pipe top and pipe bottom candle stick pattern kia h??

Pipe top and pipe bottom candle stick pattern Kia h??

Assalam alaikum dear members! es post main hum pipe top or pipe bottom candle stic patterns ko study karen gy hum dekhen gy k en ki indentification kia hoti ha or inko kesy trade kia jata ha. What is Pipe Top & Pipe Bottom Pattern? Dear members ye aik double candle stick pattern hota ha.ye pattern hr time frame k lye useful ha lekin ye long time frame main acha perform karta ha.ye pattern reversal pattern hota ha jo k trend change hony ki nishani hoti ha.esko pipe ka nam es lye dia gia ha k es main 2 candles aik sth bnti hn or pipe ki shkl ki dkhti hain. pipe top pattern bullish trend k end main bnta ha or ye trend reversal ki indication hota ha jb k pipe bottom pattern bearish trend k end main bnta ha or ye trend reversal ki indication hota ha.es main bhi 2 candles aik sth bnti hain or pipe ki shkl ki dkhti hain. baz oqat ye end of retracement ko bhi indicate karty hain. Identification of this pattern? Dear members pipe top or pipe bottom ki confirmation k lye nechy dye gye components lazmi hain. Spikes: spike ka mtlb hota bht lmbi price movement jo k previous movement se zada ho or es main lambi candles banti ha. Ye 2 candles hoti hain jo k opposite direction main bnti ha 1 sell ki or 1 buy ki. overlaps: 2 spike candles jb bnti hain to wo apni body ka zada tr hissa share krti hain mtlb k 70% dobo ki height matching hoti ha. Ye lazmi ni hota k high se le kr low to match hn. Es body matching ko overlap kaha jata ha. Volume: ye es pattern ki validity ka important factor ha. Average se zada market volume involve hona chahye in spikes k banny main. Confirmation : Es pattern ki confirmation ye hoti ha k es k bad jo next candle bny wo es pattern ki closing price se nechy pipe bottom main close ho . jb k pipe top main next candle es pattern ki closing price ae opr close ho. HOW TO TRADE IT? Pipe bottom ki confirmation jb ho jy candle closing k bad to es main buy ki entry le skty hain or hmara stop loss pipe bottom ki closing ya us se nechy ho ga jb k profit target in spikes candles ki height k equal ho ga. pipe top ki confirmation kr candle k es se opr close hony k bad sell ki entry le skty hain or stop loss pipe top ki closing ya us se nechy ho ga or profit target spikes candles ki height k equal ho ga.