Trading strategy using Bullish Decent Block candlestick pattern

Trading strategy using Bullish Decent Block candlestick pattern

BULLISH DESCENT BLOCK CANDLESTICK PATTERN

BASIC INFO

Bullish Decent Block candlestick pattern ka matlab hota hai k jab market ka trend up ho aur phir kuch arsay k liye price down ho jaye, to is situation me Decent Block pattern form hota hai jo bullish reversal ka signal deta hai. IDENTIFICATION Is pattern ko identify karne k liye, hume pehle dekhna hota hai k market ka trend up tha ya nahi. Agar trend up tha to phir hum dekhenge k kuch arsay k liye price down kyun hui. Agar is price drop k dauran trading volume kam tha, to yeh bullish Decent Block pattern ka signal hai. ADVISE FOR TRADERS Is pattern ko samajhne k liye, hume iska visual representation dekhna chahiye. Is pattern me, ek lumba block hota hai jo price range ko represent karta hai aur iske neeche ek chota block hota hai jo iske niche ka price represent karta hai. Agar yeh pattern candlestick chart me upar se neeche ki taraf form hota hai, to yeh bullish reversal ka signal hai aur traders ko buy karna chahiye. TRADING STRATEGY Bullish Decent Block candlestick pattern aik bullish trend ka signal hai, jo baad mein upar ki taraf jata hai. Yeh pattern candlestick chart mein dikhai deta hai aur iski shape aik choti si rectangle jaisi hoti hai, jis ki upper wali line se ek lambi tail nikalti hai. Agar aap Bullish Decent Block candlestick pattern ko trade karna chahtay hain, toh aap is strategy ko follow kar saktay hain: Chart Analysis: Sab se pehlay, aapko apni trading chart ko analyze karna hoga aur Bullish Decent Block candlestick pattern ko dhundna hoga. Confirmation: Jab aap Bullish Decent Block candlestick pattern ko dhund len, toh aapko iski confirmation ki zaroorat hogi. Iskay liye, aapko dekhna hoga ke price action is pattern ki upper wali line se cross kar raha hai ya nahi. Entry Point: Agar aapko confirmation mil jata hai, toh aap apna entry point decide kar saktay hain. Iskay liye, aap apnay broker ki platform par buy order place kar saktay hain. Aapko stop loss aur target price bhi decide karna hoga. Stop Loss: Stop loss aik aham risk management tool hai, jo aapko loss se bachata hai. Agar aapka trade opposite direction mein chala jata hai, toh stop loss aapko position se exit karne mein help karega. Bullish Decent Block candlestick pattern ke liye stop loss, pattern ki bottom line ke neechay rakha jata hai. Target Price: Target price, aapki trading strategy ke hisab se decide karna hoga. Agar aap short term trader hain, toh aap apna target price pattern ki height se multiply karke decide kar saktay hain. Agar aap long term trader hain, toh aap apnay technical analysis ke hisab se target price decide kar saktay hain. Exit Point: Jab aapka target price hit ho jata hai, toh aap apni position se exit kar saktay hain. Agar aapka target price hit nahi hota hai aur price opposite direction mein chalne lagta hai, toh aap apnay stop loss ke hisab se position se exit kar saktay hain. Yeh tha Bullish Decent Block candlestick pattern ko trade karne ka step by step strategy. Aapko market ki volatility aur apnay trading style ke hisab se apni strategy ko customize karna hoga. SUMMARY Is pattern ko use karne se pehle, traders ko iske confirmations ka wait karna chahiye jaise k price breakout aur trading volume ki increase. Yeh confirmations traders ko yeh batate hai k yeh reversal signal strong hai aur traders confidently is pattern ka use kar sakte hain.