What is Abandoned Baby Candlestick Pattern?
Dear friends Abandoned Baby Candlestick Pattern ik trend reversal candlestick pattern ha jo three candles sa mil ker banta hai. Ye pattern hamasha accurate signals deta hai. Is pattern ki formation morning aur evening star candlestick patterns ki terha hoti hai. Morning aur evening Star Candlestick Pattern man aur is pattern man ak main difference ye hai k Candlestick ki real body aur wick apas main overlap nahe kerten.
Bullish Abandoned Baby Candlestick Pattern
Dear ager Abandoned Baby Candlestick Pattern sharp bearish trend ky bottom per support level ky qareeb banta hy. to yeh trader ko Bullish trend ky start hona ka signal deta hy. Es liye isko Bullish Abandoned Baby Candlestick Pattern kha jata hy.
Identification
Dear forex friends is pattern mian first candle Day-1 ki long real body ki bearish candle banti hy. Jo sellers ka market par strong pressure ko represent krti hy.Es pattern mian second candle Day-2 ki small real body ki yah doji candle banti hy jo first candle ki high ki sath ""Gap-up"" man banti hy. Yeh candle buyers or sellers ki dermiyan indecision ko batata hai.Es pattern mian 3rd candle Day-3 ki long real body ki bullish ki second candle ki low sy "Gap-down" k sath banti hy. Jo buyers or sellers k dermiyan indecision k bad buyers ki win krna ka batati hy aur is terha bullisn trend start ho jata hy.
Importance
Dear friends Trading mian trader market price ki movement ko understand krna k liye complex price chart ko read krta hy. Price Chart Pattern, momentum or price k trend mian exchange ko accuracy ky sath identify krta ha. Candlestick Patterns currency pairs or commodities k price chart man price ki movement ko predict krna k liye istemal hona wala most technical tool ha. Traders currency pairs aur commodities ko Buy/Sell k liye in patterns per depend krta han. Aj man apka sath ak important candlestick pattern per apna knowledge share krta hon.
Trading Strategy of this pattern:
Dear members Bullish Abandoned Baby Candlestick Pattern k complete hona k bad market price tazi sa fall kerti ha is liye trader ko chaheye k new candle k open k sath he ""Buy ki Trade"" open ker le aur Stoploss ko is pattern ki second candle k high sa 6 pips oper 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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