On-neck Bullish Candlestick Pattern
On-neck bullish candlestick pattern aik trend continuation pattern hai, jo k yaa to market k bearish trend k baad ya low price area me banta hai, lekin agar ye market k sideways trend me ban jaye to ye is k successful hone k chances ziada hote hen. Wese is pattern k kamyab hone k chances 33.8% hai. Ye pattern do candles par mushtamil hota hai, jis me 1st candle aik bari real white candle hoti hai, jo k sabeqa trend k tasalsul ki tarjumani karti hai. Pattern ki dosri candle aik small real body wali black candle hoti hai, jo k open to 1st candle se above gap me hoti hai, lekin close 1st candle k close point pe hai. Yani 1st aur 2nd candles ki closing price same hoti hai. On-Neck pattern ko Neckline pattern bhi kaha jata hai.
Pattern k Pehchan k Rules
- On-Neck bullish pattern k leye zarori hai k qeematen pehle se bullish trend ya high price area me ho.
- Pattern do candles par mushtamil hota hai, jis me 1st candle aik lambi bullish ya white candle hoti hai.
- Pattern ki 2nd candle aik small bearish ya black candle hoti hai.
- Pattern ki 2nd candle open to 1st candle k above se gap me hoti hai, lekin close 1st candle k close point pe hoti hai.
Pattern ki Tafseel
On-Neck bullish pattern do candles par mushtamil aik trend continuation pattern hai, jis k kamyabi k chances 33.8% hai. Pattern me 1st candle aik bari real body wali white candle hoti hai, jo sabeqa trend ki turjumani karti hai, jis k baad banne wali 2nd candle aik small real body wali black candle hoti hai, jis ka open position to 1st candle k above gap me hota hai, lekin close point same 1st candle k close point pe hota hai. Pattern ko Neckline pattern bhi kaha jata hai, q k 1st candle aur 2nd candle k closing point same hen.
Pattern pe Trading
On-Neck bullish pattern pe trading se pehle pattern k baad 3rd candle ki confirmation ka hona zarori hai, q k aik to pattern k kamyabi k chances 33.8% hen aur dosra confirmation se pehle pattern neutral tasawar hota hai. Agar pattern ki confirmation candle 2nd black candle k above close hoti hai, to ye area market me buy ki entry ka point hoga. Stop loss 1st white candle k lower side pe ya open position pe set hoga.
