Pipe top and pipe bottom candlestick pattern
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    Pipe top and pipe bottom candlestick pattern
    Assalam alaikum dear members!
    umeed ha aap sb khair khairiat se hn gy or apki trading bahut achi jaa rahi ho ge.
    dear members candlesticks ka trading main bahut important role ha es lye inko smjhna lazmi ha.
    or aj ki post maij hum important candle stick pattern ko study karen gy jo pipe top or pipe bottom pattern ha.

    What is Pipe Top pattern?

    Dear member ye aik bearish reversal pattern ha or ye bullish trend k end main banta ha es k bad market main trend reverse hota ha or market bearish jati ha.
    es lye es pattern main hamen achi sell ki entry mil jati ha.

    How it is formed?

    Dear members es pattern main aik bullish candle estrha close hoti ha k us k opr shadow ni hota ya phr mamoli sa shadow hota ha or opr complete body hoti ha jb k es k bad aik bearish candle banti ha or ye candle bullish candle ki 70% body k equal hoti ha es bearish candle k opar bhi koe shadow n hota ya ohr mamooli shadow hota ha.
    es trha aik bearish or aik bullish candle mil k top bnati hain jsko pipe top kaha jata ha.


    Click image for larger version

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Views:	2
Size:	47.8 کلوبائٹ
ID:	12495347



    How to trade it?

    Dear members es pattern main 2nd bearish candle k close hony k bad hum sell ki trade le skty hain or es main hmara stop loss pipe top k opr hota ha jb k profit target next support hoti ha.



    What is Pipe Bottom Pattern?

    dear member ye aik bullish reversal pattern ha or ye bearish trend k end main banta ha. Es main phly aik beaus candle estraha ki close hoti ha k us k nechy shadow ya to blkul n hota ya bht mamoli hota ha or es k bad next candle bullish banti ha or es k nechy bhi shadow na hony k brabr hota ha.
    es trha 2 bearish or bullis candles ml k bottom bnati hain jsko pipe bottom kaha jata ha.


    Click image for larger version

Name:	151D4DE7-5B56-494B-9F1A-8D22CC1EFC43.png
Views:	2
Size:	87.5 کلوبائٹ
ID:	12495350



    How to trade it?

    Dear members 2nd bearish candle k close hony k bad es main hum buy ki trade lety hain or hmara stop loss pipe bottom sw nechy hota ha jb k profit target next resistance tk hota ha.




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  • #2 Collapse

    Re: Pipe top and pipe bottom candlestick pattern

    Chart Patterns:
    Pipe Tops And Pipe Bottoms:
    In earlier posts I have written about chart pattern; the posts are

    Chart Pattern: Double Top and Double Bottom
    Chart Pattern: The Triangle Pattern
    Chart Pattern: Diamond Bottom and Top Chart Pattern
    Trading the Crown or trading head and shoulders

    In this post is the pipe top and pipe bottom illustrated. It is a pattern that gives the traders an indication of in which direction the price is moving in.

    Pipe top
    The pip top pattern is a pattern that ends in a top and then starts to fall; the image illustrates a bullish trend; the pattern ends with two candlesticks; when the lowest of the two lows ends the price is expected to fall.



    Pipe bottom
    The pip bottom pattern is a pattern that ends in a bottom and then starts to rise; the image illustrates a bearish trend; the pattern ends with two candlesticks; when the highest of the two highs ends the price is expected to rise.

    Note
    In the post is the term bullish and bearish used; a bullish market is when the price is rising and a bearish market is when a price is falling.

    In the post is also the term candlestick used; more information about what a candlestick is in the article.
    Last edited by ; 13-01-2022, 11:56 PM.

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