Discussion about Trading on Bearish Rickshaw Man Doji Candlestick Pattern in forex?

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    Discussion about Trading on Bearish Rickshaw Man Doji Candlestick Pattern in forex?
    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.

    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 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 patterns per depend kerta ha. Aj man apka sath ""Rickshwa Man Candlestick Pattern"" per trading k related apna knowledge share kerta hun.

    Bearish Rickshaw Man Doji Candlestick Pattern:

    Bearish Rickshaw Man Doji Candlestick Pattern ak bearish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man commonly long bullish trend k top per banna wala pattern ha jiska complete hona per price bhot tazi k sath fall kerti han. Is Doji Candlestick ko Japanese na Rickshaw Man k sath compare ker Rickshaw Man Candlestick Pattern ka name dia gya ha.
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    Identification of Bearish Rickshaw Man Candlestick Pattern in Price Chart:

    Bearish Rickshaw Man Candlestick Pattern ak bearish candlestick pattern ha, jo two candles per moshtamil hota ha.

    1. Ye pattern sirf long bullish trend k bad resistance level per banta ha.

    2. Is pattern man first candle Day-1 ki ""Long Legged Doji Candlestick"" hoti ha jiska dono wick long aur iski real body nahe hoti ha. Is candle man price ka open and close same level per hota ha. Ye candle buyers aur sellers k dermiyan indecision ko batati ha.

    3. Is pattern man second candle Day-2 ki long real body ki bearish candle banti ha, jo first candle k closing level k sath "'gapdown"" man open hoti ha aur iska close first candle ki low k nicha closing deni chaheye tab he ye patterm complete air valid ho ga.
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    Trading with Bearish Rickshaw Man Candlestick Pattern:

    Bearish Rickshaw Man Candlestick Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara aur jab ye pattern complete ho jae to new candle k open per trader ko ""sell ki trade"" active kerni chaheye.
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    Stoploss and Take Profit:

    Bearish Rickshaw Man Candlestick Pattern per trading k doran trader ko stoploss ko Long Legged Doji Candlestick k high per place kerna chaheye aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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