On-Neck Candlestick Pattern

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On-Neck Candlestick Pattern

On-neck candlestick pattern two days candles par mushtamil aik bearish trend continuation pattern hai, jo k lower trend k baad banta hai. Pattern aik bearish trend main uss waqat banta hai, jab market main aik bullish candle pechli bearish candle k nechay gap main open ho kar bullish real body banane k baad bhi pehli candle k close price se thora sa nechay close ho jati hai. Pattern main shamil dono candles ka close price same to nahi hota hai, lekin aik dosre k bohut qareeb hota hai, jiss se dono candles k darmeyan aik wazih gap ban jata hai. Pattern k mutabiq bulls market k control ko hasil karne main nakam hote hen, jiss se prices same bearish trend ko hi follow karti hai. Pattern k dono candles k closing price k darmeyan lazmi gap hona chaheye, basorat degar ye pattern bullish meeting line pattern ban sakta hai.

Candles Formation

On-neck candlestick pattern ki dosri candle k bullish hone k bawajood bhi market main investor ziada mutasir nahi hote hen. Jiss se prices same sabeqa trend k mutabiq bearish hi follow kia jata hai. Pattern main shamil dono candles mukhtalif pattern ki hoti hai, jiss mein pehli candle bearish aur dosri bullish hoti hai, jiss ki tafseel darjazel tarah se hoti hai:



1. First Candle: On-neck 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.

2. Second Candle: On-neck candlestick pattern ki dosri candle aik bullish candle hoti hai, jo k open to pehli candle k bottom par gap main hoti hai lekin close pehli candle k real body se nechay hoti hai. Ye candle color main white ya green hoti hai, jo k bearish trend ka khatam karne ki nakami ki sorat me bearish trend continuation ka sabab banti hai.

Explanation

On-neck pattern ko bearish continuation patteren ke tor par istemal kia jata hai, jo market mein musalsal neechay ki janib harkat ka ishara karta hai. Pattern k dosre din ki candlestick prices main waqfa dekhata hai, jahan bulls market mein wapasi ki koshash karte hen, lekin trend ko bearish se bullish mein tabdeel karne mein nakam hote hai. Pattern ka ahem nuqta yeh hai, k pattern ki dosri candle pehli candle k close price se nechay gap main ho kar bullish real body banane k baad bhi pehli candle k nechay close hoti hai. Pattern ye zahir karne ki koshash karte hen, k bears market main control hasil karne main nakam rahe hen, jiss se bears market ka control dobara hasil karte hen. Pattern ki dono candles mukhtalif formate main hoti hai, jiss main pehli candle bearish aur dosri bullish hoti hai. Dono candles real body main lazmi honi chaheye jab k ye candle shadow samet ya shadow k bagher bhi ho sakti hai.

Trading

On-neck candlestick pattern prices main bulls ki nakam koshash ko zahir karti hai, jiss se prices same bearish trend ko follow karti hai. Pattern ki dono candles k closing price k darmeyan lazmi gap banna chaheye, q k ye gap market main buyers k control ka nakam koshash hoti hai. Pattern par trading se pehle aik confirmation candle ka hona zarori hai, jo k real body main bearish honi chaheye aur dosri bullish candle k bottom par close honi chaheye. Pattern k baad bullish candle k banne se ye pattern invalid ho jayega. Pattern ki confirmation CCI, RSI indicator aur stochastic oscillator par value 50 zone se kam honi chaheye. Stop Loss pattern k sab se top position ya pehli candle k open price se two pips above set karen.

Re: On-Neck Candlestick Pattern

On-Neck Bearish Pattern

On-Neck bearish pattern aik bearish trend continuation pattern jo k qeematon k lower side pe ya bearish trend me paya jata hai. Pattern do mukhalif colour ki candles par mushtamil hota hai, jis me pehli candle aik bari real body wali black candle hoti hai, jis k baad banni wali 2nd white candle hoti hai. Ye pattern waqti tawar par qeematon k lower side pe tezi ko rokh leti hai, lekin trend ko reversal nahi kara sakti hai.

Pattern ki Pehchan k Rules

1. On-Neck bearish pattern k leye qeematon ka pehle se bearish trend me hona zarori hai, q k ye aik trend continuation pattern hai.
2. Pattern do candles par mushtamil hota hai, jis me 1st candle black aur 2nd candle white hoti hai.
3. Pattern ki 1st black candle aik bari real body wali black candle hoti hai.
4. Pattern ki 2nd white candle black candle se gap me open hoti hai, jab k close pe lower side pe hoti hai.

Pattern ki Tafseel

On-Neck bearish pattern do candles par mushtamil aik trend bearish continuation pattern, jis me 1st candle aik bari real body wali black hoti hai, jis ko aik white candle follow karti hai. Pattern ki 1st black candle k baad white candle lower side pe gap se open hoti hai, jab
k close black candle k wick (ya lower price) k nechay hoti hai. On-Neck bearish Pattern "Piercing Line aur Thrusting Line Patterns" ka aik na-mukamal version hai, jo k bearish trend k baad banta hai. Ye pattern "In-Neck pattern aur Meeting Lines Pattern" se melta julta hai, lekin trend continuation ki waja se aur 2nd candle ki format ki waja se un se mukhtalif hai.

On-Neck Pattern Pe Trading

On On-Neck bearish pattern qeematon k lower side pe banne k bawajood bhi bearish trend continuation pattern hai. Pattern ki 2nd white candle k black candle se lower pe close hona market me khareedaron ki aam-dilchaspi dekhati hai. Bearish trend confirmation k leye 3rd black candle ka intezar karna zarori hai, agar wo candle black banti hai, to ye sell ka signal hoga. Stop loss 1st black candle k top price pe set hoga.