Assalamu Alaikum! Dear seniers and juniers traders, umeed ha k ap sab kheriat sa hon ga. Aur forex trading 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 common technical tool ha. Trader forex trading man kisi b currency pair ya commodity ko buy/sell kerna k liye candlestick patterns per depend kerta ha. Aj man apka sath ""Shooting Star Candlestick Pattern"" per apna knowledge share kerta hun.
Shooting Star Candlestick:
Shooting Star Candlestick ak small real body ki bullish/bearish candle hoti ha jiska upper wick long hota ha aur lower wick smaller ya zero hoti ha. Ye candle buyers aur sellers k dermiyan indecision ko batati ha. Ye candle currency pairs aur commodities k price chart man long bullish trend k top per banti 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 complete hona k bad price bhot tazi k sath fall kerti ha. Is pattern man first candle ""Shooting Star Candlestick"" banti ha 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 kerta ha is liye isko ""Bearish Candlestick Pattern"" b kehta han. Ye pattern two candles per moshtamil hota ha.
1. Is pattern man first candle Day-1 ki ""Shooting Star Candlestick"" banti ha, jo long bullish trend k bad buyers aur sellers k dermiyan indecision ko batati ha aur price man mazeed oper jana stop ker deti ha.
2. Is pattern man second candle Day-2 ki long real body ki bearish candle banti ha, jo first candle ki real body k sath gap-down k sath open hoti ha. Ye candle sellers ki market man strong entry ko show kerti ha aur is ka bad price long bearish trend man fall kerti han.
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. Jab ye pattern complete ho jae to trader ko chaheye k new candle k open per ""sell ki trade"" active kara. Aur trade k doran account balance ko secure rukhna k liye trader ko chaheye k her trade k sath Stoploss aur Take Profit ka use kara. Shooting Star Candlestick Pattern per trading k doran trader ko Stoploss Shooting Star Candlestick k high k oper place kara aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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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 common technical tool ha. Trader forex trading man kisi b currency pair ya commodity ko buy/sell kerna k liye candlestick patterns per depend kerta ha. Aj man apka sath ""Shooting Star Candlestick Pattern"" per apna knowledge share kerta hun.
Shooting Star Candlestick:
Shooting Star Candlestick ak small real body ki bullish/bearish candle hoti ha jiska upper wick long hota ha aur lower wick smaller ya zero hoti ha. Ye candle buyers aur sellers k dermiyan indecision ko batati ha. Ye candle currency pairs aur commodities k price chart man long bullish trend k top per banti 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 complete hona k bad price bhot tazi k sath fall kerti ha. Is pattern man first candle ""Shooting Star Candlestick"" banti ha 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 kerta ha is liye isko ""Bearish Candlestick Pattern"" b kehta han. Ye pattern two candles per moshtamil hota ha.
1. Is pattern man first candle Day-1 ki ""Shooting Star Candlestick"" banti ha, jo long bullish trend k bad buyers aur sellers k dermiyan indecision ko batati ha aur price man mazeed oper jana stop ker deti ha.
2. Is pattern man second candle Day-2 ki long real body ki bearish candle banti ha, jo first candle ki real body k sath gap-down k sath open hoti ha. Ye candle sellers ki market man strong entry ko show kerti ha aur is ka bad price long bearish trend man fall kerti han.
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. Jab ye pattern complete ho jae to trader ko chaheye k new candle k open per ""sell ki trade"" active kara. Aur trade k doran account balance ko secure rukhna k liye trader ko chaheye k her trade k sath Stoploss aur Take Profit ka use kara. Shooting Star Candlestick Pattern per trading k doran trader ko Stoploss Shooting Star Candlestick k high k oper place kara aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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