How to trade with ""Rickshaw Man 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.

Importance of Candlestick Patterns:

Forex trading man trader currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read kerta ha. Q k price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Forex trading man candlestick patterns currency pairs aur commodities k price chart man price ki movement ko track kerna k liye use hona wala most important technical tool ha. Forex trading man trader kisi b currency pair ya commodity ko buy/sell kerna k liye candlestick patterns per depend kerta ha. Aj man apka sath ""Rickshaw Man Candlestick Pattern"" per trading k related apna knowledge share kerta hun.

Rickshaw Man Candlestick Pattern:

Rickshaw Man Candlestick Pattern ak bullish trend reversal candlestick pattern ha jo currency pairs aur commodities k price chart man long bullish trend k top per banta ha. Is pattern ka name Japanese na Rickshaw Man per rukha ha q k is candle ki shap Rickshaw Man sa milti ha.

Identification of Rickshaw Man Candlestick Pattern in Price Chart:

Rickshaw Man Candlestick Pattern single candlestick per moshtamil ak bearish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man sorf resistance level per banta ha.

1. Is pattern man first candle Day-1 ki ""no real body"" ki candle banti ha jiska dono wicks long aur taqreban same hon ga. Is candle ko ""Long Legged Doji Candlestick"" ya ""Rickshaw Man Candlestick"" kehta han. Ye candle buyers aur sellers k dermiyan indecision ko batati ha.

2. Is pattern man second candle Day-2 ki long real body ki bearish candle banti ha, jo ""Rickshaw Man Candlestick"" ki real body k sath gap-down man open hoti ha aur iska close first candle ki low k nicha hona chaheye.

Trading with Rickshaw Man Candlestick Pattern:

Rickshaw Man 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 ""sell ki trade"" active kerni chaheye.

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Stoploss and Take Profit:

Rickshaw Man Candlestick Pattern per trading k doran trader ko stoploss Rickshaw Man Candlestick k high per place karna chaheye aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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Re: How to trade with ""Rickshaw Man Candlestick Pattern"" in forex trading?

yes friend, forex trading main different pairs ki prices ko bulls aur bears control kar rahay hotay hain jo mukhtalif time frames ya periods ma different hotay hain, in main sa kabi buyers control gain kartay hain aur kabi sellers market ma prices ko lead kar rahay hotay hain, lakin kai baar aisi suratehal bhi ban jati ha jis ma market indecision ka shikar ho jati ha, is tarah ki situation main doji candles ya rickshaw man candlestick pattern bntay hain,

Appearence of rickshaw man pattern:





ye candlestick pattern long legged doji kay similar hota ha jis ma opening aur closing prices aik jaisi hoti hain, ye market kay indecision ki indication daiti ha, ye pattern market ma buyers aur sellers kay darmian equality ko show kar raha hota ha, pattern ma bulls aur bears control hasil karnay ki struggle kartay hain lakin last main dono kamyab nhi ho saktay, rickshaw man candlestick kay bnnay sa traders koi decision nhi lay patay aur situation k change honay ka wait kartay hain,

trading tactics in this pattern:




rickshaw man kay liay analysts aur experts suggest kartay hain k is pattern ko dusray technical indicators, chart patterns aur prices action analysts kay sath use kar kay changing trend ya continuation ko observe karna chaiay, is akelay pattern ka use reliable nhi smjha jata, ye pattern market kay trends ki kisi perticular direction ma moment ki koi clear indication nhi daita is liay traders ko is par trust nhi karna chaiay balkay apni learning ki mutabik decisions lainay chaian ya achi situation ka wait karna chaiay, rickshaw man candlestick pattern koi clear information nhi daita jis sa reversal ya continuation ko predict kia ja sakay, candle kay middle ma real body market ki uncertainity ko zahir kar rahi hoti ha, is liay sirf isi pattern par depend nhi karna chaiay