Trade winning strategy using descending hawk candlestick pattern

Trade winning strategy using descending hawk candlestick pattern

TRADING STRATEGY USING DESCENDING HAWK CANDLESTICK PATTERN

Introduction Descending Hawk aik important candlestick pattern hai, jo bearish trend ka signal deta hai. Is strategy mein, aap kisi stock ya currency pair ki price movement ko analyze karke trade karte hain. Descending Hawk pattern do consecutive candlesticks se bana hota hai jo ke neeche di gayi price movement ko represent karte hain. Trading Strategy Yahan, main aapko step-by-step guide dunga ke kis tarah aap descending hawk pattern ka use karke trading strategy ko implement kar sakte hain. Recognition Pehle step mein, aapko descending hawk pattern ko recognize karna hai. Is pattern mein, pehli candle bullish hoti hai, doosri candle uske upar wali taraf ki body mein gap down open karti hai aur uske baad third candle doji ya bearish candle hoti hai. Ye doji ya bearish candle pehli bullish candle ki body ko cover karti hai. Entry Point Jab aap descending hawk pattern ko recognize kar lein, toh aapka next step hota hai entry point talaash karna. Entry point ko dhundte waqt aapko third candle ke close price par dhyaan dena chahiye. Agar ye close price neeche ki taraf gaya hai, toh ye ek potential entry point ho sakta hai. Stop Loss Har trading strategy mein stop loss ka hona zaroori hota hai. Stop loss aapki trade ko nuqsaan se bachane mein madad karta hai. Descending hawk strategy mein, aap stop loss ko third candle ke high price ke thik upar rakh sakte hain. Agar price is level ko cross karta hai, toh aapka trade automatically band ho jayega. Target Aapko apne target level ko bhi tay karna hoga. Target level ko aap pehli candle ke low price ya phir doosri candle ke open price ke aas-pass rakhte hain. Risk Management Trading mein risk management ka hona zaroori hai. Har trade mein aapko apne total capital ka ek chota sa percentage invest karna chahiye. Is tarah, ek hi trade aapko zyada nuqsaan nahi pahuncha sakta. Monitor Jab aap trade enter kar chuke hain, toh uski monitoring karna bhi zaroori hai. Price movement ko closely watch karein aur agar woh aapke target level ya stop loss level tak pahunchta hai, toh action len. Exit Agar price aapke target level tak pahunch jata hai, toh aap apni trade ko exit kar sakte hain. Isi tarah, agar price aapke stop loss level tak pahunchta hai, toh bhi aapko trade exit karna chahiye. Word of Advice Yaad rahe ke har trading strategy mein risk hota hai aur market unpredictable ho sakta hai. Isliye, demo account par practice karna bhi ek acchi practice hai taa ke aap actual trading se pehle is strategy ko samajh sakein.