forex trade with piercing line candle stick chart pattern

what is piercing line candle stick pattern;

piercing line candle stick pattern ko bullish say reversal candle stick kay tor par daikha jata hey yeh zyada tar trend reversal janay ka eshara karta hey jo keh down trend kay nechay wakay hota hey kun keh bulls market mein enter hotay hein or forex market mein prices ko oncha dahkail daytay hein piercing line candle stick pattern mein 2 candle stick shamel hote hein or 2 bullish candle stick pechle bearish candle stick kay down mein open hote hey es kay bad buyer prices ko increase kartay hovay pechle candle stick ke body 50% say opar close ho jate hein jaisa keh ap necha de gay tasweer say bhe daikh saktay hein




identification of piercing line candle stick pattern;



nechay deya geya trend kay trend kay diwn mein hotay hey
jo keh bearish or bullish candle stick par moshtamell hota hey
bullish candle bearish candle kay close honay say kam open hote hey
es kay bad bullish candle stick bearish candle stick ke body kay 50% ke body opar ja kar close ho jate hey
yeh trader ko batata hey keh mumkana trend opar ke taraf reversal janay walla hey
bear price kay es level par hosla khatam kar rahay hein



trade with piercing line candle stick pattern;


weekly EURUSD chart opar walla chart nellay rang mein wazah kea geya hey piercing line candle stick pattern ke majodge ko zahair karta hey aik stromg down trend jaisa keh lower level higher highs say zahair hota hey yeh mesal nechay kay trend kay tayon mein price action ka estamal kartay hovay wazah karte hey tahum trader zyada tar confirmation ko wazah karnay kay ley es pattern kay estamal ke tarjeh daytay hein jaisa keh moving aerage long period hey
jaisa keh pehlay beayn kea geya hey long trade mein enter honay say pehlay piercing pattern ke mazeed confirmation ke zaroorat hote hey RSI oscillayor ko reversal ezafe confirmation kay tor par samjha jata hey RSI aik oversold signal ko indicate karta hey piercing pattern ke darustage ko indicate karta hey

Re: forex trade with piercing line candle stick chart pattern

Assalamu Alaikum Dosto!

Piercing Line Pattern

Piercing line pattern jo k "Dark cloud cover pattern" k opposite direction main banta hai, two days candles par mushtamil hota hai. Ye pattern prices k bottom ya low price main banta hai, jo k bullish trend reversal pattern ka kaam karta hai. Pattern dekhne main same "Bullish Belt-Hold Pattern" aur "Bullish Meeting Line Pattern" se mushabehat rakhta hai. Ye teeno patterns prices k leye bullish trend reversal pattern ka kaam karta hai, jab k ye pattern bearish continuation pattern "Bearish Thrusting Line Pattern" se bhi formation main melta hai, jo k bearish trend continuation pattern hai. Ye pattern bearish aur bullish candles se mel kar bana hai.

Candles Formation

Piercing line pattern pehli din ki candle aik bearish candle hoti hai, lekin dosre din ki candle bullish candle k close prices par hone ki bajaye bottom gap main open ho kar ussi k midpoint se ooper close hoti hai. Pattern main shamil candles ki formation darjazzel tarah se hoti hai:



1. First Candle: Piercing line candlestick pattern ki pehli candle aik bearish candle hoti hai, jo prices k bottom par ya bearish trend ki continuation ka kaam karti hai, q k ye aik real body wali candle hoti hai. Ye candle black ya red color ki candle hoti hai.

2. Second Candle: Piercing line candlestick pattern ki dosri candle aik real body wali bullish candle hoti hai. Ye candle open pehli candle k bottom par gap main hoti hai, jab k close pehli candle k darmeyan se above hoti hai. Bullish candle green ya white color main hoti hai, jo k prices ko mazeed bearish jane se rokti hai.

Explanation

Piercing line pattern two days k candles par mushtamil aik bullish reversal pattern hai, jis me pehle din ki candle aik long bearish candle hottee hai, jo k market me pehle trend k mutabiq bantti hai, jab k dosre din ki candle aik long bullish candle hottee hai, jo k open to bearish candle se lower gap main hai, lekin close pehle candle k mid point se thora sa upper taqreebban 50% ya us se ziadda par hota hai. Dosre din ki candle bullish trend k aghazz k sath sath bearish trend k ikhtetaam ka bhi bahis batti hai. Ye pattern "Dark Cloud Cover Pattern ka opposite hai aur uptrend main bantta hai. Jab k pattern dekhne main same" Bearish Thrusting Line Pattern " jaisa hai.

Trading

Piercing line pattern traders ko buy ka signal deta hai, wahan pe trend reversal hone par humen market se exit hone k barre main bhi batatta hai. Ye pattern downtrend me banta hai, jahhan pe prices bohut lower par trade kar rahi hotti hai. Pattern pe trade karnne se pehle prices ka downtrend aur trend confirmation lazzmi confirm hona chaheye. Agar pattern k baad teesree candle bhi bullish bantti hai, to ye position market me buy ki entry ka hoga. Stop Loss pattern k sab se lower point ya bullish candle k low price se do pips below rakhen.

Re: forex trade with piercing line candle stick chart pattern

The Piercing Line is a bullish candlestick pattern that is commonly found in technical analysis. It occurs when a bearish candle in a downtrend is followed by a bullish candle that opens lower than the previous day's low but then closes above the midpoint of the first candle's body.

The pattern is considered to be a strong signal of a potential trend reversal, as it suggests that buyers are starting to gain control of the market. The piercing line pattern shows a shift in sentiment from bearish to bullish, indicating that buyers have entered the market and are willing to push prices higher.

It is important to note that while the piercing line pattern can be a strong signal, it should not be relied on alone. Traders should consider other technical indicators and market factors before making any trading decisions.