profit earning strategy using rectangular candlestick pattern

Profit earning strategy using rectangular candlestick pattern

TRADING STRATEGY FOR RECTANGULAR CANDLESTICK PATTERN

Introduction Rectangular Candlestick Pattern aik technical analysis tool hai jo share market mein istemal hota hai tashkeel karne ke liye. Is pattern ka naam "rectangular" is liye rakha gaya hai kyunki ye candlestick chart par ek rectangle ki tarah dikhta hai. Ye pattern market mein consolidation ya range-bound phase ki peshkash karta hai, jahan market price sideways move kar rahi hoti hai. Details Is pattern ko samajhne ke liye, sabse pehle hume candlestick charts aur unki basic terminology par tawajjo deni hogi. Candlestick charts par price action ko darshaya jata hai, jismein har candle ek time frame ko represent karta hai. Har candle ke upar aur neeche ke chhoti si lines "wick" ya "shadow" kehlati hain, jabki candle ki moti hissa "body" kehlati hai. Agar body upar hai, toh candle bullish hai aur agar body neeche hai, toh candle bearish hai. Identification Rectangular Candlestick Pattern ko pehchanne ke liye, hume market price ke liye ek trading range tashkeel karni hoti hai. Ismein price ka ek resistance level (upar ki limit) aur ek support level (neeche ki limit) hota hai. Price ka movement is range ke andar hota hai aur candlesticks rectangle ke andar form hote hain. Trading Strategy Ab hum Rectangular Candlestick Pattern ke step-wise tijarat ki tashkeel par tawajjo denge: Range Tashkeel: Sabse pehle, trading chart par price range tashkeel karein. Iske liye pichle kuch dino ke high aur low points ko dhyan mein rakhein aur resistance aur support level tashkeel karein. Candlestick Analysis: Range tashkeel karne ke baad, candlestick charts par tawajjo den. Range ke andar form hone wale candlesticks ko note karein. Rectangular Candlestick Pattern mein, candlesticks ka size aur color important nahi hota hai. Sirf unki formation aur location matter karti hai. Rectangle Formation: Rectangular Candlestick Pattern ki pehchan karne ke liye, range ke andar rectangle formation dhyan mein rakhein. Ismein aapko horizontal lines dwara draw kiya gaya rectangle dikhayi dega, jismein candlesticks form hote hain. Breakout Confirmation: Jab rectangle form ho jaye, tab hume breakout ki confirmation ki zaroorat hoti hai. Breakout us waqt hota hai jab price range ke bahar move karta hai aur support ya resistance level ko cross karta hai. Breakout direction aur volume ki zaroorat hoti hai confirmation ke liye. Entry Point: Breakout confirmation ke baad, aap entry point tay kar sakte hain. Agar price resistance level ko cross karke upar ja rahi hai, toh aap long position le sakte hain. Aur agar price support level ko cross karke neeche ja rahi hai, toh aap short position le sakte hain. Stop Loss aur Target: Har trading strategy mein stop loss aur target levels ka tay hona zaroori hai. Stop loss aapki nuqsaan se bacha sakta hai agar trade against aapki umeed mein na gaya. Target aapki expected profit level ko represent karta hai. In levels ko tay karne ke baad, aap apni trade ko manage kar sakte hain. Risk aur Reward: Har trade mein risk aur reward ka tay hona zaroori hai. Aapko apni risk tolerance ke hisab se trade ko manage karna chahiye. Reward ko risk ke mukablay mein tay karna zaroori hai, taaki aapki risk-reward ratio sahi ho. Summary Rectangular Candlestick Pattern aik powerful tool hai tijarat ke liye, lekin isko sahi tashkeel karna aur uski confirmation zaroori hai. Technical analysis mein aur bhi patterns aur indicators hote hain jinhe samajhna aur istemal karna zaroori hai. Hamesha demo trading account mein practice karen aur apne trading strategy ko improve karne ke liye constant learning aur analysis par tawajjo den.