What is Three Stair Step Candlestick Pattern?

What is Three Stair Step Candlestick Pattern?

Hello friends!Hope you are fine. Stay happy with Pakistan Forex Forum. Three Stair Step Candlestick Pattern: The three stair step candlestick pattern is a trading pattern that is used to identify possible changes in the direction of the market. It is important to use this pattern cautiously, especially for beginners, because big changes in the market can be risky. This pattern is used as an entry point for traders when the market has experienced a minor decline and then breaks out above a major resistance level. This indicates a bullish movement, where prices are likely to rise again.The role of the forex market is to show signs of market resistance. In a Doji candlestick, the opening and closing prices are almost the same, resulting in a very small or non-existent body. In this step, the market's direction is acknowledged. The first candlestick's request for lower prices is seen as a bearish signal, while the second candlestick's request for higher prices is seen as a bullish signal. The second candlestick completely engulfs the first one, showing strength and surpassing previous highs or lows, providing more information about trends and possible reversals. These patterns are useful because they occur frequently, and their measurement is relatively straightforward since the second candlestick changes color. The strength and reliability of the pattern depend on the strength of the upward or downward movement before it. Now, let's understand the basics of this pattern. Traders use it to identify market trends and patterns. The three stair step candlestick pattern is a pattern that indicates a possible reversal from a downward to an upward trend. It consists of three consecutive candlesticks with increasing prices. The pattern forms after a downward trend and suggests that the trend may reverse upwards. Each candlestick in the pattern has a long body, and the upper shadow is shorter or non-existent, indicating that buyers are in control and pushing the prices higher. By analyzing this pattern, traders can make informed decisions about entering the market. It is recommended to use this pattern for smaller trades because bigger trades can be more dangerous. Once the market breaks above a resistance level after a minor decline and shows a bullish movement, the pattern is formed. This pattern suggests that the market might retrace downwards and touch the resistance level again before moving upwards. This creates a series of steps. When a strong support level is present, it indicates that the market is likely to have a significant upward trend.To summarize, it is advisable to pay attention to this candlestick pattern in the market as it can help identify good entry points for trading and increase the chances of making a profit

Asslam-O-Alaikum! Dear members Me ummed kerti hoke ap sb ka forex trading py kam bht acha chl rha hoga. Aj jis topic py hum baat kre gy wo Neeche mention hy. TOPIC:What is Three Stair Step Candlestick Pattern? candle stick charts takneeki tajzia mein aik ahem tool hain jo traders market ke rujhanaat aur namonon ki shanakht ke liye istemaal karte hain. three stair step candle stick patteren, jo ke aik taizi ka patteren hai jo neechay ke rujhan se oopar ke rujhan ki taraf mumkina rujhan ke ulat jane ki nishandahi karta hai. three stair step candle stick patteren aik taizi ka reversal patteren hai jo ke barhti hui band qeematon ke sath lagataar teen taizi ki candle stuck par mushtamil hai. patteren neechay ke rujhaan ke baad bantaa hai, aur yeh ishara karta hai ke ho sakta hai rujhan oopri rujhan ki taraf palat raha ho. patteren mein har mom batii ka jism lamba hota hai aur oopri saya kam ya koi nahi hota, jo is baat ki nishandahi karta hai ke khredar control mein hain aur qeemat ko barha rahay hain. patteren ko three stair step kaha jata hai kyunkay teen taiz mom batian oopar jane wali seerihoon ke set se mushabihat rakhti hain, jis ka har qadam pichlle se ouncha hota hai . EXPLAINATION: three stair step candle stick patteren mein kayi khususiyaat hain jinhein traders ko patteren ki shanakht karte waqt dekhna chahiye. yeh shaamil hain teen lagataar taizi ki mom batian patteren mein band honay wali qeematon mein izafah ke sath lagataar teen blush candle stock shaamil hain . lambi bodies patteren mein har mom batii ka jism aik lamba hota hai, jo is baat ki nishandahi karta hai ke market mein qeematon mein numaya harkat hai . chhota ya koi oopri saya nahi patteren mein mojood candle stock ka oopri saya kam ya koi nahi hai, jo is baat ki nishandahi karta hai ke khredar control mein hain aur qeemat ko barha rahay hain . koi ahem nichala saya nahi patteren mein mojood candle stock mein koi ahem nichala saya nahi hai, jis se zahir hota hai ke baichnay walay qeemat ko neechay laane ke qabil nahi hain . patteren down trained ke baad zahir hota hai patteren down trained ke baad bantaa hai, jo mumkina rujhan ke ulat jane ki nishandahi karta hai . three stair step candle stick patteren aik taizi se ulatnay ka patteren hai jo neechay ke rujhan se oopar ke rujhan ki taraf mumkina rujhan ko tabdeel karne ki nishandahi karta hai. patteren se pata chalta hai ke khredar market par control haasil kar rahay hain aur qeemat ko barha rahay hain, jo market ke jazbaat mein mandi se taizi ki taraf tabdeeli ki nishandahi karta hai. taajiron ko neechay ke rujhan ke baad patteren ko talaash karna chahiye, kyunkay aisa is waqt hota hai jab aisa honay ka ziyada imkaan hota hai . patteren ki shanakht karte waqt, taajiron ko deegar takneeki isharay jaisay hajam, harkat pazeeri ost, aur support aur muzahmat ki sthon ka tajzia karkay ulat jane ki tasdeeq talaash karni chahiye. patteren ki tashkeel ke douran ziyada tijarti hajam aik taizi ka ishara hai, jo is baat ki nishandahi karta hai ke khredar market mein sargaram hain aur qeemat ko barha rahay hain. moving averages bhi rujhan ke ulat jane ki tasdeeq faraham kar sakti hain, 200 din ki moving average se oopar 50 din ki moving average crossing aik taizi ka ishara hai . taajiron ko rujhan ke ulat jane ki tasdeeq ke liye support aur muzahmati sthon ko bhi talaash karna chahiye. patteren ziyada qabil aetmaad hota hai jab yeh aik ahem support level par hota hai, jis se zahir hota hai ke khredar kaleedi satah par market mein daakhil ho rahay hain. rizstns levels ulat jane ki tasdeeq bhi faraham kar sakti hain, qeematon mein numaya muzahmati satah se oopar tootna aik taizi ka ishara hai . three stair step candle stick patteren aik taizi se ulatnay ka patteren hai jo neechay ke rujhan se oopar ke rujhan ki taraf mumkina rujhan ko tabdeel karne ki nishandahi karta hai. yeh patteren lagataar teen taizi ki mom btyon par mushtamil hai jis mein ikhtitami qeematon mein izafah aur bohat kam ya koi oopri saya nahi hai, jo is baat ki nishandahi karta hai ke khredar control mein hain aur qeemat ko barha rahay hain. taajiron ko chahiye ke neechay ke rujhan ke baad patteren talaash karen aur dosray ka istemaal karte hue ulat jane ki tasdeeq karen .