Matching Low Candlestick Pattern

Rnage trading

Assalam alaikum dear members!
umeed karta hun aap sb thk thaak hn gy or apki trading bahut achi jaa rahi ho ge.
dear members agr hm market ko smjh kr trade karen to hmari trading bhtr ho skti ha.
es lye daily ki posts main hum market structure ko study karty hain or aisy hi aj ki post main hum ranging market ko study karen gy or dekhen gy k esko kesy trade kia jay.



Ranging Channel in Forex market?

Dear members forex main jb market aik area main hi move kary or us k bhr na nikly to esko ranging kaha jata ha.
ab baz okat ye range bhht bari hoti ha or kbhi kbhar ye range choti b hoti ha. Laikinn es range ki wajah market main km volatility or low volume ka hona ha.
jb market main trading volume km ho to market zada move ni karti or market aik area main rhti ha.
forex main range k 2 element hoty hain aik to resistnace line or dosri supporting trend line market in dono k darmayn trade karti rhti ha.


How to trade a price range ?

Dear members jb market aik range main move kar rhi hoti hain to hamen es main dono taraf trade karny ka moqa milta ha.
jb market range ki resisting line ko touch karti ha to wahan se rejection face karti ha to hum wahan se sell ki trade le skty hain or hmara stop loss resisting line se opr ho ga jb k take profit supporting line tk ho ga.
or jb market supporting line ko touch karti ha to hum yahan se buy kar skty hain rejection ki confirmation k bad or es main hmara stop loss supporting line k nechy ho ga jb k take profit resistance line tk ho ga.



Breakout of range:

Dear members jb market range se bhr nkl jati ha to esko range ka breakout kaha jata ha.
or market range ko opr ya nechy ksi trf bhi break kar skti ha.
or agr opr break kary ge to buy ki position len gy js main hmara stop loss resistance line se nechy ho ga.
jb k agr market range ko nechy ki trf break kary ge to hum sell ki position len gy or hmara stop loss supporting line se opr ho ga.

Re: Matching Low Candlestick Pattern

Assalamu Alaikum Dosto!

Matching Low Candlestick Pattern

Matching low candlestick pattern prices main aik qisama kar double bottom candlestick pattern hai, jiss main muntakhib karda timeframe main two candles same bearish point ko touch karke wapis upward reversal ho jati hai. Ye candlestick pattern prices k bottoms ya low bearish trend main banta hai, jiss main do candles same low point ko touch karne k baad bullish reversal ho jati hai. Pattern ki candles main pehli candle aik long real body wali bullish candle hoti hai, jiss k baad banne wali candle bhi same bearish banti hai, jo k pehli candle k low point par close hoti hai. Pattern ki pehli aur dosri candles ka low same point par hota hai, jo k bullish trend reversal ka sabab bante hen.

Candles Formation

Matching low candlestick pattern two days candles par mushtamil hota hai, jiss main shamil dono candles real body wali same color ki candles hoti hai. Pattern ki pehli candle aur dosri same point par close hoti hai, jiss ki formation darjazzel tarah se hoti hai;



1. First Candle: Matching low candlestick pattern ki pehli candle aik bearish candle hoti hai, jo k prices k downtrend ya low prices area ko zahir karti hai. Ye candle aik black ya red real body main hoti hai, bearish trend ki akhari candle hoti hai.

2. Second Candle: Matching low candlestick pattern ki dosri candle bhi same real body wali bearish candle hoti hai, jo pehli candle k lower point par close ho kar white ya green body k sath banti hai. Dono candles ka lower point same low hota hai, jo trend reversal ka sabab banti hai.

Explaination

Matching low candlestick pattern prices main sellers ki adam dilchaspi ki waja se prices chart par banta hai, jiss main pehli aur dosri candles same pattern yanni bearish candles bhi hoti hen aur same low point par close ho kar black body k sath banti hai. Matching low candlestick pattern aur Tweezers bottom candlestick pattern dekhne main same hen, lekin iss pattern main dono candles ki same closing point k sath sath candles bhi bearish hoti hai. Matching low candlestick pattern k candles k lower sides par wick ya shadow nki ahmeyat nahi hai, lekin dono candles ki real body ki closing aik hi point par honi chaheye.Ye pattern prices k lower sides par double low pattern banata hai, jiss se prices k reversal honne k ziada chances hote hen.



Trading

Matching low candlestick pattern prices k lower sides par aik long timeframes ka pattern hai, jiss main candles k lower sides ki real body same point par hoti hai. Yanni pehli candle ki real body ka closing point aur dosre candle ki closing price same low point par hota hai. Ye candles ziada tar bagher lower wick ki hoti hai, lekin wick honne k bawajood bhi real body ki closing same point par hota hai. Pattern par trading se pehle confirmation bullish candle ka hona zarori hai, jo k aik real body k sath high price par close honi chaheye. Aggar pattern ki confirmation indicators jaise Stochastics oscillator ya CCI oscillator se karna ho to inn ka oversold area hona chaheye. Stop Loss pattern k sab se low position jo k dono candles ka lower banta hai, se two pips below set karen.