Importance of " Shooting Star Candlestick Pattern" in trading..

INTRODUCTION:

ASSALAMU ALAIKUM dear Fox member kaise hain aap sab log ummid hai ki aap sab theek honge aur Forex trading mein achcha workeout kar rahe honge. Dear members Forex 1 risky business hai hamen is ko proper money management ke sath use karna chahie aur hamen kabhi bhi overtrading aur Big lot ke sar kabhi bhi trading Nahin Karni chahie kyunki is se ham apna account wash kar sakte hain jisse hamara capital vyast ho jata hai aur hamara bonus 0 ho jata hai main hamesha pahle analysis karne chahie aur uske bad productive Karni chahie main aaj aapke sath ek important candlestick pattern discuss karta hun jo play shooting star candlestick pattern hai..

SHOOTING STAR CANDLESTICK PATTERN:

Dear members forex market mein shooting star candlestick pattern hamesha inverted hammer candlestick pattern ke opposite signal deta hai. Pattern bullish trend ke top per banta hai hai aur bearish pattern ka signal deta ha. Trader hamesha complete hone ka vate Karna chahie aur jab new candle open ho to trade active Karen aur shooting star mein agar new candle bearish bny trade active Karni chahie otherwise date active na Karen agar next candle bearish bny to trader ko sell ki trade active kerni chaheye. Stoploss ko shooting Star Candlestick Pattern k upper high per place kren. R take profit ko ko pas hi support level per place kara..



TYPES OF SHOOTING STAR CANDLESTICK PATTERN:

Dear members there are two types of Shooting Star Candlestick Pattern..

Bullish shooting Star.
Bearish shooting Star.

1: BEARISH SHOOTING STAR:

Dear members forex market mein bearish shooting star red colour ki hoti hai. Iski body k upper part ko Open point r lower ko closing point kehty hn..



2: BULLISH SHOOTING STAR:


Dear members forex market me bullish shooting star candlestick pattern green color ki hoti ha. R iski body k lower part ko open point kehty hn. R uper part ko closing point kehty hn..



IDENTIFICATION OF SHOOTING STAR:

Dear members forex market me shooting Star Candlestick Pattern ek bearish reversal pattern ha. Shooting Star Candlestick Pattern bullish r bearish dono ho skti hn. But agr ek shooting Star Candlestick Pattern bn jae to strong down-trend k chance increase ho jty hn..



TRADING STRATEGY WITH SHOOTING STAR:

Dear members forex market me shooting Star Candlestick Pattern ek important candlestick pattern ha trading ka.
Shooting Star Candlestick Pattern ek bearish pattern hota ha. Shooting Star Candlestick Pattern bullish trend k top per banta ha. Shooting Star Candlestick Pattern per sell ki trade active kerni chaheye..

Re: Importance of " Shooting Star Candlestick Pattern" in trading..

Dear friends trading Kay doraan Hamen baaz dafa forex k technical chart analysis me inverted hammer or shooting starse wasta prta ha jo Kay aik important cheez Hoti Hy forex trading me basically Kisi bhi pair Kay chart me shooting StarCandlestick Photo k matabik inverted hammer market k oper jane ka signal deti ha or shooting star neeche ane ka ap Photo ko achi focus kren to bht asani sy apko iski basic techniques pta chal skti Hy

Working Strategy of Shooting Star Candlestick
Shooting star inverted hammer shape key ho sakty hey shooting star ko bearish reversal pattern ka be name dia jata hay bullish trend key bad uptrend me inverted hammer shape ka ban jany ko shooting star ka name dia jata hay es key shape aur es ki identification ka hi jaiza lety hey


Shooting Star Similar with Inverted hammer
Shooting star candles (inverted hammar) ki tarha to ho sakty hey jo key red color key be ho sakty hey aur red color key be magar ye opposite signal provide karty hai shooting staruptrend me hi samny a sakty hey jes ki real body small jo key down side par aur legs bahot hi zeyda large up side me hoty hey

Opening Orders Using Shooting Star Candlestick
Jab Shooting Star Candlestick Pattern confirmation k bad new candle k open per trader ko ""Sell ki Trade"" active ker deni chaheye Stoploss ko Shooting Star Candlestick k high sa oper place karen aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen

Relation of Shooting Star and RSI
Shooting Star Candlestick Pattern k sath ager Relative Strength Index (RSI) use karen to trader ko mazeed confirm trade mil sakti ha Is pattern ki formation k doran RSI overbought area (70 k level k oper) hona chaheye aur jab trader trade entry le to us waqt RSI 70 k level ko cross ker k nicha ja rahe ho