Trading strategy using Bearish 3 Line Strike candlestick pattern

Trading strategy using Bearish 3 Line Strike candlestick pattern

TRADING STRATEGY USING BEARISH 3 LINE STRIKE CANDLESTICK PATTERN IN TRADING

Introduction Bearish 3 Line Strike, aik candlestick pattern hai jo bearish trend ko indicate karta hai. Yeh pattern usually uptrend ke baad dikhta hai aur future mein price ko neeche le jane ka sanket deta hai. Trading Strategy Is strategy mein, aapko kuch kadam follow karne hote hain: Shuruaat me bullish trend hona chahiye: Aapko ek bullish trend ke baad hi Bearish 3 Line Strike pattern ka intezaar karna chahiye. Agar price uptrend mein hai, toh aapko alert rehna chahiye. 1st Candle - Ek lambi bullish (green) candle: Pattern ki shuruaat ek lambi bullish candle se hoti hai, jo uptrend ko indicate karta hai aur buyers ka dominance dikhata hai. 2nd Candle - Choti bullish (green) candle: Dusri candle bhi bullish hoti hai, lekin pehli candle se choti hoti hai. Iska matlab hai ki uptrend mein thoda pressure aa gaya hai aur price mein thoda sa girawat ho sakti hai. 3rd Candle - Ek bearish (red) candle: Tisri candle bearish hoti hai, yani ki price neeche girti hai. Yeh ek potential reversal signal hai. 4th Candle - Ek long red candle: Is candle ki lambai pehli teen candles se badi honi chahiye. Yeh candle uptrend ki growth ko rokta hai aur price ko neeche le jata hai. Confirmatory Candle - Ek aur bearish candle: Is candle mein price neeche jata hai aur pattern ko confirm karta hai. Agar yeh candle bhi bearish hoti hai, toh yeh ek aur indication hai ki price neeche jane wala hai. Entry Point: Jab confirmatory candle complete ho, tab sell (short) position enter karna consider kiya ja sakta hai. Yani, aap market mein trade kar sakte hain ummid karte hue ki price niche jaayega. Stop Loss: Stop loss lagana bohot zaroori hota hai, kyunki agar market unexpectedly reversal ho gaya toh aapko loss kam karne ka mauka mil jata hai. Stop loss usually confirmatory candle ke high ya previous candles ke high ke thik upar lagaya jata hai. Target: Aap target price decide kar sakte hain jo ki aapko profit dene ke liye lagaya jata hai. Is target price ko analyze karke set karna chahiye. Risk-Reward Ratio: Har trade mein risk aur reward ka balance rakhein. Aapko zyada loss hone se bachne ke liye risk-reward ratio ka dhyan rakhna chahiye. Word of Advice Ek achhi practice hai ki aap historical data pe backtesting karein, taki aapko is strategy ka success rate aur possible improvements ka idea mil sake. Candlestick patterns ka study karna mehnat ka kaam hai, lekin agar sahi tareeke se seekha jaye toh yeh trading strategy me madadgar ho sakti hai.