Introduction of piercing candlestick pattern and its importance

Ik profitable trade krne k liye different important candlestick pattern ko study karna zarori hota ha. Aaj main aap sa Piercing Candlestick Pattern ki kuch information share krna chati hoon.

What is the Piercing Candlestick Pattern ??

Dear members, piercing Candlestick Pattern support level per banany Wala pattern 2 candlestick per mushtamil hota hai. Jo aapko uptrend ki information or indications deta hai. Is candlestick pattern main aapko downtrend k bad buyer's pressure milta hai. Agar aap chart ko dekhen to aap is pattern ko easily identify kar sakte hain.

Identification of Piercing candlestick pattern:

Agr ap chart ko dikhn to ap ye notice krn ge, k Piercing Candlestick Pattern ko downtrend k bad support level per banta hai. Agr market mein yah pattern support level per nai banta, tu is pattern ki effectiveness zyda nahin hoti. Ye hamesha 2 different types ki candlestick say mil kr banta hai. Jis main first candle long bearish candlestick honi cheye aur 2nd candlestick bullish honi cheye, jo first candle k mid point say oper close hoti hai. Esi situation main market main buying ki trade kr sakhty hain.

Importance of Candlestick Pattern:

Agr market ko technically analyse karna chahte hain, tu aapko hamesha market mein available candlestick pattern ko study karna hota hai. Forex trading mein different candlestick pattern ki bahut zyda importance hoti hai. In candlestick ko study kr k ap ik achi trade kr sakte hain.

Interpretation of candlestick pattern

Dear members, yah pattern ap ko future bullish trend ki information daita hai. Forex trading mai trade open krne se pale pori planning krni hoti ha. Is se phlay stop-loss or take profit ki values ko acchi tarah calculate kar ka koi b decision lena cheye. Is candlestick pattern main stop-loss ki value last bearish candlestick ka closing values hota hai, or jab aap iska take profit set karna chahte hain, tu bearish trend Kay start his point sa hota hai, us point Tak aap ka take profit ki limit ho sakhti hai. Agr ap in rules ko follow karen to ap apne account ko save rakh kr Bohat achi trade kr sakte hain.

Re: Introduction of piercing candlestick pattern and its importance

Assalamu Alaikum Dosto!

Piercing Line Pattern

Piercing line pattern k aghaz main market ain normal bearish trend main downward movement kar rahi hoti hai. Lekin trend k akher main aik bullish candle pechle din ki candle se nechay gap main open ho kar ussi ki real body main darmeyan se above par close hoti hai. Ye pattern two days candles ka hota hai, jiss main pehli bearish candle hoti hai aur uss k baad agli din ki candle aik bullish candle hoti hai. Pattern ki dosri candle pehli candle se nechay gap main open hoti hai, lekin close bearish candle main taqreeban midpoint se ziada par hoti hai. Ye pattern same to same dekhne belt-hold pattern jaisa dekhta hai lekin iss me dosri candle k lower side par bhi wick ho sakti hai. Ye pattern high price par banne wala dark cloud cover pattern ka opposite hota hai.

Candles Formation

Piercing line pattern market main prices par bearish ka asarat ko khatam karne ki koshash karte hen, jo k do candles ka aik trend reversal pattern hai. Pattern main candles k opening prices aik dosre k opposite direction main hote hen, lekin dosri candle k closing price pehli candle k adhay hise ko overlap kar jate hen, jiss main candles ki formation darjazzel tarah se hoti hai;



1. First Candle: Bullish meeting line pattern main shamil pehli candle bearish hoti hai, q k ye pattern aik bearish trend k akher main banta hai, to ye candle color main black ya red hoti hai. Ye candle aik strong real body main honi chaheye.

2. Second Candle: Bullish meeting line pattern ki dosri candle bullish candle banti hai. Ye candle pehli candle se nechay gap main open ho kar ussi k midpoint se above close ho jati hai. Pattern ki ye candle aik white ya green color main hoti hai, jo k trend reversal ka sabab banti hai.

Explaination

Bearish trend main banne wala Piercing line pattern aik bullish trend reversal pattern hai jiss se market main prices apne current trend ko change karne ka muqa melta hai. Ye pattern two days candles par mushtamil hota hai. Jo dekhne main Belt-Hold Line Pattern se mushabehat rakhta hai. Pattern ki pehli candle aik strong bearish candle hoti hai, jiss se sabeqa bearish trend ki akasi bhi hoti hai aur prices k downtrend ka bhi ishara melta hai. Bearish candle ko aik strong bullish candle follow karti hai, jo k open to nechay gap main hoti hai, lekin close pehli candle ki real body main hoti hai aur wo bhi darmeyan se above hoti hai.



Trading

Piercing line pattern main pehli candle aik bearish candle hoti hai, jo k sabeqa downtrend ki alamat hoti hai. Jab k pattern ki dosri candle aik strong bullish candle hoti hai, jo open to pehli candle k lower par hoti hai, lekin close pehli candle k midpoint se above area par hoti hai. Pattern ki pehli candle k closing price aur dosre candle k opening point k darmeyan gap banta hai, lekin wo mehsos iss waja se nahi hota, q k bullish candle ki real body uss gap ko cover karti hai. Pattern par trading k leye zarori hai, k dosri bullish candle k baad aik aur real body wali white candle honi chaheye, jo pehli candle k midpoint se above close ho jaye. Stop Loss pattern k sab se lowest point ya bullish candle k opening point se two pips below set karen.