Hammer Candlestick Pattern

Assalamu Alaikum Dosto!

Hammer Candlestick Pattern

Hammer Candlestick ek single candle pattern hai, jo umomman downtrend k baad bannta hai, jis se prices apne trend ko bullish reversal main tabdeel kartti hai. Hammer candle aik small bullish real body aur downside par aik long shadow k sath hotti hai. Ziadda tar hammer candles main dekha gayya hai, k candle ka shadow us k real body k size ka duggna hotta hai. Hammer candle k banne ki psychology kuch is tarah se hotti hai, k aghazz me prices bullish trend k hisab se lower pe jati hai, lekin buyers k pressure ki waja se ye bullish candle ki shap main close ho jatti hai.

Candle Formation

Hammer Candle ki small bullish real body aur aik long downward shadow hptti hai. Shadow candle ki real body ka taqreeban duggna ya us se ziadda hotti hai. Hammer candle ka color ya bullish type hona zarorri hai, q k red ya black candle hanging man candle main badal jatti hai, aur is se candle k sare hososeyyat bhi tabdeel ho jatte hen.

Explaination

Hammer candle downtrend main banne par bullish trend reversal ka kaam kartti hai. Ye candle small bullish body aur long lower shadow ki waja se prices ko mazzeed downward janne se roktti hai. Hammer candle aghaz main normal bearish trend ko hi follow kartte howe downside par bearish real bannatti hai, lekin market me bullish pressure ya buyers ki dilchaspi ki waja se prices upward chalna shoro kartti hai, jis se candle k bullish side pe positive harkat ki waja se bagher upper wick k bullish real body banntti hai.

Trading

Hammer candle prices k lower side par rejection battati hai, aur ye yahan se bullish trend reversal ka ishara detti hai. Pattern k leye zarrori hai, k prices downtrend main hon. Candle ki lower side pe long wick honi chaheye, jo bearish trend k tasalsul ka khatma battati hai.
Pattern pe trading k leye dosree confirmation bullish candle ka intezar zarror karen, q k single candle pe trading riski hai, is waja se jaise hi dosree candle bullish bantti hai, to yahan par buy ki entry karen. Stop Loss candle k sab se lower side yani lower wick k low par set karen.

Re: Hammer Candlestick Pattern

Walaikumu salam! Dear trader apna ""Hammer Candlestick Pattern"" per trading k related bhot acha knowledge share kia ha, man b apka sath is important Candlestick Pattern per trading k related apna knowledge share kerta hun.

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 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 patterns per depend kerta ha.

Hammer candlestick pattern:

Hammer Candlestick Pattern ak bearish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man long bearish trend k bottom per banta ha aur is pattern k complete hona ka bad price bhot tazi sa oper jati ha. Is pattern man first candle ""Hammer Candlestick"" banti ha, is liye is pattern ko Hammer Candlestick Pattern kehta han.

Identification of Hammer Candlestick Pattern in Price Chart:

Hammer 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. Ye pattern two candles per moshtamil hota ha.

1. Ye pattern long bearish trend k bottom per support level per banta ha.

2. Is pattern man first candle Day-1 ki small real body ki bullish/bearish candle banti ha, jiska lower wick long aur real body k double sa bara hona chaheye aur upper wick zero ya smaller wick hota ha, is candle ko ""Hammer Candlestick"" kehta han. Ye candle long bearish trend k bad buyers aur sellers k dermiyan indecision ko batati ha.

3. Is pattern man second candle Day-2 ki long real body ki bullish candle banti ha, jo Hammer Candlestick k high k sath gap-up per open hoti ha. Ye candle is pattern k valid aur complete hona ki confirmation deti ha.

Trading with Hammer Candlestick Pattern:

Hammer 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 new candle k open per trader ko ""buy ki trade"" active kerni chaheye.

Stoploss and Take Profit:

Hammer candlestick pattern per trading k doran trader ko stoploss ko hammer candlestick ki low per place karen aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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