trading strategy for bullish false breakout candlestick pattern

Trading strategy for Bullish false breakout candlestick pattern

BULLISH FALSE BREAKOUT CANDLESTICK PATTERN

INTRODUCTION Bullish false breakout candlestick pattern ko samajhne ke liye sab se pehle hume ye samajhna zaroori hai ke candlestick charts kya hote hain. Candlestick charts share market mein price action ko represent karte hain. Har candlestick mein 4 prices hote hain: open, high, low, aur close. Jab price barhega tou candlestick green (bullish) hoga, jab price girega tou candlestick red (bearish) hoga. DETAILS Bullish false breakout pattern mein price ek important resistance level ko break karta hai aur phir wapas us level ke neeche jaata hai. Iske baad, price bullish candlestick banata hai, indicating that bulls (kharidne walay) market ko control kar rahe hain. Lekin, ye bullish move temporary hota hai aur price phir se wapas neeche jaata hai, indicating that bears (bechne walay) market ko control kar rahe hain. IDENTIFICATION Is pattern ko identify karne ke liye, humein ek level ko dekhna hoga jahan price pehle se hi resistance encounter kar raha ho. Agar price us level ko break karta hai, tou humein dekhna hoga ke kya price wapas neeche jaata hai ya nahi. Agar price wapas neeche jaata hai aur phir se us level ko test karta hai, tou hum dekh sakte hain ke kya woh level ab support ban gaya hai ya nahi. Agar woh level support ban gaya hai aur price bullish candlestick banata hai, tou ye bullish false breakout pattern ka indication hai. TRADING STRATEGY Bullish false breakout pattern ko samajhnay ke liye, sab se pehle ye samajhna zaruri hai ke ye kya hota hai. Bullish false breakout pattern ka matlab hota hai ke kisi share ya stock ke price mein ek temporary increase hota hai, lekin ye increase actual bullish trend ki jagah sirf temporary hota hai aur phir price wapas downtrend ki taraf chala jata hai. Agar aapko koi share ya stock ka bullish false breakout pattern dikhai de raha hai, to aap is strategy ko follow kar sakte hain: STEP 1 Pehle to apne trading plan ko banayein. Ye plan aapke risk tolerance, trading capital aur market conditions ke hisaab se tayyar kiya jana chahiye. STEP 2 Bullish false breakout pattern ko identify karne ke liye, aapko price chart par dekhna hoga ke kya price level ek bullish breakout ke baad wapas downtrend ki taraf chala gaya hai. STEP 3 Agar aapko ye pattern identify ho jata hai, to aap apni trade ko enter karein. Apni entry point ko identify karne ke liye, aap ko market mein kuch aur signals ki zarurat pad sakti hai, jaise ki technical indicators ya price action analysis. STEP 4 Apni trade mein stop loss ka use zarur karein. Stop loss aapke liye ek safety net ki tarah kaam karta hai, jo aapko market mein kisi bhi unexpected event se bachata hai. STEP 5 Apne profit target ko bhi tayyar karein. Profit target ko tayyar karne ke liye, aapko market ki previous highs ya resistance levels ko observe karna hoga. STEP 6 Apni trade ko manage karte rahein. Agar market mein koi unexpected movement ya price action aati hai, to aap apni trade ko modify kar sakte hain ya phir exit bhi kar sakte hain. Yeh the kuch steps jo aapko bullish false breakout pattern ke sath trading karne mein madad karenge. Agar aap in steps ko follow karte hain to aap apni trades ko control mein rakh sakte hain aur apne trading goals ko achieve kar sakte hain. SUMMARY Is pattern ko istemal karne ke liye, hum iske pehle ke support level ko dekh sakte hain jahan price ko bullish move kiya tha. Agar price wapas us level ke neeche jaata hai, tou hum sell karna shuru kar sakte hain aur woh level ko stop loss ke tor par istemal kar sakte hain. Agar price us level se phir se upar jaata hai, tou humein buy karna chahiye aur us level ko buy ke liye target set karna chahiye. Lekin, agar price phir se neeche jaata hai aur support level ko break karta hai, tou humein apni position ko close kar dena chahiye.