how to trade with shooting star candlestick 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. Dear traders forex trading ak risky business ha, is man traders ko bhot losses hota han, is liye forex ko acha sa seekh ker karen.

Importance of Candlestick Chart:

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. Candlestick Chart baqi tamam charts sa different hona ki waja is chart man banna wala chart patterns aur Candlestick Patterns k sath baqi b different tools trader ko easy ker k market man trade entry aur trade exit levels ko identify kerta ha, is liye all over the world candlestick chart ko use kia jata ha. Candlestick Chart price man change ko candlestick sa represent kerta ha. Ager trader ko candlestick ka acha knowledge trader ko successful trader banata ha.

Shooting Star Candlestick:

Shooting Star Candlestick ak small real body ki bullish/ bearish candle banti ha, jiska upper long hota ha aur real body k kam sa kam double sa bara hona chaheye aur lower wick smaller ya zero hoti ha. Is candle ka upper long wick price ki rejection ko show kerta ha jo market man buyers k weak hona ko show kerti ha aur traders ko batati ha k ab market k girna ka zyada chances han.

Identification of Shooting Star Candlestick in Price Chart:

Shooting Star Candlestick ak bearish trend reversal candlestick ha jo currency pairs aur commodities k price chart man long bullish trend k top per banti ha aur buyers aur sellers k dermiyan indecision ko batati ha.

Validation of Shooting Star Candlestick:

Shooting Star Candlestick Pattern k valid hona k liye zarori ha k ye candle resistance level per banna. Ager Shooting Star Candlestick bearish banna to isko zayada strong signal consider kia jata ha.

Trading with Shooting Star Candlestick:

Shooting Star Candlestick per trading k liye zarori ha k iska bad next candle ka close bearish man hona chaheye. Ager second candle bearish man close de to new candle k open per trader ko ""sell ki trade"" active kerni chaheye.

Stoploss and Take Profit:

Forex trading man koi b trader 100% accurate nahe ho sakta is liye market ki reverse movement ko mind man rukhta howa money and risk management ko follow kerta howa stoploss aur take profit ka use lazmi kerna chaheye. Shooting Star Candlestick per b trading k doran trader ko stoploss Shooting Star Candlestick k high per place kerna chaheye aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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Re: How to trade with Shooting Star Candlestick in forex trading?

Assalamu Alaikum Dosto!

Shooting Star Candlestick

Shooting star aik single candle par mushtamil pattern hai, jo k prices k top trend par bannti hai, aur prices ka bearish trend reversal ka kaam karti hai. Ye candle taqreeban shap main inverted hammer jaisa hi hai, lekin faraq ye hai k shooting star candle prices k top trend ya bullish trend main bantti hai. Shooting star candle ki aik small real body hotti hai, jis ka upward side par aik long tail ya wick hotti hai. Jab k ziadda tar candle k lower side par koi wick ya shadow nahi bantta hai. Aggar down side par aik small wick ban bhi jayye to bhi acceptable hai, lekin ziada long ya real body se sizze main bara na ho. Ye candle top trend par honne ki waja se hanging man candle ki opposite hotti hai, q k wo bhi top trend par bantti hai, lekin us ka shadow ya wick downside par hotta hai.

Candles Formation

Shooting star candlestick pattern top trend par bearish trend reversal ka kaam to kartti hai, lekin zarrori nahi hai, k ye candle bearish hi ho. Candle k leye top position ziadda aham hai. Candle ki formate darjazzel tarrah se honna chaheye ;



Shooting Star Candle: Shooting Star candle bullish ya bearish dono formate main ho saktti hai. Ye candle kisi bhi color main yanni black or red main ho kaam is ka bearish trend reversal ka hotta hai. Candle ki real body small aur upper side par aik long wick zarorr hona chaheye.

Explanation

Shooting star candlestick pattern k banne k pechay ki psychology ye hai k top trend par prices bullish trend k rules ko follow kartte howe pehle upward jatti hai, lekin baad main selling pressure ki waja se qeematen wappis gerr jatti hai, aur candle ki top prices k leye resistance ka role play kartti hai. Shooting star candle main prices upward janne k baad wapis open price k pass close ho jatti hai, jis par candle ki aik small real body banntti hai, aur upper side par aik long shadow ya wick hotti hai. Shooting star candle ki downside par wese to koi wick ya showedshadow nahi honna chaheye lekin aggar bann jaye to is se candle k formation par koi assar nahi partta hai. Lekin downside par ziadda nahi honi chaheye jis se ye candle "Spinning top" candle bann jaye. Candle k bullish ya bearish color se koi assar nahi partta hai.

Trading

Shooting star candlestick aggar long timeframe pa ho to bearish trend reversal ziadda mazzbot hogga. Pattern k upper sidebpar long wick prices ka resistance level show kartti hai, jiss se prices ka downward fall ziadda mustahkem hotta hai. Shooting star candle shape main inverted hammer candle jaisa hi hai, lekin prices k top par honne ki waja se difference bann jatta hai. Shooting star candlestick pattern par entry karne se pehle prices ka top area honna zarrori hai, dossra pattern k baad confirmation candle ya koi relaible indicator se help bhi zarror lenni chaheye. Aggar shooting star candle k baad aik long real body wali bearish candle bannti hai to ye aik strong trend reversal aur market main sell ki entry ki position hoggi. Stop Loss ki position pattern k top par ya shooting star candle k top se ek ya do pips upper set karen.

Re: How to trade with Shooting Star Candlestick in forex trading?

A.O.A! Dear seniers and juniers, umeed ha k ap sab kheriat sa hUn ga aur forex market sae daily basis per ak acha gain le rahay hun ga. Dear traders forex trading ak risky business ha, is man traders ko bhot losses hota hain, is liye forex ko acha thra seekh ker Karen. Thanks

Importance of Candlestick Chart:

Forex trading man trader currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read krta ha. Q k price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlestick Chart baqi tamam charts sae different honay ki waja is chart man banna wala chart patterns aur Candlestick Patterns k sath baqi b different tools trader ko easy ker k market man trade entry aor trade exit levels ko identify kerta ha, is liye all over the world candlestick chart ko use kia jata ha. Candlestick Chart price man change ko candlestick sa represent kerta ha. Ager trader ko candlestick ka acha knowledge trader ko successful trader banata hai

Shooting Star Candlestick


Shooting star ak single candle par mushtamil pattern hi, jo k prices k top trend par bannti hai, aur prices ka bearish trend reversal ka kaam karti hai. Ye candle taqreeban shap main inverted hammer jaisa hi hai, lekin farq ye hai k shooting star candle prices k top trend ya bullish trend main banti hai. Shooting star candle ki aik small real body hotti hai, jis ka upward side par aik long tail ya wick hotti hai. Jab k ziadda tar candle k lower side par koi wick ya shadow nahi bantta hai. Aggar down side par aik small wick ban bhi jayye to bhi acceptable hai, lekin ziada long ya real body se size main barha na ho. Ye candle top trend par honne ki waja se hanging man candle ki opposite hotti hai, q k wo bhi top trend par bantti hai, lekin us ka shadow ya wick downside par hotta hai.


Identification of Shooting Star Candlestick in Price Chart:

Shooting Star Candlestick ak berish trend reversal candlestick ha jo currency pairs aur commodities k price chart man long bullish trend k top per baanti ha aur buyers aur sellers k dermiyan indecision ko batati ha

Validation of Shooting Star Candlestick:

Shooting Star Candlestick Patern k valid honay ke liye zarori ha k ye candle resistance level per bana. Agr Shooting Star Candlestick bearish banna to isko zayada strong signal consider kia jata hai

Trading with Shooting Star Candlestick:

Shooting Star Candlestick per trading k liye zarori ha k iska bad next candle ka close bearish men hona chaheye. Ager second candle bearish man close de to new candle k open per trader ko ""sell ki trade"" active kerni chaeye.

Stoploss and Take Profit:

Forex trading me koi b trader 100perect accurate nhi ho sakta is liye market ki reverse movement ko mind man rukhta howa money and risk management ko follow kerta howa stoploss aur take profit ka use lazmi kerna chaheye. Shooting Star Candlestick per b trading k doran trader ko stoploss Shooting Star Candlestick k high per place kerna chaheye aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.

. thanku