Shooting Star Candlestick Pattern

Assalam Alakium Dear member aj mn ap k sath bht bht achi information share karny ja rahi ho Jo humry knowledge ko increase karti hai. Dear agr ap successful trading karna chahty hain to ap ko best knowledge or experiance ki zarorat hoti hai, Jo k bhot hi important hai. Technical analysis Different candlestick pattern par ban rahy hoty hain, in pattern main sy aik bahut hi familiar pattern main apko explain krna chahati hun, jis ko ap Forex trading mein shooting star candlestick patterns khety hain.



STRONG RESISTANCE LEVELS:



Dear main aapko ya batana chahti hun, ky shooting star candlestick patterns hamesha apko resistance level per mil sakhta hai, agar aap is candlestick pattern ko study karna chahte hain, tu aapko resistance level per aik reversal candlestick milti hai, Jo reversal trend ki confirmation krti hai. Es main aap ik achi entry lay kar apna acha profit bana sakhty hain es liye market jab resistance level ko jab break karti hain to market ka downtrend hota hai. Resistance level per aik reversal candlestick milti hai, Jo reversal trend ki confirmation krti hai.







WHAT IS SHOOTING STAR CANDLESTICKS PATTREN:



Dear Shooting star candlestick patterns basically aik reversal candlestick pattern hota hai, Jo apko market main aik strong uptrend ky bad available hota hai, jab market ka trend uptrend sy downtrend ki turf change ho raha hota hai. Is candlestick ko completely study karna hoga, otherwise ap ka analasis wrong ho sakhty hain.







IDENTIFICATION:



Dear Is candlestick ko carefully identify krna app ky liye important hota hai, ap is candlestick pattern ko easily identify kar sakhty hain. Ya candlestick pattern just one candlestick per depend kar raha hota hai. Is candlestick main apko aik eisi candlestick milti hai, jiski Shadow as compared to body of candlesticks zyda hoti hai.



STOP-LOSS IN SHOOTING STAR:



Dear members agar aap Forex trading mein is pattern ko study kar Kay market main enter hoty hain, tu apko hamesha last closing candlestick ki wick point to aap SL set karna cheye, kunk agar market wick level ko break Kar jati hai, tu phr market further upwards ja sakhti hai.



CHART IN ANALYSIS:



Dear market main agr ap successful trading karna chahty hai to ap ko different types k analysis pairs proper study karna ho gi jab ap market ko achi tara judgement karty hain to ap bhot zayda advantages available hoty hain es lye ap ko agr best entry leni hai to ap apny analysis strong karny hon gay.

Re: Shooting Star Candlestick Pattern

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.