Trading strategy for three drive candlestick pattern

Trading strategy for three drive candlestick pattern

THREE DRIVE CANDLESTICK PATTERN

INTRODUCTION Three Drive Candlestick Pattern yek technical analysis indicator hai jo stock market traders use karte hain, jis ka matlab hota hai ke kisi bhi trend mein 3 baar retracement hota hai aur phir price wapas trend direction mein move karta hai. Ye pattern bullish aur bearish dono trends mein dekha ja sakta hai. IDENTIFICATION Three Drive Bullish Pattern ko identify karne ke liye, pehle candlestick bullish trend mein hota hai aur phir price down move karta hai jis se ek bearish retracement ban jata hai. Dusre candlestick mein price phir se up move karta hai aur pehle candlestick ki high ko cross karta hai, jis se pehle bearish retracement ko overcome kiya jata hai. Teesre candlestick mein price phir se down move karta hai, jis se ek aur retracement ban jata hai. Lekin ye retracement pehle se kam time period mein complete hota hai aur phir price phir se up move karta hai aur pehle candlestick ki high ko phir se cross karta hai. Ye bullish trend continuation ka signal hai aur traders is ka use karte hain ke long positions len aur stop loss ke neeche rakhen. Three Drive Bearish Pattern ko identify karne ke liye, pehle candlestick bearish trend mein hota hai aur phir price up move karta hai jis se ek bullish retracement ban jata hai. Dusre candlestick mein price phir se down move karta hai aur pehle candlestick ki low ko cross karta hai, jis se pehle bullish retracement ko overcome kiya jata hai. Teesre candlestick mein price phir se up move karta hai, jis se ek aur retracement ban jata hai. Lekin ye retracement pehle se kam time period mein complete hota hai aur phir price phir se down move karta hai aur pehle candlestick ki low ko phir se cross karta hai. Ye bearish trend continuation ka signal hai aur traders is ka use karte hain ke short positions len aur stop loss ke upar rakhen. TRADING STRATEGY Step Wide Trading Strategy for Three Drive Candlestick Pattern: STEP 1 Sabse pehle, apko is pattern ko identify karna hoga. Agar aapke paas charting software hai, toh is pattern ko easily spot kar sakte hai. Agar nahi hai to aap isko manually bhi identify kar sakte hai. STEP 2 Jab aap is pattern ko spot kar lete hai, toh next step hota hai ki aap apne entry point ke liye wait kare. Entry point typically fourth candle ke close ke neeche hota hai. Yadi aap short position mein hai toh fourth candle ke close ke upar se entry lena hota hai. STEP 3 Agar aapka entry point confirm ho chuka hai, toh apko stop loss lagana hoga. Aap apne stop loss ko fourth candle ke high ke upar rakhe yadi aap long position mein hai, aur fourth candle ke low ke neeche rakhe yadi aap short position mein hai. STEP 4 Jab apka trade confirm ho jaata hai, toh phir aap apni target price ko decide kare. Target price typically 1:1 risk-reward ratio ka hota hai, jaisa ki aapki risk hai uske barabar. STEP 5 Jab aap apne target price ko decide kar lete hai, toh aap apne position ko close kar de yadi target price ko hit kar lete hai. Agar target price nahi hit hota hai, toh stop loss ke hit hone tak wait kare. ADVICE FOR TRADERS Is trading strategy ko use karne ke liye, aapko technical analysis ke basic concepts aur candlestick patterns ka knowledge hona chahiye. Aapko iske alawa bhi market ke movements aur price action ko closely monitor karna hoga. Is strategy ko use karne se pehle, aapko apne risk tolerance aur trading style ke baare mein bhi sochna hoga. Is strategy ko use karne se pehle, aapko apne risk tolerance aur trading style ke baare mein bhi sochna hoga. SUMMARY "Three Drive" candlestick pattern ek aham trading pattern hai jismein teesri candle first candle se thodi upper level pe banti hai, aur phir fourth candle second candle se neeche ke taraf banti hai. Yeh pattern typically trend reversal ke indication deta hai. YE pattern ko identify karne ke liye, traders ko candlestick charts aur technical analysis tools jaise ki moving averages aur support aur resistance levels ka use karna hota hai. Ye pattern ka use karna traders ke trading style aur risk appetite par depend karta hai.

Assalam o Alaikum! Umeed hy forex sab k liye helfull rhy ga. Trading strategy for three drive candlestick pattern Three driver pattern, jisay kabhi kabhi 3 drives patteren bhi kaha jata hai, aik takneeki tajzia tool hai jo qeemat ki naqal o harkat mein mumkina ulat points ki shanakht ke liye istemaal hota hai. Traders teen lagataar, sadool blush ya bearish tangon ki talaash karte hain, jinhein drives kaha jata hai, jis mein teesra point farmission ki takmeel ko nishaan zad karta hai.three drivers ko harmonic patteren ke tor par darja bandi kya gaya hai aur is ka abcd patteren se gehra talluq hai. taham, jahan ae bi si d do tangon aur aik pal back se bana hai, 3 Drives teen tangon aur do pal bacchus par mushtamil hai. Three drivers nateejay ke tor par, yeh baqaida abcd chart ki tashkeel ke muqablay mein talaash karna qadray mushkil ho sakta hai. phir bhi, bohat se tajir rujhan ke ulat phair ki pishin goi karte waqt usay aala darjay ki durustagi ka haamil samajte hain, is liye yeh seekhnay ke qabil hai ke is patteren ko kaisay pehchana jaye . Trading Entries Yahan indraaj karne ke liye aap ke paas do ikhtiyarat hain : market order ke sath ya had ke order ke sath. kuch traders b ke 127. 2 % ya 161. 8 % extension par aik had ka order muqarrar karte hain, jahan tawaqqa ki jati hai ke teesri drive rivers karna shuru kar day gi. taham, agarchay is hikmat e amli ke nateejay mein pin point andrajaat ho satke hain, yeh stap lasz ko tarteeb dena bhi mushkil bana deta hai, kyunkay aap qeemat ke rivers honay se pehlay daakhil ho rahay hain. price action ki tasdeeq ka intzaar karna setting ko bohat aasaan bana sakta hai lekin is ke nateejay mein khatrah / inaam ka tanasub kharab ho sakta hai. aap market order ke sath daakhil honay se pehlay candle stuck patteren jaisay shooting stars, hathoray, ya mom btyon ko lapait kar ulat jane ke assaar ka intzaar karne ki koshish kar satke hain . Stop loss Agar aap tasdeeq ka intzaar karne ka intikhab karte hain, to aap bearish 3Drives ke liye –apne stop ko sab se ounchay maqam ke oopar ya taizi ke set up ke liye sab se kam point ke neechay set kar satke hain. agar aap 161. 8 % par had ka order istemaal kar rahay hain, to aap b ke 170 % ya 175 % extension se agay stap set karne ki koshish kar satke hain, jo set up ko baatil kar day ga. 127. 2 % par daakhil honay par aap kuch aisa hi kar satke hain . Take profit Yahan aap ka munafe ka hadaf kaafi lachak dar hai. aap makhsoos rissk / inaam ke tanasub se bahar niklny ka intikhab kar satke hain, jaisay 1 : 2 ya 1 : 3. kuch log poooray patteren ke 61. 8 % retracement par munafe lainay ke khwahan hain, yani pehli drive ke aaghaz aur teesri drive ke ekhtataam tak fabonacci extension tool ka istemaal karte hue. mutabadil tor par, aap fibonacci extension tool ka istemaal karkay poori farmission ke 127. 2 % ya 161. 8 % extensions talaash kar satke hain aur dono sthon par munafe ka hadaf muqarrar kar satke hain . Example Bullish yahan, hum forex market mein taqreeban hum aahang 3 drives ka namona dekh satke hain jis ne aik ahem tabdeeli ka ishara kya. barray pemanay par lapaitnay wali mom batii ke baad, aik market order taajiron ko aik mohazab tijarat mein le jata . Bearish is misaal mein, hum aik bohat bara namona dekhte hain. jab ke final drive 161. 8 % raqbay se thora sa agay khatam hui, 61. 8 % ki satah tak hum ahangi aur taqreeban kaamil retracement is baat ki nishandahi karta hai ke patteren tawaqqa ke mutabiq chal sakta tha. traders aik behtareen rissk / reward ratio ko mehfooz bananay ke liye 170 % level se oopar ke stop ke sath dosray retracement ke mutawaqqa 161. 8 % extension mein daakhil ho satke thay .