Trading strategy for turn up candlestick pattern

Trading strategy for turn up candlestick pattern

TRADING STRATEGY FOR TURN UP CANDLESTICK PATTERN

INTRODUCTION Turn up candlestick pattern, bhi "Bullish Reversal Candlestick Pattern" ke naam se jaana jata hai, ye ek technical analysis tool hai jo stock market mein use hota hai. Ye pattern market mein bearish trend ke baad bullish trend ka signal deta hai. Is pattern ki pehchan candlestick chart analysis ke through ki jati hai. Yeha par mai apko turn up candlestick pattern ki concept aur step-wise trading strategy Roman Urdu mein samjhaunga. DETAILS Turn up candlestick pattern mein hume market mein trend reversal ke signs dikhayi dete hain. Is pattern mein humein 3 consecutive candlesticks ko dekhna hota hai. Pehla candlestick bearish hota hai, dusra candlestick bhi bearish hota hai lekin pehle candlestick se neeche low nahi hota, aur teesra candlestick bullish hota hai. TRADING STRATEGY Ab hum step-wise trading strategy ke baare mein baat karte hain: STEP 1 Pattern ki pehchan Sabse pehle, apko turn up candlestick pattern ko identify karna hai. Iske liye apko 3 consecutive candlesticks ki jarurat hoti hai. Pehla candlestick bearish hona chahiye, dusra bhi bearish hona chahiye lekin pehle candlestick se neeche low nahi hona chahiye, aur teesra candlestick bullish hona chahiye. STEP 2 Confirmation candlestick ka wait karein Pattern ki pehchan ke baad, apko confirmation candlestick ka wait karna hai. Agar teesri candlestick ke baad ek aur bullish candlestick banti hai toh ye confirmatory signal hota hai. STEP 3 Entry point ka tayyari karein Confirmation candlestick ke baad, apko entry point tayyari karna hai. Entry point apko teesri bullish candlestick ke high se ek tick above hona chahiye. Isse apko ek breakout ka signal milega. STEP 4 Stop loss aur target tay karein Jab ap entry point par enter karte hain, toh apko apna stop loss aur target tay karna hai. Stop loss apko thoda neeche teesri candlestick ke low ke neeche lagana chahiye. Target apko apne risk appetite aur market conditions ke hisab se tay karna hai. STEP 5 Trade management aur exit strategy Jab ap trade mein hain, toh trade ko manage karna bahut zaroori hai. Ap apne trade ko monitor karte rahen aur apne target ko achieve karne ke baad exit strategy ko follow karen. Agar market conditions unfavourable ho rahi hai ya target nahi ho pa raha hai, toh ap apne stop loss ke neeche exit karein. SUMMARY Turn up candlestick pattern ek powerful tool hai jo traders ko trend reversal ke baare mein jaankari deta hai. Lekin trading mein risk bhi hota hai, isliye apne trades ko carefully plan karein aur apne risk management strategies ka istemal karein. Turn up candlestick pattern ke saath technical analysis ke aur indicators ke bhi istemal karke ap apne trading decisions ko confirm kar sakte hain.