What is Dragonfly Doji

What is Dragonfly Doji

What is Dragonfly Doji Dragonfly Doji, ek candlestick pattern hai jo stock market aur technical analysis mein use hota hai. Is pattern ki formation ek single candlestick se banta hai jiska open, high, aur close ek dusre ke bilkul barabar hote hain. Is pattern ko dekhne se pata chalta hai ki market mein selling pressure bahut hai aur sellers ne price ko niche khincha hai, lekin buyers ne market mein entry ki hai aur unka buying pressure badha hai. Is wajah se candlestick ki body bahut chhoti hoti hai aur wick (upper shadow) bahut lambi hoti hai, jisse dragonfly doji pattern ki shape banti hai. Jab dragonfly doji pattern form hota hai, to yeh bullish reversal signal deta hai. Iska matlab hai ki stock ka price niche se upar ki taraf move hone wala hai. Traders and investors is pattern ko analyze karke buying positions enter karte hain. Isliye, dragonfly doji pattern ko closely monitor karke stock ka price analysis kiya jata hai aur trading decisions liye jate hain. Explanation and Working of Dragonfly Doji Dragonfly Doji pattern forex market mein bhi use kiya jata hai aur iska maksad yahaan bhi wahi hota hai - price direction ka analysis karke trading decisions lena. Forex market mein bhi dragonfly doji pattern ka formation ek bullish reversal signal hai. Yadi is pattern ka formation ho raha hai to iska matlab hai ki market mein selling pressure bahut hai aur price down trend mein jaane wala hai, lekin buyers ki entry hone se price niche se upar ki taraf move hone wala hai. Forex traders dragonfly doji pattern ko closely monitor karte hain aur is pattern ke formation ke baad long positions lete hain. Is pattern ko dekhne se price movement ka direction predict kiya ja sakta hai, jisse traders profit earn kar sakte hain. Lekin, yadi dragonfly doji pattern ke sath aur bhi technical indicators ka use kiya jaye to trading decision lene mein aur bhi confidence ho sakta hai. Isliye, forex traders dragonfly doji pattern ko price analysis ke liye use karte hain.

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Dragonfly Doji Candlestick

Dragonfly doji candlestick aik long lower tail k sath bagher real body ki candle stick pattern banti hai. Candle ki open aur close price aik hi point ya price par hona chaheye. Ye candle dekhne main small real body wali candles ki tarah lagti hai, lekin small real body wali candlestick se mukhtalif hoti hai, q k doji candlesticks me body banti hi nahi hai. Dragonfly doji candlestick ki aik long lower tail is baat ka ishara karti hai, k ab yahan se price reject ho gaye hai. Is waja se wo dosre(reversal) semat me apne trend ko continue karti hai. Is me trend ki semat (reversal) change nahi hoti hai bulke jo candlestick dragonfly doji banti hai us k tail ki reversal trend shoro hoti hai. Dragonfly doji candlestick main candle ka open, close aur high same point par hota hai. Candle market aur prices k ziada lower area main hone ki waja se ye bullish trend reversal k leye ziada mashahoor candles hai.

Candles Formation

Dragonfly doji candlestick candle prices k bottom main kam supply aur ziada demand k natijay main wajood main ati hai. Ye candle aik strong reversal k leye jani jati hai, jo k upward side main kisi bhi color ki real body main ho sakti hai. Candle ki formation darjazzel tarah se ho sakti hai; Dragonfly Doji Candle: Dragonfly doji candlestick agar prices k bottom main banti hai, to iss candle ki open aur close price same aik hi line main hoti hai, ye candle aik bearish candle hi tasawar ki jati hai, low price trend reversal ki position ho sakti hai. Candle k upper side par koi wick ya shadow nahi hota, jab k lower side par aik lamba saya banta hai.

Explanation

Dragonfly doji candlestick price chart par aksar top ya bottom prices par nazar ati hai aur aksar issi position prices reversal ho jati hai. Ye candle aik spike ki sorat main nazar ati hai, jab bhi kisi strong news ki waja se prices teezi k sath downward fall karne k baad wapis apne upper open price par ja kar close hoti hai. Ye candle aik long lower shadow k sath hoti hai. Candle k upper side par small wick banne se candle ki performance par koi asar nahi parta hai, lekin ziada lamba shadow banne se candle ki hososeyat neutral ho jaye hai. Candle ki real body na hone ki waja se ye candle ka koi khas color bhi nahi hota hai, jiss se candle bottom prices par banne wali hammer candle se mushabehat rakhti hai, jab k top price par banne wali gravestone doji candle k opposite direction main banti hai.

Trading

Dragonfly doji candlestick prices k bottom main ziada bearish pressure parne par banti hai, jiss se aik candle bagher real body ki candle k lower side par aik lamba saya hota hai. Ye candle aik strong bullish signal genrate karti hai, jiss par confirmation k baad buy ki entry ki ja sakti hai. Confirmation candle ka bullish real body main hona zarori hai, jab k bearish candle banne se ye candle trading k leye invalid ho jati hai. CCI, RSI indicator aur stochastic oscillator par value oversold zone main trade karni chaheye, jis se confirmation aur bhi ziada mustehkam hoti hai. Stop Loss pattern k sab se bottom position ya candle k shadow k lower side par jo k prices k leye support level hoti hai, se two pips below set karen.