How to trade "'Shooting Star Candlestick Pattern?

Assalamu Alaikum! Dear Forex members, umeed ha k ap sab kheriat sa hon ga aur forex trading sa daily basis per ak acha gain le raha 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 kk read kerta ha. Q k price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlesticks 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 kk buy/sell kerna k liye candlestick patterns per depend kerta ha.

Shooting Star Candlestick Pattern:

Shooting Star Candlestick Pattern ak bearish trend revesal candlestick pattern ha jo currency pairs aur commodities k price chart man long bullish trend k top per banta ha.

Identification of Shooting Star Candlestick Pattern in Price Chart:

Shooting Star Candlestick Pattern ak bearish pattern ha jo two candles per moshtamil hota ha.

1. Ye pattern hamaha resistance level per banta ha.

2. Is pattern man first candle small real body ki bullush/bearish candle banti ha jiski upper wick long aur lower wick zero hoti ha. Ye candle Shooting Star Candlestick kehlati ha jo buyers aur sellers k dermiyan indecesion ko batati ha.

3. Is pattern man second candle long real body ki bearish candle banti ha, jiska Shooting Star Candlestick ki low k nicha close dena is pattern k valid hona ki confirmation ha.

Trading with Shooting Star Candlestick Pattern:

Shooting Star Candlestick Pattern complete hona k bad new candle k open per ""Sell ki Trade"" active kerni chaheye.

Stoploss and Take Profit:

Stoploss ko Shooting Star Candlestick k high per place karen aur Take Profit ko next support level per place karen.
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Re: How to trade "'Shooting Star Candlestick Pattern?

Dear friends aj ham (shooting star candlestick pattern) ko discuss karen gay, kyoun kay ap jantay hen kay Forex trading all over the world famous business hay jis men takreban har mulk ki participation hay to jab bhi kisi mulk ki economy up ya down hoti hay to us ka asar direct forex Market pay zaror parta hay, to hamen har mulk ki economy pay kari nazar rakhi chaye ais tara kay analyse ko ham Fundamental analysis kehty hen, dosri position men ham market kay trend ko find out karnay kelye Market ka Technically Analysis karty hen, jo kay Graphs, Candle and Indicator pay mushtamil hota hay jisy "Technical Analysis" kaha jata hay.

Shooting star candlestick pattern

shooting star candlestick pattern bearish candlestick hay jis ka opari saya aik lamba saya hay kam ya koi nechay ka saya nahen hay aor din kay nechlay hisay kay qareeb aik chota sa haqeqi jisam hay ye aik up trend kay bad zahir hota hay mukhtalif tarekay say kaha gaya shooting star aik kisam ki candlestick hay jo ais waqt banti hay jab security open hoti hay numaya taur par aagay barhati hay lekin phir open honay kay qareeb din ko dobara buland kar deti hay.



How do you trade Shooting Stars in candlesticks?

1. Identify an active bullish trend.

2. Spot a candle with a small body and a big upper candlewick.

3. Wait for a bearish candle to break the low point of the shooting star body.

4. Ensure elevated volume, signifying heavy supply.

5. This will confirm the validity of your shooting star on the chart

Conclusion:

Dear friends Forex Market aik bahoot he risk wali market hay jis men hamen market kay baray men mukamal knowledge hona chaye aor khas kar jis pair men trade karny ka decision kia ho, us kay baray men (Technically and Fundamentally) fully trained ho kar trade lagani chaye. tab he forex say profit earn kia ja sakta hay.