Piercing Line Candlestick Pattern

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Piercing Line Pattern

Piercing line candlestick pattern aik strong bullish trend reversal pattern hai, jo k prices k downtrend ya low price area main banta hai. Ye pattern dekhne main same "Bullish Belt-Hold Candlestick Pattern" ya "Bearish Thrusting Line Pattern" jaisa dekhaye deta hai, lekin dosri bearish candle ki shape thori si difference honne ki waja se ye uss mukhtalif ban jata hai. Ye pattern do candles par mushtamil hota hai, jiss main pehli candle bearish aur dosri bullish candle hoti hai. Bullish candle ki haseyat ye hai k ye candle aik to bearish candle se below gap main banti hai aur dosra ye candle close pehli candle k midpoint se above hoti hai, jo k trend reversal ka sabab banti hai.

Candles Formation

Piercing line candlestick pattern trend reversal pattern honne ki waja se prices k bottom par ya bearish trend main banta hai, jiss se prices apne trend ko badalne main majboor ho jati hai. Pattern do candles par mushtamil hota hai, jiss ki tafseel darjazzel hai;



1. First Candle: Piercing line candlestick pattern ki pehli candle aik long real body wali bearish candle honi chahie, jo k bearish trend ya low prices ko zahir karti hai. Ye candle black ya red color main hoti hai.

2. Second Candle: Piercing line candlestick pattern ki dosri candle aik real body wali bullish candle hoti hai, jo k pehli candle k bottom par open ho kar ussi k midpoint se above close hoti hai. Ye candle lazmi 50% se above close honi chaheye. Ye candle color main white ya green hoti hai.

Explanation

Piercing line candlestick pattern two days candle ka aik bullish trend reversal pattern hai, jo k bearish trend ya low prices area main banta hai. Piercing line candlestick pattern k opening side par aik small wick ya shadow honi chaheye hai, q k issi tarah se ye pattern belt-hold line pattern se mukhtalef ban jata hai. Ye pattern prices k bottom par do candles se mel kar banta hai, jiss main pehli candle aik bearish candle hoti hai, jiss k baad aik bullish candle below gap main ban kar bearish candle k real body main darmeyan se ooper aur open price se nechay close hoti hai. Bullish candle ka bearish candle k open price se below lazmi close hona zarori hai.

Trading

Piercing line candlestick pattern ki pehli candle normal bearish trend wali candle hoti hai, jo k prices k bearish trend ki alamat hoti hai, jab k dosri candle pehli candle k lower gap main open honne k bawajood close pehli candle k 50% se above area main hoti hai, jiss se dosri candle ki mazboti zaher hoti hai. Pattern par trading se pehle market ka downtrend ya prices ka lower honna zarori hai. Pattern par trading se pehle trend confirmation ka honna zarori hai. Trend confirmation price action se bhi ho sakti hai aur kisi reliable indicator se bhi ho sakti hai. Pattern k dosri candle k bad agar aik real body bullish candle banti hai, to yahan par market main entry ki ja sakti hai. Stop Loss pattern k sab se lowest point jo umoman dosree candle ka lower ya open banta hai, se aik ya do pips below par set karen.

Re: Piercing Line Candlestick Pattern

Piercing Line Candlestick Pattern

Introduction:

Jab bhi bearish trend k last par aik bullish candle aisi ban jaye k wo open to last bearish candle se below gap main hon lekin close bearish candle k real body k midpoint se nechay ho, to aisey pattern ko "Piercing line pattern" kaha jata hai. Piercing line pattern Dark cloud cover pattern ka opposite pattern hai, jo do candles par mushtamil hota hai. Piercing line Candlestick Pattern aik bullish trend reversal pattern hai, jo ziada tar low price area ya bearish trend k baad hota hai. Ye pattern qeematon k bearish trend ko 2nd white k bare real body ki madad se khatam karta hai.

Pattern ki Pehchan ka Rules:

1. Piercing line pattern ka bearish trend main banne ki waja se aik bullish trend reversal pattern ka kaam karta hai.
2. Pattern do (two) candles par mushtamil hai, jis me pehle candle aik bari real body wali black candle hoti hai.
3. Pattern ki 2nd white candle 1st black candle se below thore se gap me open hoti hen, lekin baad me qeematon pe buying pressure ki waja se candle upward ja kar black me dakhil ho kar close ho jati hai.
4. Pattern me 2nd white candle black candle k real body k midpoint me ya us se thora sa above close hoti hai.

Pattern ki Tafseel:

Piercing line pattern do mukhalif colour (black and white) ki candles par mushtamil hota hai, jis me 1st candle aik black real body wali bari candle banti, jo k qeematon k downward side pe teezi dekhati hai. Dosra 2nd white candle ki open position black candle se below gap me hota hai, jo qeematon pe ferokht kunanda k dabao ko dekhati hai. Lekin market main bearish trend ya sellers ka ye dabao uss waqat khatam ho jata hai, jab aik bullish candle black candle k bottom par gap main open ho kar black candle k real body se thora sa upper close hoti hai. White candle ki aik bari real body market me qeematon pe bearish pressure ko khatam karne k sath sath bullish trend reversal ka bhi kaam karti hai.

Trading on Pattern

Piercing line pattern buyers k leye market main strong bullish signal deti hai, jiss se wo market main buy ki entry kar sakte hen.. Ye pattern agar market k centre me ban jata hai to is ka asar kam hota hai, lekin pattern ki ahmeyat us waqat ziada hoti hai, jab bhi ye pattern low price area ya bearish trend k baad banta hai.
Piercing line pattern me 2nd white candle ki real body aur position bohut ziada aham hai. Is pattern me candles ki wick ki koi ahmeyat nahi hai, lekin ye wick candle ki real body se kam hona chaheye ya candle ki real body k hise ko cover na karen. Piercing line pattern me 3rd confirmation candle ka intezar zarori hai, agar wo candle 1st candle aur 2nd candle k baad close hoti hai, to ye bullish trend ko confirm karne k leye kafi hai. 3rd candle k bearish ya doji candle banne se pattern ka asar invalid ya zaya jata hai, jiss se market main mazeed iss pattern ki koi value nahi rehti. Pattern k leye stop loss sab se bottom position jahan se bullish candle open hoti hai, se aik ya do pips below laga den.

Re: Piercing Line Candlestick Pattern

Walaikumu Salam! Dear trader apna Piercing Line Candlestick Pattern per trading k related bhot acha knowledge share kia ha. Man b apka sath is important pattern per trading k related apna knowledge share kerta hun. Umeed ha k ap sab members ko is sa faida hoga.

Importance of Candlestick Patterns:

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 Patterns currency pairs aur commodities k price chart man market price ki movement ko track kerna k liye use hona wala most important technical tool ha, jo trader ko market man safe trade entry aur trade exit levels ko identify ker k deta ha. Forex trading man trader kisi b currency pair ya commodity ko buy/sell kerna k liye candlestick patterns per depend kerta ha.

Piercing Line Candlestick Pattern:

Piercing Line Candlestick Pattern ak bullish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man long bearish trend k bottom per support level per banta ha. Ye pattern tamam timeframes man work kerta ha.

Identification of Piercing Line Candlestick Pattern:

Piercing Line Candlestick Pattern two candles per moshtamil ak bullish candlestick pattern ha, jo sorf support level per ban ker valid bullish trend reversal ka signal deta ha.

1. Is pattern man first candle Day-1 ki long real body ki bearish candle banti ha, jo market per sellers k strong hold ko show kerti ha.

2. Is pattern man second candle Day-2 ki long real body ki bullish candle banti ha, jo first candle ki low k sath gap-down man open hoti ha aur iska close first candle ki real body k 50% sa oper close deni chaheye.

3. Is pattern man third candle Day-3 ki long real body bullish candle banti ha. Ye candle is pattern k valid aur complete hona ki confirmation deti ha, is liye iska close second candle k high k oper hona chaheye.

Trading with Piercing Line Candlestick Pattern:

Piercing Line Candlestick Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara aur jab ye pattern complete ho jae to new candle k open per trader ko ""buy ki trade"" active kerni chaheye.

Stoploss and Take Profit:

Piercing Line Candlestick Pattern per trading k doran trader ko stoploss ko first candle ki low per place karen aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.
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