How to trade with ""Piercing Line Candlestick Pattern"" in forex trading?

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. Dear traders forex trading ak risky business ha is man traders ko bhot losses hota han. Is liye trader ko forex trading ko acha sa seekh ker karna chaheye.

Piercing Line Candlestick Pattern:

Piercing Line Candlestick Pattern ak bullish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man long bearish trend k bottom per banta ha. Is pattern k complete hona ka bad price bhot tazi sa oper jati ha.

Identification Piercing Line Candlestick Pattern in forex trading:

Piercing Line Candlestick Pattern ak bullish candlestick pattern ha jo three candles per moshtamil hota ha.

1. Ye pattern support level per banta ha.

2. Is pattern man first candle Day-1 ki long real body ki bearish candle banti ha.

3. Is pattern man second candle Day-2 ki normal real body ki bullish candle banti ha jo first candle ki low k sath gap-down man banti ur isla close first candle ki real body ki 50% sa oper close dena bhot zarori ha, ye pattern k complete hona ki confirmation deti ha.

4. Is pattern man third candle is pattern per trade open kerna ki confirmation deti ha, is candle ka close first candle k high k oper close dena chaheye.

Piercing Line Candlestick Pattern for Intraday Trading Style:

Intraday Trading Style man trader ko ""Piercing Line Candlestick Pattern"" ko M-5, M-15 M-30 aur H-1 k timeframes man dhondna chaheye.

Piercing Line Candlestick Pattern for Positional trading style:

Positional Trading Style man trader ko "'Piercing Line Candlestick Pattern"' ko H-4, D-1 aur W-1 k timeframes man dhondna chaheye.

Trading with Piercing Line Candlestick Pattern:

Piercing Line 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 ""buy ki trade"" active kerni chaheye.

Stoploss and Take Profit:

Piercing Line Candlestick Pattern per trading k doran stoploss ko is pattern ki first candle ki low per place karen aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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Re: How to trade with ""Piercing Line Candlestick Pattern"" in forex trading?

Piercing line candlestick pattern.
Piercing line pattern aik do din ka candlestick pattern hay jo keh pruce main downward trend say upward trend main potential reversal kay bary main batata hay. Pattern ki first candle last day kay high say open ho kar usky low kay pas closing karti hay. Iskay bad second day main diwn gap banta hay jo last day kay closing say open ho kar opening kay pas close hoti hay. Iskay bad second day candle first day ki red candlestick kay mid ya up say above close hoti hay.





How pattern works.
Patyern two days opposite candlesticks per mabni hota hay. Jis main first candle downward trend main banti hay jiska size previous alcandles kay size kay average size kay equal hota hay. Second day ki candle first day kay closing say open ho kar above jati hay aur bearish candle kay mid say bhi uper close hoti hay. Jis tarah first candle main sellers ziadah hoty hain aur trend down ata hay isi tarah second candle main buyers ka zor hota hay jis say trend upward jata hay.

Trading strategy in Piercing pattern
Piercing pattern main first candle down banti hay jab keh second candle main gap down say opening but closing previous kay mid say uper is pattern ko mukamal karti hay. Iskay bad ager two consecutive bullish candles banain to iska matlab hota hay keh down trend main ab potential reversal a gai hay jis say yeh zahir hota hay keh bulls market per qabiz hain aur market main uptrend short term kay liye qaim rahy ga. Is main ab trader kay liye trading entry ka chance hota hay jo higher high banaty huye up jata hay. Trader ko entry kay bad yahan say acha profit hasil ho sakta hay.

Re: How to trade with ""Piercing Line Candlestick Pattern"" in forex trading?

Assalamu Alaikum Dosto!

Piercing Line Pattern

Piercing line pattern jo k "Dark cloud cover pattern" k opposite direction main banta hai, two days candles par mushtamil hota hai. Ye pattern prices k bottom ya low price main banta hai, jo k bullish trend reversal pattern ka kaam karta hai. Pattern dekhne main same "Bullish Belt-Hold Pattern" aur "Bullish Meeting Line Pattern" se mushabehat rakhta hai. Ye teeno patterns prices k leye bullish trend reversal pattern ka kaam karta hai, jab k ye pattern bearish continuation pattern "Bearish Thrusting Line Pattern" se bhi formation main melta hai, jo k bearish trend continuation pattern hai. Ye pattern bearish aur bullish candles se mel kar bana hai.

Candles Formation

Piercing line ek bullish trend reversal pattern hai, aur downtrend main bhi bannta hai to us k leye candles ki darrjazel format honi chaheye ;



1. First Candle: Piercing line pattern ki pehle din ki candle aik real body wali long bearish candle hotee hai, jo k market main pehle se chaltte a rahe bearish trend ki alammat hotee hai.

2. Second Candle: Piercing line pattern ki dosri candle ek real body wali long bullish candle hote hai, jis ka open point to bearish candle se lower side main gap se hota hai, lekin close point pehlee candle k darmeyan ya centre point se thora sa upper yani 50% se ziadda pe hotta hai.

Explaination

Piercing line pattern two days k candles par mushtamil aik bullish reversal pattern hai, jis me pehle din ki candle aik long bearish candle hottee hai, jo k market me pehle trend k mutabiq bantti hai, jab k dosre din ki candle aik long bullish candle hottee hai, jo k open to bearish candle se lower gap main hai, lekin close pehle candle k mid point se thora sa upper taqreebban 50% ya us se ziadda par hota hai. Dosre din ki candle bullish trend k aghazz k sath sath bearish trend k ikhtetaam ka bhi bahis batti hai. Ye pattern "Dark Cloud Cover Pattern ka opposite hai aur uptrend main bantta hai. Jab k pattern dekhne main same" Bearish Thrusting Line Pattern " jaisa hai.

Trading

Piercing line pattern traders ko buy ka signal deta hai, wahan pe trend reversal hone par humen market se exit hone k barre main bhi batatta hai. Ye pattern downtrend me banta hai, jahhan pe prices bohut lower par trade kar rahi hotti hai. Pattern pe trade karnne se pehle prices ka downtrend aur trend confirmation lazzmi confirm hona chaheye. Agar pattern k baad teesree candle bhi bullish bantti hai, to ye position market me buy ki entry ka hoga. Stop Loss pattern k sab se lower point ya bullish candle k low price se do pips below rakhen.

Re: How to trade with ""Piercing Line Candlestick Pattern"" in forex trading?

Piercing Line Candlestick (Bullish) Pattern

Piercing Line Pattern do candles par mushtamil hota hai, jiss me pehli candle aik long real body wali bearish candle hoti hai, jab k dosri candle aik long real body wali bullish candle hoti hai. Bullish candle bearish candle k lower par gap main open hoti hai, jab k close pehli candle k darmeyan se upper hoti hai. Ye candle market main bearish trend ka khatma karti hai, jiss se prices new bullish trend par move hona shoro karti hai. Piercing Line Pattern bhi same dekhne me Bullish Belt-Hold pattern ki tarah hai, lekin belt hold pattern ki dosri candle aik bozu candle hoti hai, jiss k lower side par wick nahi hoti.

Pattern k Pehchan k Rules

1. Pattern banne se pehle aik bearish trend t ka tasalsul hona chaheye
2. Pattern ki pehli candle black honi chaheye
3. Black k bad white candle banni chaheye, jo k black candle se gap me banni gi
4. White candle ki closing position black candle ki real body k midpoint ya us se nechay hona chaheye ( yani white candle ki real body black candle se bari hogi

Pattern ki Tafseel

Piercing line candlestick pattern do (two) candle par mushtamil aik bearish trend reversal ya bullish trend pattern hai, jis me pehli candle black hoti aur us k bad aik white candle banti hai, jo black candle k closing position k bellow (gap) se shoro hoti hai aur closing position black candle k midpoint ya us se uper (above) hota hai. Piercing line candlestick pattern Dark cloud cover pattern ka opposite hai.

Trading on Pattern

Piercing line candlestick pattern strong bullish trend ki signal hai, jo traders ko market me buy entry k leye aik achi opportunity hai. Traders jab bhi market me piercing line pattern dekhen to market me buy entry k leye apne apko tayar rakhen, q k market me buying dabao ka izafa hota hai. Candle stick pattern k bad agar teesri candle bhi agar white banti hai aur wo dosri white candle k above band hoti hai to is se pattern ka signal aur bhi mazbot ho jayega,1st black aur second white candle k darmeya gap ka hona zarori hai, tab hi candlestick ka pattern complete hota hai. 3rd candle stick pattern ki confirmation k mazboti k leye hai, lekin us k bagher bhi market buy k leye tayar hota hai. Stop loss white (2nd) candle k nechay hona chaheye, jahan se candle ka aghaz howa tha.