Morning Star pattern

Morning Star pattern

Morning Star ek technical analysis pattern hai jo keh stock market trading mein use kiya jata hai. Ye ek bullish reversal pattern hai jo downtrend ke baad uptrend ka indication deta hai. Morning Star pattern, candlestick charts par dekha ja sakta hai aur commonly short-term traders aur swing traders dwara istemal kiya jata hai. Morning Star pattern tin consecutive candles se bana hota hai. Yeh candles following components se mil kar banta hai: Dusri candle: Pehli candle ek downtrend mein dikhti hai, jo typically bearish hoti hai. Doji candle: Dusri candle ek small body wali doji candle hoti hai. Doji candle ka open aur close price almost same hota hai, indicating a lack of strong buying or selling pressure. Tisri candle: Tisri candle, pehli candle ke upar close karti hai aur bullish hoti hai. Yeh candle typically pehli candle ke neeche open hoti hai, indicating a bullish reversal. Morning Star pattern ki entry ko confirm karne ke liye, traders iski confirmation ke liye kuch additional factors bhi dekhte hain. Kuch factors hain: Volume: Tisri bullish candle ke sath strong volume hona chahiye, indicating increased buying interest. Support level: Morning Star pattern ki entry, kisi significant support level ke pass hone par jyada reliable hoti hai. Support level, jahan price ka downtrend stop hota hai aur price rebound karne lagta hai. Morning Star pattern ki entry lene ke liye, traders typically tisri bullish candle ke close ke baad long position lete hain. Stop loss, low of the Morning Star pattern ke niche rakha jaata hai. Morning Star pattern ki entry lene ke liye, traders ko candlestick charting techniques aur technical analysis ki acchi samajh honi chahiye. Stock market trading mein entry aur exit points ke liye, traders ko technical indicators aur other analysis tools ka bhi istemal karna hota hai. Professional guidance aur practice ke saath hi traders ko successful trading karne mein madad milti hai

Assalamu Alaikum Dosto!

Morning Star Candlestick Pattern

Morning star candlestick pattern aik bullish trend reversal pattern hai, jo k prices k intehaye lower position ya bearish trend k baad bantta hai. Ye pattern aik unique qissam ka hai ajr bohut kam hi prices main nazzar atta hai. Ye pattern teen candles par mushtamil hotta hai. Jiss main pehlee candle aik strong bearish trend ki alamat hotti hai, aur dosree candle aik small real body candle (umoman Spinning top candle hotti hai, lekin zarori nahi hai) hotti hai, jo k bearish candle se gap main open aur close hotti hai. Last candle aik bullish candle hotti hai, jo k doji candle se above gap main open aur close taqreeban pehlee candle k midpoint se ziadda ya bearish candle k open price k barabar hotti hai.

Candles Formation

Jaisa k uper battaya gaya k Morning star candlestick pattern ek bullish trend reversal pattern hai, aur low prices area main bhi banta hai. Ye pattern teen candles par mushtamil hota hai, jiss main pehlee bearish candle, dosree Spinning top candle aur teesri aik bullish candle hotti hai, aur ye candles darrjazel format main honi chaheye;

1. First Candle: Morning star candlestick pattern main pehlee candle aik strong aur long real body wali black/red yanni bearish candle hotti hai, jo k market k bearish trend ki mazzboti ki tarraf ishara kartti hai.
2. Second Candle: Morning star candlestick pattern main dosree candle aik small real body candle bannti hai, jo umoman ya ziddar tar Spinning top candle hotti hai. Iss candle ki opening aur closing price same hi hotti hai. Ye candle pehlee candle se gap main open aur close hotti hai.
3. Third Candle: Morning star candlestick pattern ki teesree candle aik strong aur long real body wali bullish candle hotti hai, jo k dosree candle se gap main above open hotti hai, jab k close bearish candle k body ya top par hotti hai.

Explaination

Morning star candlestick pattern aik strong bullish trend reversal pattern hai, jo k dekhne main bulkul bullish abandoned baby candlestick pattern ki tarah hotta hai, lekin doji candle k difference ki waja se ye pattern "Bullish Abandoned Baby Candlestick Pattern" se bohut mukhtalif ban jatta hai. Ye pattern prices k downtrend ya low price area main bannta hai, jahan se ye trend reversal ka kaam kartta hia. Morning star candlestick pattern teen candles par mushtamil aik trend reversal pattern hai, jiss main pehlee candle color main black ya red yanni bearish trend wali candle hotti hai, ye candle long real body main banne ki waja se bearish trend ki mazbotti ki alammat hotti hai. Dore din ki candle aik small real body candle hotti hai, jo k prices ko temporary pause kar detti hai aur iss candle ka opening aur closing price aik dosre k qareeb hotti hai. Ye candle pehlee candle se gap main nechay ki tarraf bantti hai. Pattern ki teesri candle aik strong bullish candle hotti hai, jo k dosree candle se gap main open hotti hai aur close bearish candle main ya uss se upper ja k hotti hai. Ye candle prices k bullish trend reversal ka sabbab bantte hen.

Trading

Morning star candlestick pattern par trading karnne k leye market aap ko buy ki entry karnni paregi, lekin pattern par bagher trend confirmation k trade laggana bohut ziadda riski hai. Ye pattern banntta to bearish trend main hai lekin ye zarrori nahi k prices lazzmi bullish reversal honggi. Pattern par trade se pehle dosre technical indicators se market ki trend confirmation karlen, aggar market ki confirmation price action jaise pattern k baad aggli candle bhi bullush bannti hai to ye trend confirmation ho jatti hai. Confirmation candle k baad market main buy ki entry karen aur Stop Loss k leye market ka sab se lower position, jo k umoman Spinning top candle ka lower position banega par set karen.