Homing pigeon candlestick pattern:

Homing pigeon candlestick pattern:
koi bhi pattern ho usko understand karna bahut ziada zaroori hota hai, usko understand kiay bagair hm trading market mein apply nahin kar saktay , es ko understand karnay ka liay sab sa pehlay define kartay hain:
Definition:
"Yeh aik bullish reversal pattern hai jo keh prices ka bottom mein , two days ka bearish candle per consist karta hai, 1st candle always long real body bearish candle hoti hai, aur 2nd candle engulfed hoti hai."


Important points:
1. Es pattern ka Japanese name ;" shita banare kobato gaeshi " hai.
2. Es pattern ka forecast bullish reversal hota hai.
3. Es mein prior pattern downtrend hota hai.
4. Es ka opposite pattern ; descending hawk aur Bearish harami pattern hain.



Construction of homing pigeon:
Pehli candle: Es mein pehli candle downtrend mein banti hai , pehli candle black body ki hoti hai.
Dosri candle : Es mein dosri candle black body ki hoti hai aur es candle ki body prior candle mein engulf hoti hai.


Explanation:
Homing pigeon , aik 2 line Descending hawk ka bullish counter part hota hai . Yeh bullish harami pattern sa closely related hai . Yeh sab patterns harami pattern family sa belong kartay hain. Aik picture sa esko better understand kar saktay hain:

1st line jo aik black candle hoti hai, 2nd line ki black candle ko engulf karti hai. Es mein candle shadow ko length matter nahin karti . Pattern ki 1st candle koi bhi black candle ho sakti hai jo keh long line per appear hoti hai jesa keh : Black candle, long black candle , black marubozu candle , opening black marubozu , closing blacl marubozu etc.
2nd candle koi bhi black candle ho sakti hai, jo keh short ya long line ko tarah appear hoti hai jesa keh; short black candle, black candle, long black candle , black marubozu, opening black marubozu , closing black marubozu etc.
Bullish reversal pattern , homing pigeon downtrend mein form hota hai, q k eski zarorat hoti hai takeh reversal ko predict kar saken.

Confirmation:
Pattern ko subsequent candles per confirm karna chahiay . Yeh misal ka tor per resistance zone ka upward breakout ho sakta hai, ya pattern ka oper close honay wali trend line. Nahin to pattern ko appearance price decline ka temporary pause ho sakta hai. Hamen careful hona chahie q keh homing pigeon ki pehli line aik resistance area form karti hai.
Esko aik picture sa understand kartay hain:

Es picture mein high wave aur opening marubozu ka darmian mein aik strong resistance zone create hua hai. Aisi market context mein homing pigeon form hota hai. Es mein 1st line opening black marubozu aik doji candle sa close ki gai hai, jo keh market ka indecision indicate karti hai. Resistance area aik month ka liay work karta hai pher price upward break out hoti hai.

Example of bullish homing pigeon:
Aik bullish homing pigeon candlestick pattern meta mein appear hua, formerly facebook stock mein. Stock higher head kar ra tha , per pher pullback phase mein enter ho gya. Price lower move hui aur phir bullish homing pigeon pattern form ho gya. Aik picture dekhtay hain:


Pattern aik gap s follow ho kar higher hua ,next day strong rise show hua. Yeh sharp rise pattern ko follow kartay huay confirmation mein help karta hai keh pullback over hai. Agar low pattern ka below trade place ki jay to large stop loss ki need hogi es trade mein . kuch traders ka liay trade nullify hogi aur kuch stop loss ki placement change krtay hain. Es mein defined profit target ni hota .
Aik aur example dekhtay hain:

Es picture mein dekhain aik stock PEG jo keh bullish homing pigeon per publish hua, es mein confirmation sa market price , entry level sa above close hui. Es sa trade entry level retested hua. Phr yeh target achieve karnay mein fail ho gai aur stop ho gai.
Umeed hai apko achi understanding mili hogi. Aur kuch understand na ho to poch saktay hain.

Re: Homing pigeon candlestick pattern:

Assalamu Alaikum Dosto!

Homing Pigeon Candlestick Pattern

Homing pigeon candlestick pattern dosre trend reversal pattern ki nisbat apne candlestick formation ki waja se aik unique candlestick pattern hai, jis me dono candles aik hi tarah ka behaviour faraham karte hen. Homing pigeon two bearish candles ka ek bullish trend reversal pattern ha. Homing Pigeon low price main ziadda tar banne ki waja se trend reversal k kaam kartta hai. Homing Pigeon aur Bullish Harami candlestick pattern dekhne main aik jaise lagte hen, lekin homing pigeon k dono candles bearish jab k bullish harami pattern ki dosree candle bullish hoti hai.

Candle Formation

Homing pigeon chonkeh ziada tar market ya trend k sab se lowest point par banta haia ur mazeed prices lower position par jane se tazazub ka shikar hoti hai. Jaisa k uper bataya gaya k homing pigeon aik bullish trend reversal pattern hai, aur low prices area main bhi banta hai to us k leye candles ki darjazel format honi chaheye ;



1. First Candle: Homing pigeon candlestick pattern me first candle aik long real body wali bearish (black or red) candle honi chaheye, jo keh bearish trend k continuation ko bata rahee hoti hai. Ye candle strong bearish trend aur sellers ka market par control ki akasi karti hai. Jab k ziada strong real body hone ki waja se sellers mazeed prices ko downward push karte hen.

2. Second Candle: Homing pigeon me shammil second candle bhi same pehli candle ki tarah aik bearish candle hoti hai, lekin ye aik small real body wali bearish candle hoti hai, jis k open aur close first candle k open aur close k inside ho, dekhnw me ye candle bullish harami candle ki hi tarah hoti hai, lekin dono k color ka difference hota hai, baqi kaam aur trend behaviour dono candles ka iss position par same hota hai.

Explanation

Homing pigeon candlestick pattern ki haseyat aur candles ki formation bullish harami candlestick pattern se melti julti hai, faraq sirf dosre candle ki color ka hota hai, jo homing pigeon pattern me red aur bearish harami pattern me green hota hai. Bearish trend main prices ka harkat karne ki waja se homing pigeon ki pehlee candle aik bearish candle hoti hai, jo k pehle se chal rahe bearish trend ki alamat hotee hai. Pehlee bearish candle market main sellers ya bear ki power bhi batatti hai, lekin dosree candle pehlee candle k lower par open hone ki bajaye thora sa oper se open hoti hai, jis se market main buyers ya bull ka pressure ana shoro ho jata hai. Lekin dosree candle ab bhi upward nahi jatee, q k bearish trend ka asar abhi tak market me hota hai, jis se ye candle thori si down a kar close hotee hai, lekin pehlee candle k close position ko cross nahi karti.

Trading

Homing pigeon candlestick pattern bullish harami pattern ki tarah same behaviour deta hai, jiss par market me buy ki entry ki ja sakti hai, lekin uss k leye trend ka prices k lower position par hona zarori hai. Chart patterns me bohut sare aisay candles pattern maojood hen, jis ki format us k trend k akssar ulat kaam kartee hai, jis tarah se bullish homing pigeon pattern hai. Bullish homing pigeon pattern me pehlee candle aik long real body wali bearish candle aur dosree candle bhi same bearish pattern ki bantti hai, lekin size main small hone ki wajja se ye pattern trend reversal ka kaam karta hai. Traders k leye yanhan pe buy ki signal hote hen, lekin market main entry karnne se pehle trend confirmation ka hona zarrori hai. Agar dosree bearish candle k baad ek bullish candle bantee hai to ye trend reversal ka aur buy k trade ka signal hogga. Pattern k leye stop loss ki position pehli candle k sab se lowest point, ya jahan pe pehlee candle close howee hoti hai, par lagayen.