How to trade with ""Morning Star Candlestick Pattern"" in forex trading?

Assalamu Alaikum! Dear seniers and juniers, umeed ha k ap sab kheriat sa hon ga. Forex trading ak risky business ha is man 90% traders loss he kerta han jiski main waja forex trading ka acha knowledge na hona ha. Ager forex trading man trader successful hona chahta ha to iska liye zarori ha k trader k pass forex trading ak acha knowledge hona chaheye.

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 market 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 ""Morning Star Candlestick Pattern"" per trading k related apna knowledge share kerta hun.

Morning Star Candlestick Pattern:

Morning Star Candlestick Pattern ak strong bullish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man long bearish trend k bottom per banta ha aur price ko long down trend man change ker deta ha. Is pattern man black long real body ki candle k bad small real body ki white candle banti ha jiska ki waja sa Japanese na is pattern ka name ""Morning Star Candlestick Pattern"" rukha gya ha.

Identification of Morning Star Candlestick Pattern:

Morning Star Candlestick Pattern three candles per moshtamil bullish candlestick pattern ha, jo currency pairs aur commodities k price chart man sirf support level per banta ha.

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

2. Is pattern man second candle Day-2 ki long small real body ki bullish candle vanti ha jiska dono wick smaller aur taqreban same hota han aur ye first candle ki close k sath gap-down man open hoti ha jo candle buyers aur sellers k dermiyan indecision ko batati ha.

3. Is pattern man third candle Day-3 ki long real body ki bullish candle banti ha, jo second candle ki low k sath gap-up man open hoti ha aur iska close first candle k high k oper hona chaheye.

Trading with Morning Star Candlestick Pattern:

Morning Star 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.

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Stoploss and Take Profit:

Morning Star Candlestick Pattern per trading k doran trader ko stoploss is pattern ki second candle ki low k nicha place kerna chaheye aur Take Profit ko next resistance levels per Tp-1 Tp-2 aur Tp-3 ker k place karna chaheye.
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Re: How to trade with ""Morning Star Candlestick Pattern"" in forex trading?

Assalamu Alaikum Dosto!

Morning Star Pattern

Morning star candlestick pattern prices k bottom par uss waqat banta hai, jab bhi sellers ki bohut ziada pressure aur assets ki high supply ya low demand ki waja se prices bohut ziada nechay ja chuki hoti hai. Ye position aksar prices k support level sabit hoti hai, jiss main prices yakdam upper charna shoro karti hai. Morning star candlestick pattern main teen candles hote hen, jiss main pehli candle prices par sellers ka dabao, dosre candle prices ko mazeed nechay jane se rokne aur last teesri candle prices ko reversal direction main badal deti hai. Jab bhi high supply ki waja se assets ki prices bohut ziada nechay jane lagti hai, to aik aisi satah ati hai, jahan par iss main izzafa hona shoro hoti hai, ziada demand wale area main aksar prices small candle banati hai.

Candles Formation

Morning star candlestick pattern bearish trend ya low demand area main paya jata hai, jiss se k baad prices mumkina tawar reversal jana shoro karti hai. Ye long timeframe main ziada bante hen, jab k iss pattern k teen hessey ya pattern teen candles par mushtamil hota hai, jiss ki tafseel darjazzel hai:



1. First Candle: Morning star candlestick pattern ki pehli low prices area main hone ki waja se bearish candle hoti hai. Ye candle aik prices k bearish trend ki akasi karti hai, jo mumkina market ki teezi dekhati hai. Candle ki real body bearish trend k mutabiq black ya red hoti hai.

2. SecondCandle: Morning star candlestick pattern ki dosri candle aik small real body wali candle hoti hai, jo k pehle candle k baad prices ko ziada karne ki koshash karti hai. Ye candle banti to pehli candle k bottom par hai lekin iss ki small body hone ki waja se asarat bullish trend ki hote hen, ye candle bullish ya bearish dono tarah se ho sakti hai, lekin position pehli candle k bottom par honi chaheye, wo bohut important hai.

3. Third Candle: Morning star candlestick pattern ki teesri candle trend reversal k mutabiq hoti hai, q k ye dosri candle prices ko rok kar mazeed bearish jane se rokti hai, jab k third candle bullish trend reversal ka kaam karti hai. Ye candle aik bullish candle hoti hai, jo k dosri candle se above aur pehli candle k parallel banti hai.

Explaination

Morning star candlestick pattern aik strong bullish trend reversal pattern hai, jo k long term k timeframes main low prices ko high price direction main tabdeel kar dete hen. Ye pattern teen candles par mushtamil hota hai, jiss ki pehli candle aik bearish candle hoti hai, jiss k baad aik small spining top candle banti hai, aur last par aik bullish candle hoti hai. Bearish candle market main sabeqa trend ki alamat hoti hai, jiss k baad banne wali spinning top candle prices ko mazeed nechay jane se rokne k kaam karti hai, jab k last par bullish candle trend reversal k leye jani jati hai. Ye pattern dekhne main "Bullish Abandoned Baby Candlestick Pattern" se ziada mushabehat rakhta hai, aur candles ki formation bhi taqreeban same hoti hai, lekin uss main Spinning top candle ki jagah doji candle istemal hoti hai.



Trading

Morning star candlestick pattern trading k leye aik perfect bullish ya buy k signals generat karta hai. Pattern par trading k leye prices ka low area main hona zarori hai, jab k indicators par uss waqat oversold zone hona chaheye. Pattern par trading se pehle aik bullish confirmation candle ka hona zarori hai, jo k real body main pattern k sare candles se top side par close honi chaheye. Iss candle par market main buy ki entry ki ja sakti hai, jab k ye candle black real body main hone se pattern ka asar khatam ho jayega. Pattern par trading k leye risk ko kam karen jab k Stop Loss pattern k sab se bottom side par ya Spinning top candle k lower side se two pips below set karen.

Re: How to trade with ""Morning Star Candlestick Pattern"" in forex trading?

Introduction of morning star candlestick pattern.
Morning star candlestick three candlestick per mil kar ban'ny wala pattern hay jo downtrend kay end per banta hay. First candle bullish, second yani mid wali candlestick bullish ya bearish but small hoti hay, jab keh second candle long bullish candle banti hay. Jis kay bad price rising main jati hay aur uptrend main trading kay signals milty hain. Third candlestick jab gap up say open hoti hay to is waja say yeh advancing main jati hay aur price rise ki waja sy market trend bhi bearish say bullish reversal main shift ho jata hay.



Formation of morning star candlestick pattern.
Morning star candlestick pattern long down trend main jab bany to iski validity ziadah jani jati hay. Is main three candles hoti hain. First candle downtrend main long body bearish hoti hay. Second candle gap down say open ho kar bearish ya bullish body banati hy but yeh bahut small moment karti hay. Iskay bad ager next yani third candle upside gap banaye aur yeh upside rising main long bullish body banaye to he ham is pattern ki takmeel ko bullish reversal kay liye consider kar sakty hain.





Trading in morning star candlestick pattern.
Yeh pattern bullish reversal pattern hay is liye hamain is main buy ki he trade karni chahiye. Jab keh pattern ki formation kay bad pehly iski confirmation bhi lazmi hay. So is kay liye forth candle kay bullish hony ka wait karain. Jab yeh bhi bullish moment kary to hamain buy order place karna chahiye aur stop loss morning star candle kay lowest point per place karna chahiye.