bullish tower bottom candlestick pattern ki wazahat

Bullish tower bottom candlestick pattern ki wazahat

BULLISH TOWER BOTTOM CANDLESTICK PATTERN

Introduction Bullish Tower Bottom Candlestick Pattern, candlestick charts par dekhne ko milnay wala aik bullish (upward) trend reversal pattern hai. Is pattern ki tashkeel jab price action mein do khas candlesticks hoti hain. Pehli candlestick (pillar) long red (downward) candle hoti hai jo market ki bearish (downward) movement ko darj karwati hai. Dosri candlestick (pillar) long green (upward) candle hoti hai, jo pehli candlestick ki range se neechay tak extend hoti hai. Yeh extension pehli candlestick ki body ke andar ya uski kareeb hoti hai. Dono candles ki body bari hoti hai aur shadows (upper aur lower wicks) chotay hote hain. Identification Bullish Tower Bottom Candlestick Pattern ki pehchan karna aham hai, kyunki iska istemal bullish trend ki pehchan aur reversal ke liye kiya jata hai. Pattern ki pehchan karne ke liye, apko chart analysis par tawajjo deni hogi aur iski muhim alamat ko samajhna hoga. Neechay diye gaye tareeqay ko follow karke ap is pattern ko pehchan sakte hain: Step 1 Dekhain ke pehli candlestick (pillar) kaisi hai. Wo lambi red (downward) candlestick honi chahiye, jo market ki bearish (downward) movement ko darj karwati hai. Step 2 Dosri candlestick (pillar) ko dekhen. Wo pehli candlestick ki range se neechay tak extend honi chahiye. Iska matlab hai ke dosri candlestick ne pehli candlestick ke andar ya uski kareeb se shuru hoti hai aur neechay tak jati hai. Step 3 Dono candles ki body bari honi chahiye. Isse ye zahir hota hai ke market mein significant buying pressure hai. Step 4 Shadows (upper aur lower wicks) chotay honay chahiye. Chotay shadows market mein strong buying ki tashkeel karwate hain. Tips for traders Jab traders Bullish Tower Bottom Candlestick Pattern ko pehchantay hain, to ye trend reversal ke liye trading decisions lainy main madafd krta hy. Ye pattern aik bullish trend ki anay wali ghataish ko darj karta hai aur traders ko bullish trend mein entry point provide karta hai. jab ap is pattern ko dekhtay hain, to iska matlab hai ke market bearish trend se bullish trend mein ja sakta hai. Ap is pattern ko confirm karne ke liye dusri technical analysis tools aur indicators ka istemal kar sakte hain, jaise ke trend lines, moving averages, aur oscillators. Summary Bullish Tower bottom candlestick pattern aik aham tool hai jise traders price action analysis mein istemal karte hain. Yeh pattern trend reversal signals provide karta hai aur traders ko profitable trading opportunities deta hai.

Bullish Tower Bottom Candlestick Pattern Introduction : Bullish Tower Bottom candlestick pattern, also known as "Bullish Harami Cross" or "Bullish Harami Piercing," is a bullish reversal pattern that occurs during a downtrend. It consists of two candlesticks and signifies a potential trend reversal from bearish to bullish. Components : 1. First Candlestick: - The first candlestick is a long and bearish (red or black) candlestick that indicates a significant selling pressure. - Its body represents a price decline from the opening to the closing price. - This candlestick establishes the downtrend. 2. Second Candlestick : - The second candlestick is a small bullish (green or white) candlestick. - It opens below the low of the first candlestick and closes above its midpoint. - The body of the second candlestick is engulfed within the body of the first candlestick. Pattern Interpretation : The Bullish Tower Bottom pattern suggests a potential reversal in the downtrend. Here's how to interpret the pattern: 1. Downtrend Confirmation : - Before identifying the Bullish Tower Bottom pattern, ensure that the market is in a clear downtrend. - Look for a series of lower highs and lower lows on the price chart. 2. First Candlestick : - The first candlestick should be a long and bearish candlestick. - It shows that sellers are in control and pushing the price lower. 3. Second Candlestick : - The second candlestick should be a small bullish candlestick. - It signifies a shift in momentum and a potential reversal of the downtrend. - The open of the second candlestick should be below the low of the first candlestick. - The close of the second candlestick should be above the midpoint of the first candlestick. 4. Confirmation and Entry : - After identifying the Bullish Tower Bottom pattern, traders wait for confirmation before entering a trade. - Confirmation can be sought through additional bullish price action or technical indicators. 5. Price Target : - The Bullish Tower Bottom pattern suggests a potential price reversal to the upside. - Traders can set a price target based on historical support/resistance levels, Fibonacci retracements, or other technical analysis tools. Conclusion : The Bullish Tower Bottom candlestick pattern provides traders with an indication of a potential trend reversal from bearish to bullish. It is important to wait for confirmation and consider other technical analysis tools before making trading decisions based solely on this pattern.