bearish three line strike candlestick pattern

Asslam O Alikum
Bearish Three Line Strike Candlestick Pattern

Pattern Identification

The bearish three-line strike candlestick pattern is a bearish reversal pattern that occurs at the end of an uptrend. It is made up of four candlesticks.

• First candlestick: A bullish candlestick with a higher close than open.
• Second candlestick: A bullish candlestick with a higher close than open, but with a lower high than the first candlestick.
• Third candlestick: A bullish candlestick with a higher close than open, but with a lower high and lower low than the second candlestick.
• Fourth candlestick: A bearish candlestick with a lower close than open that engulfs the bodies of the first three candlesticks

Trading Strategy

The bearish three-line strike candlestick pattern can be used to trade a potential reversal in an uptrend. The following are some trading strategies that can be used with this pattern.

• Buy stop order: Place a buy stop order above the high of the fourth candlestick. This will enter you into a long position if the price breaks above the resistance level.
• Trailing stop: Once you are in a long position, place a trailing stop below the low of the fourth candlestick. This will help you to protect your profits if the price starts to move against you.
• Target price: Set a target price that is at least 1.5 times the risk you are willing to take. This will help you to lock in profits if the price moves in your favor.

Example

The following chart shows an example of a bearish three-line strike candlestick pattern. The pattern occurs at the end of an uptrend. The first three candlesticks are bullish, with each candlestick closing higher than the previous candlestick. The fourth candlestick is a bearish candlestick that engulfs the bodies of the first three candlesticks.

The trader could place a buy stop order above the high of the fourth candlestick. This would enter the trader into a long position if the price breaks above the resistance level. The trader could also place a trailing stop below the low of the fourth candlestick. This would help the trader to protect their profits if the price starts to move against them. The trader could set a target price that is at least 1.5 times the risk they are willing to take. This would help the trader to lock in profits if the price moves in their favor.

Conclusion

The bearish three-line strike candlestick pattern is a reliable bearish reversal pattern that can be used to trade a potential reversal in an uptrend. The pattern is easy to identify and there are a number of trading strategies that can be used with it. However, it is important to remember that no trading strategy is perfect and there is always the risk of loss.

image widget

Bearish Three Line Strike Candlestick Pattern kai hai

Bearish Three Line Strike Candlestick Pattern:

Bearish Three Line Strike ek bearish reversal candlestick pattern hai, jo market trend ke ulte hone ka signal deta hai. Yeh pattern typically uptrend ke baad aata hai aur bearish reversal ko suggest karta hai.

Key Characteristics of Bearish Three Line Strike:

1. Four Candle Pattern:
   • Bearish Three Line Strike ek chaar candlestick pattern hota hai.
2. Uptrend:
   • Yeh pattern ek uptrend ke baad aata hai, jab market mein buyers ka control weaken ho raha hota hai.
3. First Candle (Large Bullish):
   • Pehla candle ek large bullish candle hota hai, jo uptrend ko indicate karta hai.
4. Second Candle (Bearish):
   • Dusra candle ek smaller bearish candle hota hai, jo first candle ke upper side me open hota hai, lekin lower side me close hota hai.
5. Third, Fourth, and Fifth Candles:
   • Teesra, choutha, aur paanchva candles ek saath hote hain aur sabhi bearish hote hain. Inmein se kisi bhi candle ka close first candle ke close se neeche hota hai.

Interpretation of Bearish Three Line Strike:

• Uptrend Weakness:
  • Bearish Three Line Strike ka appearance uptrend ki kamzori ya trend reversal ko dikhata hai.
• Strong Bearish Reversal Signal:
  • Is pattern ka appearance ek strong bearish reversal signal hai. Jab teesra, choutha, aur paanchva candles pehle candle ke close se neeche close karte hain, toh yeh indicate karta hai ki sellers ne control ko pakad liya hai.
• Confirmation ke Liye Wait:
  • Traders ko confirmatory signals ke liye market ke next price action ka wait karna chahiye. Agar next few candles bhi bearish hain, toh Bearish Three Line Strike ka interpretation aur bhi strong hota hai.

Points to Remember:

• Bearish Three Line Strike ek powerful bearish reversal pattern hai, lekin traders ko always confirmatory signals aur market context ka dhyan rakhna chahiye.
• Is pattern ka istemal prudent risk management ke saath karna important hai, kyunki market me hamesha uncertainty hoti hai aur reversals ke sath-sath false signals bhi ho sakte hain.

### Evening Star Candlestick Pattern in Forex Trading
Forex trading mein candlestick patterns ka kirdar bohot ahem hota hai. In patterns ke zariye traders market ke possible reversal points ko identify kar sakte hain. In patterns mein se aik mashhoor pattern hai "Evening Star," jo ke market ke reversal points ko signal karta hai. Is post mein hum is pattern ko detail mein samjhenge aur yeh dekhenge ke kaise is pattern ko forex trading mein use kiya ja sakta hai.

Evening Star pattern teen candlesticks ka combination hota hai. Pehli candlestick ek long bullish (green) candle hoti hai jo strong upward trend ko show karti hai. Doosri candlestick ek small-bodied candle hoti hai, jo ke ek doji ya spinning top bhi ho sakti hai. Yeh candlestick market mein uncertainty aur hesitation ko show karti hai. Teesri candlestick ek long bearish (red) candle hoti hai jo ke pehli candlestick ke close ke niche close hoti hai.

Is pattern ka formation tab hota hai jab market ek strong uptrend mein hoti hai aur phir suddenly ek small-bodied candle ban jaati hai jo ke market ki direction ko change karne ki hints deti hai. Teesri candle ke formation se pehle ki uptrend ka momentum break ho jata hai aur bearish trend ka signal milta hai.

Evening Star pattern ko identify karte waqt kuch cheezon ka khayal rakhna zaroori hai:
1. **Volume**: Volume ko bhi check karna chahiye. Jab bearish candle banti hai to volume ka increase hona chahiye, jo ke trend reversal ka confirmation deta hai.
2. **Support/Resistance Levels**: Is pattern ka signal tab zyada reliable hota hai jab yeh key support ya resistance levels ke near form hota hai.

Trading strategy ke liye, agar aap Evening Star pattern ko identify kar lete hain to aap ek short position consider kar sakte hain. Lekin, hamesha stop loss set karna na bhoolen taake market ki unexpected moves se bachaa ja sake.

Yeh pattern forex trading mein ek valuable tool ho sakta hai agar aap isse sahi tarah se samjhein aur market conditions ke sath align karein. Apni trading strategies mein is pattern ko shamil karne se aap market trends ko better samajh sakenge aur informed decisions le sakenge.

Bearish Three Line Strike Candlestick Pattern


Bearish Three Line Strike candlestick pattern aik important technical analysis tool hai jo traders ko potential bearish trends detect karne mein madad deta hai. Yeh pattern typically ek strong downtrend ki nishani hota hai aur isse market ke reversal ki expectation hoti hai. Is article mein, hum is pattern ke baare mein tafseel se baat karenge aur isse trading mein kaise istemal kiya ja sakta hai, iski samajh gain karenge.
Pattern Ki Shakal


Bearish Three Line Strike pattern teen bearish candlesticks aur aik fourth candlestick se milkar banta hai. Yeh pattern aksar tab hota hai jab market mein pehle se hi ek strong uptrend chal raha ho.

1. Pehli Candlestick: Yeh candlestick usually aik long green (bullish) candlestick hoti hai jo market ke strong uptrend ko dikhati hai.
2. Doosri Aur Teesri Candlestick: Yeh dono candlesticks bhi bearish hoti hain aur market ke downtrend ko dikhati hain. Inki size aur shape vary kar sakti hai, magar inka trend overall downward hota hai.
3. Chhathi Candlestick: Yeh last candlestick aik long red (bearish) candlestick hoti hai jo pehli teen candlesticks ke closing price ko engulf karti hai. Yeh candlestick pattern ke completion ki confirmation hoti hai.

Pattern Ka Analysis


Bearish Three Line Strike pattern ka major signal hota hai ke market mein bearish trend ki shiddat barh rahi hai. Jab yeh pattern complete hota hai, toh iska matlab hai ke buyers ki momentum kam ho gaya hai aur sellers ki dominance barh gayi hai. Is pattern ka use trading signals generate karne ke liye kiya jata hai.
Trading Strategies


Bearish Three Line Strike pattern ka use karke trading strategies banate waqt kuch cheezon ka khayal rakhna zaroori hai:

1. Confirmation: Pattern ki confirmation ke liye, aapko fourth candlestick ka close dekhna hoga. Agar yeh candlestick pehle teen candlesticks ki closing price ko engulf karti hai aur ek strong downtrend dikhati hai, toh yeh pattern zyada reliable hota hai.
2. Entry Point: Bearish Three Line Strike pattern ke complete hone ke baad, traders short position lene ka soch sakte hain. Entry point usually fourth candlestick ke closing ke baad decide kiya jata hai.
3. Stop Loss: Trading strategies mein risk management bahut zaroori hai. Aapko apne stop loss ko set karna hoga jo pattern ke upper resistance level ke aas-paas ho sakta hai, taake agar market pattern ke against move kare, toh aapka loss limited ho.
4. Profit Target: Profit taking ke liye, aapko support levels ko monitor karna chahiye. Jab market bearish trend ki taraf move kar rahi hoti hai, toh support levels pe price ke bounce hone ka bhi possibility hota hai.

Conclusion


Bearish Three Line Strike candlestick pattern aik powerful tool hai jo traders ko market ke bearish reversal points identify karne mein madad karta hai. Is pattern ko effectively use karne ke liye, aapko pattern ki confirmation aur proper risk management strategies ka use karna chahiye. Trading decisions lene se pehle thorough analysis aur practice karna zaroori hai taake aap is pattern ka maximum benefit utha sakein.