idiscussion about ""trading with shooting star candkestick"" in forex trading...

Assalamu Alaikum! Dear friends, umeed ha k ap sab kheriat sa hon ga.

Importance of ""Candlestick Pattern"" in forex trading:

Forex trading man trader currency pairs aur commodities ki price movement 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 forex trading man currency pairs aur commodities k price chart man price ki movement ko track kerna k liye use hona wala most important technical tool ha. Forex trading man trader kisi b currency pair ya commodity ko buy/sell kerna k liye candlestick pattern per depend kerta ha. Aj man apka sath ""Shooting Star Candlestick Pattern"" per apna knowledge share kerta hon.

Shooting Star Candlestick:

Shooting Star Candlestick ak small real body ki bullish/bearish candle hoti ha jiska upper wick long aur real body k double sa zyada lengthi hona chaheye aur iska lower wick smaller ya zero wick hota ha. Ye candle currency pairs aur commodities k price chart man long bullish trend k top per resistance level per banti ha. Ye candle buyers aur sellers k dermiyan long bullush trend k bad indecission ko batati ha jo market k bullish trend k reversal ka signal deti ha.

Shooting Star Candlestick Pattern:

Shooting Star Candlestick Pattern ak bullish trend reversal candlestick pattern ha jo price chart man resistancw level oer commonly banna wala pattern ha.

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

Shooting Star Candlestick Pattern price k bulkish trend ko bearish trend man chabge kerta ha is liye is pattern ko bearish trend reversal pattern b kehta han. Ye pattern two candles per moshtamil hota ha.

1. Is pattern man first candles ""shooting star candlestick"" banti ha.

2. Is pattern man second candle ka bearish man close hona is pattern k complete hona ki confirmation deti ha.

Trading with ""Shooting Star Candlestick Pattern"":

Shooting Star Candlestick Pattern per trading k liye zarori ha k trader ia pattern k complete hona ka wait kara. Jab ye pattern complete ho jae to new candle pwe trader ko ""Sell ki trade"" active kerni chaheye.

Stoploss and Take Profit:

Shooting Star Candlestick Pattern per trading k doran trader ko stoploss ko shooting star candlestick k high per place kerna chaheye aur Take Profit ko next support levels per tp1, tp2 aur tp3 ker k place karen.
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Re: IDiscussion about ""Trading with Shooting Star Candkestick"" in forex trading...

Shooting Star Candlestick

Jab bhi aik candle ki closing position us k opening position k ausat se ziada ho, to ye candle stick shooting star candlestick kehlati hai. Shooting star candle k uper banne wala saya candle ki body ka taqreeban double hota hai, yani candle ki real body choti jab k saya kafi bara hota hai. Shooting star candle stick ka shumar Umbrella candlestick me ata hai, agar ye candle market k top pe yani ziada qeematon wale area me ban jaye to ye shooting star candlestick kehlati hai, lekin agar ye candle low price area ya downtrend me ban jati hai to ye inverted hammer candle ban jati hai. Shooting star candle ko trend reversal ya downtrend k leye istemal hoti hai, q k ye market me up-trend pe banti hai.

Shooting Star Candlestick k Aham points

1. Shooting Star Candlestick bullish trend k bad banti hai, lekin ye zarori nahi hai k shooting star se pehel wali candle white hi ho, lekin ye candle ziada qeematon wale area me banni chaheye
2. Candle ki real body se shadow ya wick size me double hona chahey
3. Shadow candle k upside pe banna chaheye
4. Candle k down side pe koi shdaw ya to hona nahi chaheye, lekin agar banta bhi hai to wo real body se size me bohut kam hona chaheye
5. Shooting star candlestick white aur black dono color me ho sakti hai lekin is ki position aham hai k ye market k top side pe banni chaheye

Shooting Star ka Trading me Istemal

Shooting star candlestick aik trend reversal candle hai, aur ye ziada tar bullish trend k bad banti hai, is waja se ye candle aik bearish trend k tawar pe dekhi jati hai. Candle stick white aur black dono color me ho sakti hai lekin is ki market me position yani jis area me ye banti hai wo bohut aham hai. Shooting star candle agar bullish trend k bad banti hai to is k leye canfle k bad banne wali candle ka color bohut zaror hai. Trend confirmation k leye black candle ka hona zarori hai, jis pe traders sell se market me apni position open kar sakte hen. Lekin white candle banne pe candle ki value khatam ho jaye gi aur humen us sorat me market me entry nahi karni chaheye.