Assalamu Alaikum Dosto!
Matching High Candlestick Pattern
Matching high candlestick pattern prices main aik qisama kar double top candlestick pattern hai, jiss main muntakhib karda timeframe main two candles same resistance point ko touch karke wapis downward reversal ho jati hai. Ye candlestick pattern prices k top ya high par bullish trend main banta hai, jiss main do candles same high point ko touch karne k baad bearish 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 bullish banti hai, jo k pehli candle k high point par close hoti hai. Pattern ki pehli aur dosri candles ka high same point par hota hai, jo k bearish trend reversal ka sabab bante hen.
Candles Formation
Matching high 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 high candlestick pattern ki pehli candle aik bullish candle hoti hai, jo k prices k up-trend ya high prices area ko zahir karti hai. Ye candle aik white ya green real body main hoti hai, bullish trend ki akhari candle hoti hai.
2. Second Candle: Matching high candlestick pattern ki dosri candle bhi same real body wali bullish candle hoti hai, jo pehli candle k high point par close ho kar white ya green body k sath banti hai. Dono candles ka lower point same high hota hai, jo trend reversal ka sabab banti hai.
Explaination
Matching high candlestick pattern prices main buyers ki adam dilchaspi ki waja se prices chart par banta hai, jiss main pehli aur dosri candles same pattern yanni bullish candles bhi hoti hen aur same high point par close ho kar white body k sath banti hai. Matching high candlestick pattern aur Tweezers Top candlestick pattern dekhne main same hen, lekin iss pattern main dono candles ki same closing point k sath sath candles bhi bullish hoti hai. Matching high candlestick pattern k candles k upper 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 upper sides par double top pattern banata hai, jiss se prices k reversal honne k ziada chances hote hen.
Trading
Matching high candlestick pattern prices main buyers ki adam dilchaspi ki waja se prices chart par banta hai, jiss main pehli aur dosri candles same pattern yanni bullish candles bhi hoti hen aur same high point par close ho kar white body k sath banti hai. Matching high candlestick pattern aur Tweezers Top candlestick pattern dekhne main same hen, lekin iss pattern main dono candles ki same closing point k sath sath candles bhi bullish hoti hai. Matching high candlestick pattern k candles k upper 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 upper sides par double top pattern banata hai, jiss se prices k reversal honne k ziada chances hote hen.
Trading
Matching high candlestick pattern prices k upper sides par aik long timeframes ka pattern hai, jiss main candles k upper 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 high 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 bearish candle ka hona zarori hai, jo k aik real body k sath low price par close honi chaheye. Aggar pattern ki confirmation indicators jaise Stochastics oscillator ya CCI oscillator se karna ho to inn ka overbought area hona chaheye. Stop Loss pattern k sab se high position jo k dono candles ka top banta hai, se two pips above set karen.
