearish (downward) hai, jo first candlestick ke high price level se neeche close hota hai. Agar yeh candlestick neckline ke neeche close karta hai, tab yeh pattern ki confirmation hai. Step 4: Volume Check On-Neck pattern ki recognition ke liye volume check bhi important hai. Is pattern ke sath normally volume decrease hota hai, lekin iski importance zyada nahi hoti hai. Isliye agar volume normal hai, tab bhi yeh pattern confirm ho sakta hai. Step 5: Entry, Stop Loss aur Target On-Neck pattern ke confirmation ke baad, humein trade entry point, stop loss aur target level tay karna hoga. Entry point neckline ke neeche hota hai, stop loss neckline ke upar aur target level normally previous lows ke qareeb hota hai. SUMMARY Iss tarah se, bearish on-neck pattern ek bearish trend ka indicator hota hai jo humein price movement ke baare mein idea deta hai aur humein trading decisions lene mein help karta hai. Umeed hai ke yeh step-by-step tracing strategy Bearish On-Neck candlestick pattern ko trace karne mein madadgaar sabit hogi