Bullish On-Neck Pattern

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Bullish On-Neck Pattern

Bullish on-neck pattern "Gap Candlestick Pattern" family se taluq rakhta hai, jo k prices k top par ya bullish trend main banta hai. Ye pattern two days candles par mushtamil hota hai, jo k bullish trend continuation pattern ka kaam karta hai. Pattern ki prhli candle aik strong aur long real body main bullish candle hoti hai, jiss ka baad aik baad aik bearish candle above gap main banti hai. Bearish candle k high aur low price bhi gap ko cover nahi karti hai. Iss pattern k baad agar aik small real body main bearish candle aisi ban jaye jo k dono cansles ka gap cover na karen to ye pattern "Bullish Tasuki Gap Pattern" ban jata hai, jo k same bullish trend continuation ka kaam karta hai.

Candles Formation

Bullish on-neck pattern pattern ki dono candles aik dosre se mukhtalif formate uya color main hoti hai, lekin pehli candle ki nisbat aik to dosri candle small shoti hai aur dosra ye candle above gap main banti hai, jiss se pattern trend continuation pattern ka kaam karta hai. Pattern main shamil candles ki formation darjazz3l tarah se hoti hai;



1. First Candle: Bullish on-neck pattern main shamil pehli candle aik strong aur long real body wali white ya green yanni bullish candle hoti hai. Ye candle prices k bullish ya top trend ko zahir karti hai.

2. Second Candle: Bullish on-neck pattern ki dosri candle pehli candle k opposite yanni black, green ya bearish candle hoti hai. Ye candle ziada tar small real body main hoti hai lekin zarrori nahi hai. Pattern k mutabiq ye candle pehli candle se above gap main banti hai.

Explaination

Bullish on-neck pattern aik trend continuation pattern hai jo k bullish trend ya prices k top par paya jata hai. Ye pattern same to same dekhne main "Bullish Gap Up Pattern" jaisa hai, lekin dosri candle k bearish banne ki waja se ye pattern mukhtalif ho jata hai. Pattern two days candles par mushtamil hota hai, jiss ki pehli candle aik longvreal body wali bullish candle hoti hai, jiss ka baad banne wali candle aik bearish candle hoti hai, jo k pehli candle se above gap main banti hai. Dosri candle k open, close, high aur low pehli candle se bane gap ko cover nahi karti hai. Pattern k dosri candle bullish trend k khatme ki koshash karti hai, lekin uss main nakam ho jati hai. Pattern k baad agar aik small bearish candle banti hia jo gap ko cover na karen to ye pattern "Upside Tasuki Gap Pattern" main badal jata hai.

Trading

Bullish on-neck pattern bullish trend continuation pattern hai, jiss main pehli candle to bullish aur dosri candle bearish hoti hai, lekin bearish candle prices ko bearish trend reversal pattern main change karne main nakam ho jati hai. Ye candle market main aik strong bullish continuation pattern ka kaam karti hai, jiss ka market main kamyabi k chances taqreeban 50% se ziada hen.
Pattern par trade open karne se pehle trend confirmation candle ka honna zarori hai, q k bagher trend confirmation k trade karna bohut ziada riski hota hai. Pattern k baad agar aik candle bullish real body main banti hai to yahan par market main buy ki entry ki ja sakti hai. Pattern par Stop Loss lagana zarori hai, jo k pattern k sab se lower side ya pehli candle k open position se aik ya do pips lower side par set karen.

Re: Bullish On-Neck Pattern

On-neck Bullish Candlestick Pattern

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. On-Neck 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

On-Neck 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

On-Neck 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.