importance of "neckline"in forex trading.

INTRODUCTION:

Aoa dear forex members umeed krta hu k ap sb kheriyat sy hu gy or forex sy daily k basis par acha profit earn kr rahy hu gy. Dear forex members forex trading aik risky business ha jis ma hamen profit k sath sath loss b hota hai.Dear forex members hamen chahye k hum achy sy trading k bary ma knowledge or experience hasil krn ta k zyda loss sy bach saken. Forex market ma bht sary patterns use hoty hain jn ki help sy hum successful trading kr sakty hain. Aj ma ap sy Neckline k bary ma apna knowledge share krn ga.


NECKLINE:


Dear forex members sb sy phly ma apko Neckline k bary ma btana chahon ga.Neckline basically head snd shoulders pattern ma support or Resistance level hota hai. Is level k breakout pa hum trade ly sakty hain.


IDENTIFICATION OF NECKLINE :


Dear forex members neckline ko identify krna bht important hota hai.Dear members agr ap neckline ko identify krna chahty hain to ap in ko two catagries ma bant sakty hain. Or iski identification kr sakty hain.Is ki explanation k lye kuch patterns hain jo share krn gi. Jo hamhri perfect trading or successful hony k lye faida mand hoti hai.





NECKLINE IN CHART:

Dear forex members jb hum chart ma neckline ko dekhty hain or jb hum forex trading market ma head and shoulder and inverted head and shoulder Candlestcick pattern Ko study kr k isy shoulder ko head k proper recognize kr laty hain. To us time par hamen Shoulder k down side par aik strong support mil rahi hoti hai.Is level ko hum Neckline kehty hain.Ye neckline bht important hoti hai.





HEAD AND SHOULDER:

Dear forex members head and shoulder pattern or inverted head and shoulder pattern ma hum neckline ko dekh sakty hain.Dear forex members agr hum forex market ma head and shoulder pattern ko study krty hain to is ma hamen donu shoulders ki above side par aik he resistance milti hai. Jisy hum neckline kehty hain. Isko achy sy seekhna hamen bht profit dy sakta hai.Basically ye b aik strong pattern hota hai.jo k ye indicate krta ha k kis time kn c trade lgani hai.




^{DETAIL OF NECKLINE:}

Dear forex members neckline b aik pattern ha .jo k head and shoulder support or resistance ko identify krta hai. Head and shoulder chart ma hum neckline ko easily recognize kr sakty hain. Or hamen trade ki b achi entry mil sakti hai.



ANALYSIS CHART:

_{Dear forex members NNeckline ko hum different charts ma identify kr sakty hain. Jb hum inverted head and shoulder ko chart ma difine krna chahty hain to hum easily neckline ko identify kr sakty hain.}


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Re: Importance of &quot;Neckline&quot;in Forex Trading.

Neckline Bullish Candlestick Pattern

Neckline ya On-neck bullish candlestick pattern aik trend continuation pattern hai, jo k yaa to market k bearish trend k baad ya low price area me banta hai, lekin agar ye market k sideways trend me ban jaye to ye is k successful hone k chances ziada hote hen. Wese is pattern k kamyab hone k chances 33.8% hai. Ye pattern do candles par mushtamil hota hai, jis me 1st candle aik bari real white candle hoti hai, jo k sabeqa trend k tasalsul ki tarjumani karti hai. Pattern ki dosri candle aik small real body wali black candle hoti hai, jo k open to 1st candle se above gap me hoti hai, lekin close 1st candle k close point pe hai. Yani 1st aur 2nd candles ki closing price same hoti hai. On-Neck pattern ko Neckline pattern bhi kaha jata hai.

Pattern k Pehchan k Rules

1. Neckline bullish pattern k leye zarori hai k qeematen pehle se bullish trend ya high price area me ho.
2. Pattern do candles par mushtamil hota hai, jis me 1st candle aik lambi bullish ya white candle hoti hai.
3. Pattern ki 2nd candle aik small bearish ya black candle hoti hai.
4. Pattern ki 2nd candle open to 1st candle k above se gap me hoti hai, lekin close 1st candle k close point pe hoti hai.

Pattern ki Tafseel

Neckline bullish pattern do candles par mushtamil aik trend continuation pattern hai, jis k kamyabi k chances 33.8% hai. Pattern me 1st candle aik bari real body wali white candle hoti hai, jo sabeqa trend ki turjumani karti hai, jis k baad banne wali 2nd candle aik small real body wali black candle hoti hai, jis ka open position to 1st candle k above gap me hota hai, lekin close point same 1st candle k close point pe hota hai. Pattern ko Neckline pattern bhi kaha jata hai, q k 1st candle aur 2nd candle k closing point same hen.

Pattern pe Trading

Neckline bullish pattern pe trading se pehle pattern k baad 3rd candle ki confirmation ka hona zarori hai, q k aik to pattern k kamyabi k chances 33.8% hen aur dosra confirmation se pehle pattern neutral tasawar hota hai. Agar pattern ki confirmation candle 2nd black candle k above close hoti hai, to ye area market me buy ki entry ka point hoga. Stop loss 1st white candle k lower side pe ya open position pe set hoga.