Importance of *Shooting Star Candlestick Pattern* in forex trading.

Importance of *Shooting Star Candlestick Pattern* in forex trading:
Dear forex members umeed krta hon k ap kheriyat sy hongy. Dear members forex trading chart mai jb hum market prices ka technical analysis complete krty hen. To is mai hamen different types ki important candlestick pattern milty hen. Jin ko study krty huwy hum market chart mai apni trade ka entry or close point lety hen.

Shooting Star Candlestick Pattern :
Dear forex members forex trading mai market jahan sy shuru hoti hai. To wahan sy ak long move k bad market osi position pr wapis aa kr apna close deti hai. Isi point pr shooting star candlestick pattern banta hai. Shooting star candlestick pattern ak bullish trend reversal candlestick pattern hota hai. Ye pattern bullish trend k top pr resistance level pr banta hai. Ye bearish trend k start hony ka signal deti hai. Or ye hamen inverted hammer k against indicate krta hai. Ye pattern chart k resistance level pr banta hai. Is pattern k banny k bad market prices bohot tezi sy down fall krti hen.


How to Identify Shooting Star Candlestick Pattern :

Dear forex members forex trading mai shooting star candlestick pattern ak bohot important candlestick pattern hota hai. Ye ak bearish reversal candlestick pattern hota hai. Is candlestick ki upper wick upper wick long hoti hai. Jo k is ki body k size sy two or three times big hoti hai. Ye ak real body ki choti si candle hoti hai. Jo k green ya red color ki hoti hai. Is candlestick ki down wick bohot choti hoti hai. Ye candlestick market mai up trend k end or down trend k shuru hony ko identify krti hai. Ye candlestick pattern bullish or bearish dono ho sakta hai. Lakin agr bearish ho to zyada useful hota hai. Is candlestick k banny k bad market down word jati hai.
Is pattern ko identify in follownng baton sy keya ja sakta hai.
1). Long upper shadow candlestick.
2). No color effect.
3). Gap open required.
4). Volume is very important.


Decision Making Process :

Dear forex members shooting star candlestick pattern ki complete identification k bad hamara agla process decision making ka hota hai. Jis mai hum ye decide krty hen. K kb or kahan trade ki entry or closing krni chaheye.
Agr ye candlestick hamen market mai resistance level pr mily to hamen apni sell ki trade ki entry leni chaheye. Or agr ye candle market chart mai hamen support level pr mily to hamen apni buy ki trade ki entry leni chaheye.


Trading with Shooting Star Candlestick Pattern :


Dear forex members shooting star candlestick pattern market chart mai prices k down fall hony pr dekha ja sakta hai. Is pattern sy next candle Gap down open ho or is ka volume shooting star candlestick k volume sy bara ho. To is sy hamen shooting star candlestick ki confirmation mil jati hai. Jb market prices shooting star candlestick sy pehli wali candle k bottom pr aa jye to hamen apni sell ki trade ki entry leni chaheye. Or apna stop loss shooting candlestick k top pr resistance level pr place krna chaheye. Or take profit ko support level k bottom pr rakhna chaheye.




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Re: Importance of *Shooting Star Candlestick Pattern* in forex trading.

Shooting Star Candlestick Pattern:

Definition :
Dear forex members forex trading mai market jahan sy start hoti hai. To wahan sy ak long move k bad market osi position pr wapis aa k close ho jati hai or yahen pr shooting star candlestick pattern banta hai

Explanation:
Dear forex members hum market prices ko study krty huwy market ka technical analysis krty hen market chart mai bohot sari candles hoti hen

Shooting star candlestick pattern ak bullish trend reversal pattern hota hai Jo k ak long bullish trend k top pr resistance level k oper banta hai or ye bearish trend k start hony ka signal deti hai Is pattern ki confirmation k bad market prices bohot tezi sy down fall krti hen ye candlestick pattern different time frames mai milta hai

Ye pattern hamen inverted hammer k against indicate krta hai Jb ye chart k top area mai banny to is ki importance or zyada ho jati hai Jb ye pattern chart k top or banny or or next candle ki opening or movement bearish ho to yahe sy ye candlestick pattern hamen sell ki trade ki entry ki confirmation deta hai is candle ka jo bi high level ho os sy oper is ka stop loss rakhna chaheye

How to Identify Shooting Star Candlestick Pattern :
Dear forex mambers shooting star candlestick pattern ak reversal bearish pattern hota hai ye pattern bullish or bearish dono ho sakta hai agr ye pattern bearish banny to ak strong down trend banny k chances bohot zyada hoty hen ye pattern bullish trend ko bearish trend mai convert kr deta hai Is leye is ko bearish trend bi kehty hen ye two candles sy mil kr banta hai

Is pattern ki pehli candle shooting star candle banti hai ye ak small body ki bearish/bullish candle hoti hai Jis ki oper wali wick lambi or down wick choti hoti hai Ye candle hamen long bullish trend k bad buyer's or seller's k bech indecision banany mai hamen help krti haiIs pattern ki dosri candle normal real body ki bearish candle banna bohot important hota hai ye ak conformation candle hoti hai or ye shooting star candlestick pattern banny k bad bearish trend k start hony ko confirm krti hai

Trading with Shooting Star Candlestick Pattern :
Dear forex members shooting star candlestick pattern forex trading ka bohot important pattern hota hai

i) Shooting star candlestick pattern pr hum apni sell ki trade laga sakty henii) Shooting star candlestick pattern hamesha bullish trend k top pr banta haiiii) Shooting star candlestick pattern ak bearish reversal pattern hai

Re: Importance of *Shooting Star Candlestick Pattern* in forex trading.

Assalamu Alaikum! Dear seniers and juniers, umeed ha k ap sab kheriat sa hon ga aur forex market sa daily basis per ak acha gain hasil ker raha hon ga. Dear traders forex trading ak risky business ha is man traders ko bhot losses hota han isliye forex ko acha sa seekh ker karen.

Importance of Candlestick Patterns in forex trading:

Forex trading k doran 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 movements 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 han. Aj man apka sath ""Shooting Star Candlestick Pattern"" per apna knowledge share kerta hon.

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. Ye pattern tamam timeframes man banta ha. Is pattern ki complete formation k bad price tazi sa fall kerti ha. Is pattern man first candle small real body ki bullish/bearish candle banti ha jiska upper wick long aur lower wick smaller ya zero hoti ha aur iska upper wick is candle ki real body k double sa zayada length ka hona zarori hota ha. Is candle ko ""Shooting Star Candlestick"" kehta han, is liye is pattern ko ""Shooting Star Candlestick Pattern"" kehta han.

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. Ye pattern two candles per moshtamil hota ha.

1. Is pattern man first candle Day-1 ki small real body ki bullish/bearish candle banti ha jiska upper wick long hota aur lower wick smaller ya zero hota ha. 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 banti ha, jo first candle k close k sath ""Gap-down"" k sath open hoti ha. Ye candle sellers k strong pressure ko represent kerti ha.



Trading with ""Shooting Star Candlestick Pattern"":

Shooting Star Candlestick Pattern per trading kerna k liye trader ko is pattern k complete hona ka wait kerna chaheye. Aur jab ye pattern complete ho jae to new candle k open per trader ko ""Sell ki Trade"" active kerni chaheye.

Stoploss and Take Profit:

Forex trading man koi b trader 100% market ko predict nahe ker sakta ha is liye trader ko hamasha market price ki reverse movement ko mind man rukhta howa Stoploss aur Take Profit ka use kerna chaheye. Shooting Star Candlestick Pattern per trading k doran Stoploss ko Shooting Star Candlestick k high 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 k sath Relative Strength Index (RSI) Indicator ko use ker k mazeed secure trading ki ja sakti ha. Is pattern ki formation k doran RSI overbought area man hona chaheye aur jab trader trade entry le to us waqt RSI 70 k level ko cross down ker rahe ho.
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