shooting star candlestick patter in fore x trading market

what is shooting star candlesticks pattern
AOA ,
Dear friends ap sb friend theak hon hy Allah pak sy umeed hy aj hum post ke through ap sy share karin gy shooting star candles ky naty mein k ye kia hote hn or in sy trade karne chahy
Trading market main jahan sy market price ya candle stared hote hy or phere wahan sy ak lambe move banate hy or or es long move k bd wapice ese position pet aa kar closed hojate hy
Or yahan pet shooting star candle bante hy is ko fore x trading main shooting star candlestick pattern kahty hn



Types of shooting star candles pattern
1# bullish shooting star candle
2# bearish shooting star candle


For example bullish shooting star pic bearish shooting star pic
Jb hum technical analysis karty hn to hum market ke price ko study karty hn t hum dekhty hn ke market chart main boht c candle hn shooting candle pattern ak bullish trend reversal pattern hota hy
Hota hy jo ky ak long bullish trend ky top per resistance level pet aa kar bante hy


Ye ak signal hota hy k ab bearish trend shuru hony wala hy es pattern signal k bd price boht jalde sy neach gher jate hn es ko jum ( downfall ) bhe ka skty hn es ko hum different time mein dekh skt hn
Ye candle pattern hum ko hammer candle pattern k against indicatex" karta hy jb ye chart top jhaga bany to es ke importance or zada ho jate hy jb chart mein ye pattern chart k top per nazar ay to or next candle
Ke opening or movement bearish nazar ay to yahan sy ye candle pattern hum ko sell ke ly confirm karta hy es candle ka jo b hi
identify shooting star candlesticks pattern in trading chart
Shooting star candle pattern ak reversal bearish pattern hota by ye pattern bullish or bearish dono ho skta hy agar ye pattern bearish banny to al strong down trend ky boht zada chance hota hy ye pattern bullish
Trend ko bearish trend mein convert karta hy es ly es ko bearish trend ky star honyg

Trading with shooting candlestick pattern


Shooting star candlesticks pattern fore x trading market ka boht important pattern hy
1# shooting star candle pattern per hum apne sell ki trade open kar skty hn
2# shooting star candle always bullish trend ky top per banta hy
3# shooting star candlestick pattern ak bearish reversal hota hy
4# ye shooting star candle pattern always bearish ya bullish high top lower top per he banta

Re: Shooting star candlestick patter in fore x trading market

Assalamu Alaikum! Dear seniers and juniers, umeed ha k ap sab kheriat sa hon ga aur forex sa ak acha gain le raha hon ga.

Importance of Candlestick Patterns in forex trading:

Forex trading man trader currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read kerta ha, q k price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlestick Patterns currency pairs aur commodities k price chart man price ki movement ko track kerna k liye use hona wala most important technical tool ha. Traders forex trading man kisi b currency pair ya commodity ko buy/sell kerna k liye candlestick patterns per depend kerta ha.

Shooting Star Candlestick Pattern:

Shooting Star Candlestick Pattern ak bullish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man long bullish trend k top per resistance level k qareeb banta ha. Is pattern k bad price bhot tazi sa fall kerti ha. Ye pattern tamam timeframes man banta ha.

Identification of ""Shooting Star Candlestick Pattern"" in Price Chart:

Shooting Star Candlestick Pattern price k bullish trend ko bearish trend man change ker deta ha is liye is pattern ko bearish candlestick pattern b kehta han. Shooting Star Candlestick Pattern two candles per moshtamil hota ha.

1. Is pattern man first candle Day-1 ki small real body ki bullish/bearsish candle banti ha jiska upper wick long hota ha aur lower wick smaller ya zero hoti han. Upper long wick real body k double sa zayada length ka hona chaheye. Is candle ko ""Shooting Star Candlestick'"" kehta han. Ye candle buyers aur sellers k dermiyan indecision ko batati ha.

2. Is pattern man second candle Day-2 ki long real body ki bearish candle banni bhot zarori ha, q ye candle is pattern k complete hona ki confirmation kerti ha.

Trading with ""Shooting Star Candlestick Pattern"":

Shooting Star Candlestick Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara aur jab ye pattern complete ho jae to new candle k open per '"sell ki trade"" active kerni chaheye.

Stoploss and Take Profit:

Shooting Star Candlestick Pattern per trading k liye trader ko Stoploss ko Shooting Star Candlestick k top per place kerna chaheye aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.

Shooting Star Candlestick Pattern ko Relative Strength Index (RSI) indicator k sath use kiya jae to zayada accuracy k sath trading ki ja sakti ha. Is pattern ki formation k doran RSI overbought area man honi chaheye aur jab trader trade entry le us waqt RSI 70 k level ko cross down kar rahe ho.