Trading with Nose pin Bar Candlestick pattern in forex trading

Assalamu alaikum dear member kesy hn tamam members umeed krti hn sb khariyat sy hun gye or apna Kam achy sy kr rhy hn gye dear member aj main apke sath ek important topic share krna chahiti hn jo k nose pin Bar Candlestick pattern k bare me information share kry ga dear friend jesa ke ap janty hn forex trading me kamiyab hona hai to uske liye apko mehnat or hard work krna chahiye or apko bht zaida faida mil skta hai agr ap knowledge and experience k sth kam krty hn main apke sath nose pin Bar ki information share krti hun.

Indication of nose pin Bar Candlestick

Dear members forex trading me jab bhi market me nose pin Bar Candlestick ban jati hn to us waqt market ka reversal trend me jany ka khatra hota hai or traders ko point mil jata hai k nose pin Bar Candlestick ki waja sy market ki rejection ka indication dy raha hai. Nose pin Bar Candlestick me agar nose bullish side py ho to uska matlb hota hai k market me bullish trend ko rejection di hai or wo movement bullish side ki krna chaha raha hai isi tarah jab yh bearish side reject kry to smjh jana chahie k yeh bearish side move kr ri ha usi tarah market me nose pin Bar Candlestick pattern py nazr zarur rakhni chahie.



Types of nose pin Bar Candlestick pattern

Dear members nose pin Bar Candlestick pattern ki two types hoti hain jin ko bullish nose pin Bar Candlestick pattern or Dusri bearish nose pin Bar Candlestick pattern hai in dono ko main mazeed nechy detail me share krti hun inki information ta k apko faida ho sky uski knowledge ki waja sy.

Bullish nose pin Bar Candlestick
Bearish nose pin Bar Candlestick

1 bullish nose pin Bar Candlestick pattern
Dear members market me bullish reversal pin Bar formation ek reversal setup hota hai market me bullish pin Bar formation down trend ko show krta ha pin Bar lower price or support level ko reject krta hai is bullish pin Bar formation me different types ki candle bnti hai in candle ki real body ek dusre sy bht Zaida different hoti hai ksi ki real body bht zaida long hoti hai or ksi ki bht choti or inhi real body ko dekh k hum market ki condition ko confirm kr skty hn


2 bearish pin bar candlestick pattern

Dear members market me Bearish pin Bar formation ki waja sy uptrend ko achy tareky sy confirm kr skty hn q k yh pin Bar Market me uptrend ki movement k bare me confirmation deta hai isko dekhty huy hum market ki movemnt ka idea lga skty hn or market me apni entry ly skty hn us me bhi different types ki candle bnti hai jo ke different shapes ki hoti hai or wo humy market ki confirmation dy sktii hn.

Re: Trading with Nose pin Bar Candlestick pattern in forex trading

What is a Pin Bar candlestick in Forex?

When entering the financial market, the first thing you see is the Japanese candlestick chart. It has distinct shapes that reflect the price action of the market. And among them is a very different candlestick that looks like a pin – Pin Bar candlestick.
It is called Pin Bar because it looks like a pin. This candlestick has a prominent long wick, a small body, and with or without a small tail (Pin Bar nose).
What is a Pin Bar candlestick in Forex?Its characteristic

To confirm a candlestick is a Pin Bar in Forex, it must consist of the following characteristics:
– Tail (aka wick or shadow): The Pin Bar is a candlestick with a long upper or lower tail. That is the highlight of a Pin Bar candlesticks that show a strong rejection of prices. A Pin Bar must have a tail that is at least 2/3 of the length of the candlestick bar. The longer the tail is, the higher the accuracy of the Pin Bar is.
– Body: The zone between the opening and closing prices is called the candlestick body. The body should not exceed 1/3 of the candlestick length. Opening and closing prices are close to each other and may also be equal.
– Pin Bar nose: the opposite part of the tail. A Pin Bar does not necessarily need a nose. Sometimes, the Pin Bar doesn’t have a nose because it opens and closes right at the closing price of the candle. The smaller the Pin Bar nose is, the better it becomes.
– Pin Bar is a price signal indicating price rejection. From there, it shows that the possibility of a price reversal in the direction of the Pin Bar body is very high.
What is the characteristic of a Pin Bar?Two common types of Pin Bar

There are two types of Pin Bar candlesticks that you need to pay attention to when they appear on the chart: Bullish Pin Bar and Bearish Pin Bar.
Two common types of Pin Bar in Forex+ Bullish Pin Bar: This is a Pin Bar with a long downward tail and an upper body. They usually appear at the end of downtrends and serve as a warning signal for prices going up in the future. In addition, it may also appear in an uptrend as a signal of trend continuation.
The Bullish Pin Bar candlestick warns that the price may go up sharply+ Bearish Pin Bar: This is a Pin Bar with a long upward tail and a lower body. They usually appear at the end of uptrends and serve as a warning signal for prices going down in the future. In addition, it may also appear in a downtrend as a signal of trend continuation.