trading strategy using bat candlestick pattern

Trading strategy using bat candlestick pattern

BAT CANDLESTICK PATTERN

BASIC CONCEPT Bat candlestick pattern aik bearish reversal pattern hai jo kay charts par appear hota hai aur traders ko bullish trend kay end ko predict karnay may help karta hai. IDENTIFICATION Bat candlestick pattern kay liye, sab se pehlay aik bullish trend ki zaroorat hoti hai. Phir market kay prices mein aik sudden drop hota hai aur phir prices phir se upar ki taraf jatay hain. Yeh do candlesticks se bana hota hai. Pehla candlestick green ya white hai aur doosra candlestick black ya red hai. Pehla candlestick ki body small ho jati hai jab ke doosray candlestick ki body bari ho jati hai. Doosray candlestick ki body mein aik long upper shadow hoti hai aur lower shadow ki length choti hoti hai. ADVISE FOR TRADERS jab traders bat candlestick pattern ko identify kartay hain, to yeh aik signal hota hai kay bullish trend kay khatam honay ki possibility hai. Isliye, traders is signal ko dekhtay huye apni positions ko exit karnay ki strategy banatay hain. Agar aap short selling kar rahay hain, to yeh aik achay signal hai kay market down jaanay ki possibility hai aur aap ko profit mil sakta hai. Lekin, agar aap long positions hold kar rahay hain, to yeh aik warning sign hai kay market down jaanay ki possibility hai aur aap ko apni positions ko secure karna chahiye. TRADING STRATEGY Bat candlestick pattern ek bullish reversal pattern hai jo ke trend change ka signal deta hai. Is pattern mein candle ki body chhoti hoti hai aur uske upper shadow lamba hota hai jabki lower shadow nahi hota. Candle ki shape bat ke jaisi hoti hai, is liye isko bat candlestick pattern kehte hain. Step-wise trading strategy for bat candlestick pattern ko samajhne ke liye, niche diye gaye steps follow karein: STEP 1 Bat candlestick pattern ki pehchan karein: Bat candlestick pattern ko pehchanna zaroori hai. Is pattern mein, jaisa ke pehle mention kiya gaya hai, candle ki body chhoti hoti hai aur uske upper shadow lamba hota hai jabki lower shadow nahi hota. STEP 2 Trend analysis karein: Bat candlestick pattern bullish reversal pattern hai, isliye is pattern ko trend ke against nahi, balke trend ke saath trade karna chahiye. Agar market bearish trend mein hai to bat candlestick pattern ke upar trade karne se pehle trend change ka confirmation zaroori hai. STEP 3 Entry point aur stop loss tay karein: Entry point bat candlestick pattern ke high se thoda sa upar rakha jaata hai. Stop loss bat candlestick pattern ke low se thoda sa neeche rakha jaata hai. STEP 4 Target set karein: Target ke liye, price action analysis ka use kiya jata hai. Aap previous highs ko target banane ke liye istemal kar sakte hain. STEP 5 Risk management ko dhyan mein rakhein: Apne trade ke liye risk management ko dhyan mein rakhein aur apni investment ko protect karne ke liye stop loss ka use karein. SUMMARY In summary, Bat candlestick pattern ek bullish reversal pattern hai jo trend change ka signal deta hai. Is pattern ke liye trend analysis, entry point, stop loss, target aur risk management ke saath trading ki jaati hai.