discussion on morning star candlestick pattern

INTRODUCTION:
Asalam o alaikum dear forex members kesy hain ap sb log umeed ha k ap sb thk hon gy r forex trading ko enjoy kr rhy hon gy dear members forex trading ek bht hi acha platform ha
humy isky liye apny knowledge or experience ko increase krna chahiye or humy ziada se ziada hr pattern or Indicator ko learn krna chahiye ta ky hum technical tools ko use kren or apny
account ko gain kr saky r losses se dor rkhen r acha profit hasil kr sky is ly main apky sth forex trading ka important pattern jo k "Morning star candlestick pattern" ha apky sth detail se
share krta hn ta ky apko b isko smjh as sky

IMPORTANCE OF CANDLESTICK PATTERN:
Dear members forex trading me trader past r current prices ko compare krny k liye complex price chart ko read krta ha Price chart market price ki accuracy ko identify krny k ly
importante technical tools me candlestics pattern ha Candlestick ki formation trader ko price chsrt me "trade entry r trade exit" ko accuracy k sth identify krta ha Is liye main aj apky sth
"Morning star candlestick pattern" k related apna knowledge share krta hn

MORNING STAR CANDLESTICK PATTERN:
Dear members morning star candlestick pattern ek bearish trend reversal pattern ha. Jo long bearish trend k bottom par Support level par bnta ha is pattern me ek new
bullish trend start hota ha jo bht importance rakhta ha forex trading me ye pattern three candles ko mila

Re: Discussion on morning star candlestick pattern

Assalamu Alaikum Dosto!

Morning Star Candlestick Pattern

Morning star candlestick pattern price chart par maojood current trend ko up-trend badalne ka aik strong signal deta hai, jiss se prices k main maojood current bearish trend ka khatma ho jata hai. Forex trading market main jab bhi prices aik khas trend k mutabiq movement kar rahi hoti hai, to trader k leye ye janna bohut zyada mushkil hota hai k kis time prices main trend reversal hone wala hai, lekin jab bhi kuch pattern jaise morning star candlestick pattern prices k bottom ya bearish trend main bante hen, to yahan par traders ko aik signal mel jata hai, k ab yahan se trend reversal hone wala hai. Morning star pattern teen candles par mushtamil aik bullish trend reversal pattern hai, jo prices k bottom ya bearish trend k baad banta hai.

Candles Formation

Morning star candlestick pattern ka shumar bhi bullish trend reversal pattern main hota hai, jo k prices k bottom ya bearish trend k baad banta hai. Morning star candlestick pattern main candles ki formation darjazzel tarah se hoti hai;



1. First Candle: Morning star candlestick pattern ki pehli candle aik long real body wali bearish candle hoti hai, jo k prices k sabeqa bearish trend ki alamat hoti hai. Ye candle color main black ya red hoti hai, jiss real body shadow ki nisbat ziada hoti hai.

2. Second Candle: Morning star candlestick pattern ki dosri candle aik small real body wali candle hoti hai, jo ziada tar Spinning top candle hoti hai. Ye candle small real body k sath small upper aur lower shadow k sath hoti hai. Ye candle bullish ya bearish dono tarah se ho sakti hai.

3. Third Candle: Morning star candlestick pattern ki teesri candle aik bullish candle banti hai, jo k sabeqa trend ka khatema karke new bullish trend reversal ka sabab banti hai. Ye candle strong bullish candle hoti hai, jiss ka upper ya lower side par small wick ho sakti hai, lekin ye Spinning top candle se above side par gap main banna chaheye.

Explanation

Morning star candlestick pattern prices k bottom main bearish trend ka khatma karta hai, jo teen mukhtalif patterns k candles par mushtamil aik strong bullish trend reversal pattern hai. Pattern ki pehli candle market main maojod sabeqa bearish trend k mutabiq aik bearish candle hoti hai, jo prices ko nechay ki janib push karne ki koshash karti hai. Ye candle aik strong bearish candle hoti hai, jo market ki maojoda bearish trend ki mazboti dekhati hai. Pattern ki dosri candle aik small real body wali candle hoti hai, jo k umoman aik Spinning top candle hoti hai. Ye candle prices ko mazeed nechay jane se rokne ka kaam karti hai. Pattern ki akhari candle aik bullish candle hoti hai, jo k Spinning top candle k top par banti hai. Ye candle trend reversal aur prices ko upward push karti hai, jiss se market ka current trend bullish ho jata hai. Pattern ki pehli aur akhari candle taqreeban parallel hoti hai, jab k center wali candle dono k darmeyan main nechay gap ya gap k bagher ho sakti hai.

Trading

Morning star candlestick pattern main dosri small candle prices ko mazeed nechay jane se rok kar market ki current trend k change hone ka aik sihnal deta hai, jab k pattern ki last bullish candle current prices ko bullish trend main divert karwati hai. Pattern market main aik strong bullish sihnal deta hai, jiss par buy ki entry ki ja sakti hai. Pattern k baad aik bullish trend confirmation candle ka hona zarori hai, jo k real body main bullish bhi honi chaheye aur teesri candle k top par bhi close honi chaheye. Pattern k baad bearish candle pattern k asarat ko khatam kar dete hen. Pattern ki confirmation CCI, RSI indicator aur stochastic oscillator se bhi ki ja sakti hai, jiss par value oversold zone main honi chaheye. Pattern ka Stop Loss sab lower point ya pattern k dosri candle k bottom se two pips below set karen.