What is " Bullish Meeting Line Pattern " in forex market .

Salam dear members g aj main apke sath ek bht hi Important topic share krne ja rahi hon jo k bullish meeting line pattern k bare main hai is tarah ye ek bht hi important topic hai is sy hm apni trading main bhi successful ho skhte hain or agr hum chahte hain k hm is main kamyab ho to us k liye humy chaiye k hm isko daily basis py study kren islo learn kren tab hi hum is main kamyab hon gy . So main apko is k bare main detail sy btati hon .

Bullish Meeting Line Pattern .

G members ye bullish meeting line pattern ek Bullish counter attack candlestick pattern ahi . Is tarah isy hum bullish counter attack candlestick pattern hai .or ye pattern two candles py dependent hota hai .is tarah is main first candle long real body ki bearish ki candle hoti hain . Or us main second candle bhi logn real wali hoti hai or ye candle bullish ki hoti hai .is tarah pattern ki first candle or second candle ki closing ek line main hi hoti hai . Is tarah is sary process ko hum bullish meeting line pattern kehte hain .


Identification Bullish Meeting Line Pattern .

G members ye pattern bearish trend main bnta hai . Or phly bhi jesy k apk obtya hai k ye pattern two candles py dependent hota hai . Or is pattern k liye prices ka low hona bht zroori hai . So main apko is k bare main btati hon .

First candle .
Second candle .

First cnadle main bullish meeting line pattern bearish trend main bnta hai is tarah first candle long real body wali bearish main bnti hai ye pattern bearish trend main zahir hota hai .

Second candle is pattern main second candle strong bullish main bnti hai or is pattern main second candle first candle sy nichy gap main open ho k same second candle k close pr close hoti hai .

How to trade with Bullish Meeting Line Pattern .

G members bullish meeting line pattern main agr prices k downtrend ya lower main ho to ye hmare liye trading main signal buy ka hota hai . Is tarah agr hum is py trade kr rhy hain to us k liye prices ka lower main hona zroori hai or us k sath trend ki confirmation bht important hai . Or agr hum chahte haun k hum trading main kamyab ho to us k liye humy chaiye k hum stop loss or take profit ka zroor use kren tab hi hum is main kamyab ho skhte hain so is sy hmara account bhi safe rahy ga or account bhi maintain rahy ga .

Re: What is " Bullish Meeting Line Pattern " in forex market .

Bullish Meeting Lines

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Figure 1. Bullish Meeting Lines pattern.

Japanese name: deaisen
Forecast: bullish reversal
Trend prior to the pattern: downtrend
Opposite pattern: Bearish Meeting Lines
Construction:

• First candle
  • a candle in a downtrend
  • black body
  • appears as a long line
  
  
• Second candle
  • white body
  • the closing price is equal to the previous closing price

The Bullish Meeting Lines is a two-line bullish reversal pattern. The first line is a black candle appearing as a long line. The second candle also appears as a long line, but the candle's body is of white color. Both candles close at the same level. Although the pattern's shape is simple, it appears extremely rarely on the charts.
The pattern should be confirmed on the subsequent candles.
Visually the Bullish Meeting Lines pattern is similar to the In Neck being a bearish continuation pattern. The main difference is, however, in the length of the second line's body. In the case of the In Neck pattern, the second candle's body is shorter.

Figure 2. A Bullish Meeting Lines occurrence with the first line being a Long Black Candle, forming a resistance zone. A Black Candle following the pattern is a failed attempt to break out of the downtrend. As a result, the resistance zone is stronger, and the bears retake control.

Bullish Meeting Lines statistics

Below you can find some Bullish Meeting Lines pattern statistics calculated by CandleScanner software. To see more detailed statistics, for other markets and periodicity try our CandleScanner software. Prices start at only $10, and you can see more detailed statistics, for other markets and periodicity. Click here to find out more!

• S&P500 (20 years)
• S&P500 (5 years)

Pattern name: Bullish Meeting Lines
Scanner settings: daily stocks
Group: S&P500
Number of symbols: 502
Date range: 7/1/1995 - 6/30/2015
Time interval: daily candles
Total number of candlesticks: 2,236,421
Number of occurrences (Bullish Meeting Lines): 153
Number of occurrences (all candlestick patterns): 638,570
% of occurrences (Bullish Meeting Lines): 0.02 %
Average frequency: 14,617.1

Efficiency statistics (5 candlesticks testing period)

Number of Occurrences	0	25	30	34	64
% of Occurrences	0.00 %	16.34 %	19.61 %	22.22 %	41.83 %

Efficiency statistics (10 candlesticks testing period)

Number of Occurrences	0	25	25	23	80
% of Occurrences	0.00 %	16.34 %	16.34 %	15.03 %	52.29 %

10 top best performing symbols

Symbol	Number of Occurrences	Average Frequency	Number of Occurrences	% of Occurrences	Number of Occurrences	% of Occurrences
ACN	1	3,508.0	1	100.00 %	1	100.00 %
AFL	2	2,517.0	1	50.00 %	2	100.00 %
BRCM	1	4,329.0	1	100.00 %	1	100.00 %
COH	1	3,705.0	1	100.00 %	1	100.00 %
CTSH	1	4,285.0	1	100.00 %	1	100.00 %
DRI	2	2,517.0	1	50.00 %	2	100.00 %
HST	2	2,517.0	1	50.00 %	2	100.00 %
KMX	2	2,315.5	1	50.00 %	2	100.00 %
LVLT	1	4,340.0	1	100.00 %	1	100.00 %
MDLZ	1	3,533.0	1

Re: What is " Bullish Meeting Line Pattern " in forex market .

Bullish Meeting Line (Bullish)

Introduction:

Bullish Meeting line pattern bearish trend me banne wala aik bullish ya upward trend reversal pattern hai, jo k do candles par mushtamil hota hai. Bullish meeting line pattern me 1st candle aik bari real body wali black candle hoti hai, aur us k baad aik bari real body wali white candle hoti hai. White candle black candle se nechay gap me open hoti hai lekin close same black candle k closing point pe hoti hai. Yanni dono candles ka closing point ya price same hota hai.

Pattern ki Pehchan k Rules

:

1. Bullish meeting line pattern aik bullish trend reversal pattern honne ki waja bearish trend ya low price area (market ki sab se kam qeematon wale zone) me banta hai.
2. Pattern me shamil 1st candle aik bari real body wali black candle hoti hai.
3. Pattern me shamil dosri candle hamesha aik bari real body wali black candle honi chaheye.
4. Pattern me 2nd white candle 1st black candle se nechay gap me open hogi aur close same black candle ki closing point pe hogi. Yani white candle aur black candle ki closing price aik hi line me aik hi position pe hoti hai.

Pattern ki Tafseel

Bullish meeting line pattern ko "Bullish Counter-Attack Candlestick Pattern" bhi kaha jata hai, jis me shamil dono candles opposite direction aur color ki hoti hai, jin ka open price to aik dosre se mukhtalif hota hai lekin closing price aik dosre ka same aik hi point pe hota hai. Is pattern ki 1st candle aik bari real body wali black candle hoti hai, jo k apne sabeqa bearish trend ki akasi karti hai. Pattern ki dosri candle aik bari real body wali white candle hoti hai, jo k sabeqa pattern ko khatam karke k trend ko bullish side reversal karati hai. 2nd white candle black candle se nechay gap me open hoti hai jab k close black candle k same price pe hoti hai. 2nd candle ki formation qeematon par attack ka hota hai.

Pattern pe Trading:

Bullish meeting line pattern ziada tar bearish trend k baad banta hai, q k iss pattern main bullish candle ki shap main prices rebound ho jati hai. Pattern aik bullish trend reversal pattern hai, jo k low price area ya bearish trend k baad banne ki waja se traders k leye "Buy" k signals generate karta hai. Pattern ki 2nd candle market me bearish trend ka khatma karti hai, jis se qeematen bullish trend pe move karna shoro karti hai. 2nd white candle k baad 3rd confirmation candle ka intezar karna zarori hai, agar wo bullish candle banti hai to pher humen market me buy ki entry karni chaheye. Stop loss ki position white candle ki lower side pe se bhi two pips down side set kare, takeh ziada loss se account mehfoz ho.

Re: What is " Bullish Meeting Line Pattern " in forex market .

Assalamu Alaikum Dosto!

Bullish Meeting Line Pattern

Bullish meeting line pattern ek bullish trend reversal pattern hai, jo k two days candles par mushtamil hota hai, jis main pehli candle aik long real body wali bearish candle hotti hai, jab k dosree candle bhi a long real body wali hotti hai, lekin ye bullish candle hotti hai. Bullish meeting line pattern dekhne main "Bullish Piercing Line Pattern" hi jaisa hotta hai, lekin dosree candle pehlee candle main dakhil nahi hotti hai. Pattern k pehlee candle aur dosree candle k closing price aik hi line main hotti hai. Bullish meeting line pattern ko "Bullish Counter-Attack Candlestick Pattern" bhi kaha jata hai.

Candles Formation

Bullish meeting line pattern ziada tar low price area ya bearish trend main bantta hai, jo k two days candles par mushttamil hota hai, pattern k leye prices ka low hona zarorri hai, aur candles ki darjazzel formation bannegi;



First Candle: Bullish meeting line bearish trend main bantta hai, is waja se pattern ki pehlee candle ek long beariah candle hotti hai, jo k bearish trend k mazzboti zahir kartti hai.

Second Candle: Bullish meeting line pattern ki dosree candle aik strong bullish candle hotti hai, aur ye candle bhi taqreebban size main pehlee candle k barrabar hotti hai.
Bullish meeting line pattern main dosree candle pehlee candle se nechay gap main open ho kar same dosree candle k close price pe close hotti hai.

Explaination

Bullish meeting line pattern pattern ko "Bullish Counter-Attack Pattern" bhi kaha jata hai, q k aik strong bearish trend k baad dow side se bullish candles market main mazzboti se wapasi kartti hai. Bullish meeting line pattern two days candles par mushtamil aik bullish trend reversal pattern hai, jo k downtrend k baad bantta hai. Meeting Line Pattern main dosree candle pehlee candle k close price ki bajaye lower par gap main open hotti hai. Ye pattern same "Piercing Line Pattern" jaisa bhi dekhaye detta hai, q k dono k candles same formation main bante hen, lekin meeting line pattern me dosree candle ka closing point pehlee candle k closing point par hi hota hai. Bullish meeting line pattern main pehli bearish aur dosree bullish candle ka close point aik hi line par melte hen, jiss ki waja se pattern ko ye naam deya gaya hai.

Trading

Bullish meeting line pattern k baane ki waja prices k darmeyan gap ane ka hota hai, jo ziadda tarr long timeframe main bante hen, q k is pattern k leye market main waqfa zarrori hai. Meeting line pattern aggar prices k downtrend ya lower area main paya jaye to ye trading k leye buy ka signal genrate kartta hai. Meeting line par trading se pehle aik to qeematton ka lower side hona chaheye aur dosra trend confirmation bhi zarorri hai, q k iss k bagher pattern neutral count hote hen.
Bullish Meeting Line Pattern k baad banne wali agli candle aggar bullish bantti hai to ye area buy trade ki entry ka hogga, aur aggar teesri bullish candle pehlee bearish candle k top pe close hotti hai, to ye bullish trend ki mazzbotti main mazzeed izzafa kartti hai.
Stop Loss pattern k sab se lower point ya pattern ki dosree candle k down side pet put karren.