Complete discussion and trading on Piercing candlestick chart pattern.

INTRODUCTION:

Assalam o Alaikum.
Dear friends!
Piercing line pattern main aik bullish candle se bearish trend ki akhari candle par lower side se attack karke market main bearish trend ka khatma karti hai. Ye pattern two days candles par mushtamil hota hai, jiss main pehli candle aik long real body wali bearish candle hoti hai, jo k qeematon ko downward push karti hai. Pattern ki dosri candle aik bullish candle hoti hai, jo k open pehli candle se below gap main hoti hai, lekin close pehli candle k midpoint ya darmeyan se upper hai. Ye position taqreeban candle ka 50% above banta hai. Piercing line pattern ka opposite side ya bottom price par "Dark Cloud Cover Candlestick Pattern" banta hai, jo k bearish trend reversal pattern hai.
Piercing line pattern main prices bearish trend k khatme par aik strong bullish attack hoti hai. Jiss se bearish trend bullish main badal jata hai. Ye pattern bearish aur bullish candles par mushtamil hota hai. Jiski mazeed discuss main neechay explanation section main karunga.





EXPLANATION:

Dear friends!
Piercing line Candlestick Pattern main pehli candle aik bearish candle hoti hai, ye candle price k downtrend ko show kar rahi hoti hai, jo k black ya red color ki candle hoti hai. Ye candle aik strong real body main banti hai, yanni candle ki real body shadow se ziada hoti hai. Piercing line pattern ki dosri candle aik bullish candle hoti hai, jo k open to pehli candle k below par gap main hoti hai lekin close pehli candle k real body main hoti hai. Ye candle color main white ya green hoti hai, jo k bearish trend ka khatma karti hai.
Piercing line pattern two days candles ka aik bullish trend reversal pattern hai, jo k "Bullish Belt-Hold Line Pattern" se mushabehat rakhta hai. Ye pattern prices k low par ban kar same bullish trend reversal pattern ki tarah prices k bullish trend k khatme ka bahis banta hai. Pattern ki pehli candle aik strong bearish candle hoti hai, jiss ko aik bullish candle follow karti hai. bullish candle bearish candle k below par gap main open ho kar ussi k real body k darmeyan se above close hoti hai. Second candle ki closing point pehli candle k opening point se above nahi hona chaheye. Ye candle bullish meet line pattern ka bhi hum shakal hai.


Trading with Piercing candlestick:

Dear friends!
Piercing line pattern buyers ki achanak market main pressure ki waja se banti hai, jiss main market main sellers ki dabao ka khatma karke prices k bottom ko bullish trend main badal deti hai. Piercing line pattern par trading se pehle aik confirmation white candle ka hona zarori hai, jo k dosri candle k baad real body main honi chaheye, jiss par buyers market main buy ki entry kar sakte hen. Aggar pattern k baad black candle banti hai to pattern ki reliability khatam ho jati hai. Stop Loss k leye pattern ka sab se low position muntakhib karen, jo k dosri candle ka lower banega us se two pips below select karna chaye.




Shukrya.

Re: Complete discussion and trading on Piercing candlestick chart pattern.

Assalam o Alaikum.
Presentation:

Dear companions!
Penetrating line design fundamental aik bullish candle se negative pattern ki akhari candle standard lower side se assault karke market primary negative pattern ka khatma karti hai. Ye design two days candles standard mushtamil hota hai, jiss principle pehli light aik long genuine body wali negative flame hoti hai, jo k qeematon ko descending push karti hai. Design ki dosri flame aik bullish light hoti hai, jo k open pehli candle se beneath hole fundamental hoti hai, lekin close pehli candle k midpoint ya darmeyan se upper hai. Ye position taqreeban flame ka half above banta hai. Penetrating line design ka inverse side ya base cost standard "Foreboding shadow Cover Candlestick Pattern" banta hai, jo k negative pattern inversion design hai.
Puncturing line design principle costs negative pattern k khatme standard aik solid bullish assault hoti hai. Jiss se negative pattern bullish fundamental badal jata hai. Ye design negative aur bullish candles standard mushtamil hota hai. Jiski mazeed talk about primary neechay clarification segment principle karunga.



Clarification:

Dear companions!
Penetrating line Candlestick Pattern fundamental pehli light aik negative flame hoti hai, ye candle cost k downtrend ko show kar rahi hoti hai, jo k dark ya red shading ki candle hoti hai. Ye flame aik solid genuine body primary banti hai, yanni light ki genuine body shadow se ziada hoti hai. Puncturing line design ki dosri light aik bullish flame hoti hai, jo k open to pehli candle k worse than average hole principle hoti hai lekin close pehli candle k genuine body fundamental hoti hai. Ye candle shading principle white ya green hoti hai, jo k negative pattern ka khatma karti hai.
Puncturing line design two days candles ka aik bullish pattern inversion design hai, jo k "Bullish Belt-Hold Line Pattern" se mushabehat rakhta hai. Ye design costs k low standard boycott kar same bullish pattern inversion design ki tarah costs k bullish pattern k khatme ka bahis banta hai. Design ki pehli candle aik solid negative candle hoti hai, jiss ko aik bullish light follow karti hai. bullish light negative candle k worse than average hole principle open ho kar ussi k genuine body k darmeyan se above close hoti hai. Second flame ki shutting point pehli candle k opening point se above nahi hona chaheye. Ye flame bullish meet line design ka bhi murmur shakal hai.

Exchanging with Piercing candle:

Dear companions!
Penetrating line design purchasers ki achanak market fundamental tension ki waja se banti hai, jiss principle market primary merchants ki dabao ka khatma karke costs k base ko bullish pattern principle badal deti hai. Puncturing line design standard exchanging se pehle aik affirmation white light ka hona zarori hai, jo k dosri candle k baad genuine body fundamental honi chaheye, jiss standard purchasers market primary purchase ki passage kar sakte hen. Aggar design k baad dark light banti hai to design ki dependability khatam ho jati hai. Stop Loss k leye design ka sab se low position muntakhib karen, jo k dosri light ka lower banega us se two pips underneath select karna chaye.

Re: Complete discussion and trading on Piercing candlestick chart pattern.

Assalamu Alaikum Dosto!

Piercing Line Candlestick Pattern

Piercing line candlestick pattern aik bullish trend reversal pattern hai, jo price chart par do candles se mel kar banta hai. Pattern main shamil pehli candles bearish hoti hai, issi waja se pattern k leye prices ka pehle se low area ya bearish trend main hona zarori hai. Two days candles ki accuracy single day pattern se behtar hota hai, q k iss main aik candle thori bohut confirmation bhi deti hai. Jab bhi market main sellers prices ko aik khas level tak nechay push karte hen, to yahan par trend reversal k imkanat ziada hote hen, ye trend confirmation aksar kuch pattern se confirm ho jati hai, jiss main piercing line pattern bhi shamil hai.

Candles Formation

Piercing line candlestick pattern prices k downtrend ya lower par high demand ki waja se banta hai, jahan par trend reversal k ziada imkanat hote hen. Pattern main shamil candles mukhtalif pattern ki yanni bearish aur bullish hoti hen, jiss ki formation darjazzel tarah se hoti hai;



1. First Candle: Piercing line candlestick pattern ki pehli candle aik bearish candle hoti hai, jo k prices ko downtrend ya bearish trend ki akasi karti hai. Ye candle bearish trend ko mazeed nechay ki taraf push karti hai, aur market main low demand ko zahir karti hai. Ye candle aik normal real body wali candle hoti hai.

2. Second Candle: Piercing line candlestick pattern ki dosri candle aik bullish candle hoti hai. Ye candle pehli candle k bottom par gap main open hoti hai, jab k close ussi candle k real body k midpoint se thora sa ooper hoti hai. Pattern k bullish candle ko lazmi bearish candle k center point aur open price k darmeyan close hona chaheye, Ye candle bearish trend k khatme ka bahis banti hai.

Explanation

Piercing line candlestick pattern prices main bearish trend k dowran ban kar prices ko mazeed nechay jane se rok leti hai. Ye pattern aik strong trend reversal ka signal deti hai. Pattern two days candles par mushtamil hai, jiss ki pehli candle aik strong bearish candle hoti hai, jo k prices k bearish ya downward trend ki alamat hoti hai. Pattern ki dosri candle aik bullish candle hoti hai, aur iss candle ka open price pehli candle se gap main hota hai. Pattern ki dosri candle pehli candle k prices ko nechay jane se rokh deti hai, jiss se prices ka mazeed down-fall stop ho jata hai. Pattern ki dosri candle ka open pehli candle k close se bottom par gap main hota hai, jab k close pehli candle k real body main darmeyan se thora sa ooper hota hai.

Trading

Piercing line candlestick pattern prices k bottom main banne ki waja se aik bullish signal genrate karta hai, jiss par market main buy ki entry ki ja sakti hai. Pattern par trade enter karne se pattern ki dosri candle aik confirmation candle ki zarorat parti hai, jo k real body main aik bullish candle honi chaheye, aur dosri candle k top par close bhi honi chaheye. Pattern ki confirmation CCI, RSI, MACD indicator aur stochastic oscillator se bhi ki ja sakti hai, jiss ki value oversold zone main honi chaheye. Pattern k baad bearish candle se pattern invalid tasawar kia jayega. Pattern ka Stop Loss sab se lower ya dosri candle k open price se two pips below par set karen.