What's the Shooting Star pattern in forex trading

What's the Shooting Star pattern in forex trading

Introduction "Shooting Star" ek prakar ki candlestick pattern hai jo forex trading mein istemal hota hai. Ye pattern usually uptrend ke baad dekha jata hai aur bearish reversal ke indication ke liye istemal hota hai. Shooting Star pattern ek single candle se bana hota hai. Shooting Star pattern ki do types hoti hain: "Bearish Shooting Star" jo uptrend ke baad bearish reversal indicate karta hai, aur "Inverted Hammer" jo downtrend ke baad bullish reversal suggest karta hai. Dono patterns mein upper shadow lambi hoti hai aur close price body ke near hota hai. Is pattern mein candlestick ki body chhoti hoti hai aur upper shadow (wick) lambe hoti hai, jo ki star ki tarah dikhti hai. Yani ki candlestick ka close price near the low hota hai, jabki high price bahut upar hoti hai. Agar aap shooting star pattern dekhte hain to ye ek potential reversal signal ho sakta hai. Yeh isliye ho sakta hai kyunki jab market mein buying pressure ke baad bhi price kam ho jata hai aur woh candlestick bilkul top par close hoti hai, to yeh bearish sentiment ka sanket ho sakta hai. Traders is pattern ki confirmation ke liye next candlestick ki movement ko dekhte hain. Agar next candlestick down ki taraf move karti hai aur shooting star ki low ko break karti hai, to yeh ek indication ho sakti hai ki market bearish direction mein ja sakta hai. Lekin, important hai ki aap sirf shooting star pattern dekh kar trading na karen. Iske alawa bhi technical analysis ke aur bhi tools aur signals hote hain jo consider karne chahiye trading decisions lene se pehle. Market mein risks hote hain, isliye aap hamesha risk management ka bhi khayal rakhein jab trading karte hain.