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 le raha hon ga. Dear forex man 90% traders loss kerta han q k Forex trading ak risky business ha. Is man ager trader forex ko acha sa seekh ker ""Money and Risk Management"" ko follow ker k karen ga to forex man losses sa bach sakta han.
Importance of Candlestick Patterns in forex trading:
Forex market man trader jab kisi currency pair ya commodity ko buy/sell kerta ha to iska liye trader pehla currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read kerta ha, q k price chart he patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlestick Patterns forex market man kisi b currency pair ya commodity k price chart man price ki movement ko track kerna k liye use hona wala most important technical tool smajha jata ha. Aj man apka sath ""Hook Reversal Candlestick Pattern"" per trading k related apna knowledge share kerta hun.
Bullish Hook Reversal Candlestick Pattern:
Hook Reversal Candlestick Pattern ak bearish trend reversal candlestick pattern ha, jo forex market man currency pairs aur commodities k price chart man long bearish trend k bottom per support level k qareeb banta ha. Is pattern man candles ki shape ""Hook"" ki terha ki banti ba is liye is pattern ka name b ""Hook Reversal Candlestick Pattern"" rukha gya ha.
Identification of Bullish Hook Reversal Candlestick Pattern in Price Chart:
Bullish Hook Reversal Candlestick Pattern price k bearish trend ko bullish trend man change ker deta ha is liye is pattern ko bullish candlestick pattern b kehta han. Is pattern man three candles banti han.
1. Is pattern man first candle Day-1 ki long real body ki bearish candle banti ha, jo market per sellers k strong pressure ko represent kerti ha.
2. Is pattern man second candle Day-2 ki normal real body ki bullish candle banti ha, jo first candle ki real body k ander open aur close deti ha.
3. Is pattern man third candle Day-3 ki long real body ki bullish candle banti ha jiska first candle k open k level ko break kerna is pattern k complete hona k liye bhot zarori ha. Ager third candle first candle k open sa oper closing de da to ye pattern complete ho jata ha.
Invalidation of Hook Reversal Candlestick Pattern:
Hook Reversal Candlestick Pattern man ager second candle ki real body ka size first candle ki real body k size k 25% tak ha to ye pattern invalid hoga ya pher third candle ager first candle k open k level ko break nahe kerti to tab b ye pattern invalid hoga.
Trading with Bullish Hook Reversal Candlestick Pattern:
Bullish Hook Reversal Candlestick Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara. Jab ye pattern complete ho jae to trader ko new candle k open per ""buy ki trade"" active kerni chaheye.
Stoploss and Take Profit:
Bullish Hook Reversal Candlestick Pattern per trading k doran trader ko stoploss ko first candle ki low sa 6 pips nicha place kerna chaheye aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
Hook Reversal Candlestick Pattern aur Relative Strength Index Indicator:
Hook Reversal Candlestick Pattern per trading k doran right time per right level sa entry aur exit hona k liye zarori ha k trader is k sath kisi technical Indicator (RSI Indicator) ko lazmi use kara. Jab ye pattern form ho raha ho to us waqt RSI 30 k level k nicha honi chaheye aur jab ye pattern complete ho jae tab RSI 30 k level ko cross above ker rahe honi chaheye.
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Importance of Candlestick Patterns in forex trading:
Forex market man trader jab kisi currency pair ya commodity ko buy/sell kerta ha to iska liye trader pehla currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read kerta ha, q k price chart he patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlestick Patterns forex market man kisi b currency pair ya commodity k price chart man price ki movement ko track kerna k liye use hona wala most important technical tool smajha jata ha. Aj man apka sath ""Hook Reversal Candlestick Pattern"" per trading k related apna knowledge share kerta hun.
Bullish Hook Reversal Candlestick Pattern:
Hook Reversal Candlestick Pattern ak bearish trend reversal candlestick pattern ha, jo forex market man currency pairs aur commodities k price chart man long bearish trend k bottom per support level k qareeb banta ha. Is pattern man candles ki shape ""Hook"" ki terha ki banti ba is liye is pattern ka name b ""Hook Reversal Candlestick Pattern"" rukha gya ha.
Identification of Bullish Hook Reversal Candlestick Pattern in Price Chart:
Bullish Hook Reversal Candlestick Pattern price k bearish trend ko bullish trend man change ker deta ha is liye is pattern ko bullish candlestick pattern b kehta han. Is pattern man three candles banti han.
1. Is pattern man first candle Day-1 ki long real body ki bearish candle banti ha, jo market per sellers k strong pressure ko represent kerti ha.
2. Is pattern man second candle Day-2 ki normal real body ki bullish candle banti ha, jo first candle ki real body k ander open aur close deti ha.
3. Is pattern man third candle Day-3 ki long real body ki bullish candle banti ha jiska first candle k open k level ko break kerna is pattern k complete hona k liye bhot zarori ha. Ager third candle first candle k open sa oper closing de da to ye pattern complete ho jata ha.
Invalidation of Hook Reversal Candlestick Pattern:
Hook Reversal Candlestick Pattern man ager second candle ki real body ka size first candle ki real body k size k 25% tak ha to ye pattern invalid hoga ya pher third candle ager first candle k open k level ko break nahe kerti to tab b ye pattern invalid hoga.
Trading with Bullish Hook Reversal Candlestick Pattern:
Bullish Hook Reversal Candlestick Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara. Jab ye pattern complete ho jae to trader ko new candle k open per ""buy ki trade"" active kerni chaheye.
Stoploss and Take Profit:
Bullish Hook Reversal Candlestick Pattern per trading k doran trader ko stoploss ko first candle ki low sa 6 pips nicha place kerna chaheye aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
Hook Reversal Candlestick Pattern aur Relative Strength Index Indicator:
Hook Reversal Candlestick Pattern per trading k doran right time per right level sa entry aur exit hona k liye zarori ha k trader is k sath kisi technical Indicator (RSI Indicator) ko lazmi use kara. Jab ye pattern form ho raha ho to us waqt RSI 30 k level k nicha honi chaheye aur jab ye pattern complete ho jae tab RSI 30 k level ko cross above ker rahe honi chaheye.
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