What is candlestick and how to read it??
Assalam alaikum dear forum members umeed karta hn k aap sb khairiat se hn gy kr apka trading week bahut acha gaya ho ga.dear members roz marah ki trading maij hmara cnadlestick chart se taluq hota ha or agr hamen in candles ko read karna ni ata to hum achi trading ni kar paty.
esi lye aj ki post main huk candle sticks ko detail se study karen gy taa k hum inko read kar sken or inki readings ko use karty hovy achi trading kar sken.
What is candlestick??
Dear members candle stick basically price movememnt ko show karti ha forex market main. Ye rectangular shape vertical body hoti ha jo k price k opr jany py opr ki trf body bnati ha jb k price k nechy any py nechy ki trf body bnati ha.
Candlestick chart forex trading main sb se ziada use kia jany wala chart ha or isko smjhna bht important ha Q k ye technical analysis ki base ha.
jb tk candlesticks ko ni smjha ja skta tb tk technical analysis ni ho skta.
Aik candle hamen bht sari chzon k bary main information deti ha es lye es k parts hain jo k nechy ntaye gaye hain.
Real body
Open
Close
High
Low
Spike up
Spike down.
in tmam parts ko hum nechy tafseel se bayan kar rhy hain.
Real body:
members jahan se market ki price open hoti ha or jahan close hoti ha us area main candle stick ki body banti ha or esko real body kaha jata ha.
ab market proce opr ki trf bhi ja skti ha or nechy ki trf bhi to estrha candle stick ki body opr bhi banti ha or nechy bhi es lye eski 2 types hain.
jis candle ki body opr ki trf banti ha mtlb k jo price k barhny ko show karti ha wo bullish candle khlati ha.
jb k jo candle price k km hony ko show karti ha or eski body nechy ki trf banti ha wo bearish candle khlati ha.
In dono candles main color ka difference hota ha jo k ap apni marzi se select kar skty hain.
normally red bearish hota ha or green bullish.
Open;
Dear members jahan se market price open hoti ha or candle stock ki body ban'na start hoti ha usy open price kaha jata ha.
Close;
Dear members jahan py market ki price close hoti ha or candle stick ki body end hoti ha usy close price kaha jata ha.
Spike up;
members jb market main bullish candle banti ha or wo opr ja k wpais nechy ati ha to candle k opr ki trf aik shadow banta ha jsy spike kaha jata ha or ye selling pressure ko zhr karta ha k opr se market ko sell kia gaya jski wja se prices nechy aa gaen.
Spike down:
Dear members jb aik candle bearish bnti ha or nechy ki trf jati ha to us k bad agr pice opr aa jay to candle ki body nechy se khtm ho jati ha or nechy aik shadow banta ha jsko spike kaha jata ha.
ye buying pressure ko zhr karta ha k price nechy gai magars buyers ny price konopr push kar dia.
esi lye aj ki post main huk candle sticks ko detail se study karen gy taa k hum inko read kar sken or inki readings ko use karty hovy achi trading kar sken.
What is candlestick??
Dear members candle stick basically price movememnt ko show karti ha forex market main. Ye rectangular shape vertical body hoti ha jo k price k opr jany py opr ki trf body bnati ha jb k price k nechy any py nechy ki trf body bnati ha.
Candlestick chart forex trading main sb se ziada use kia jany wala chart ha or isko smjhna bht important ha Q k ye technical analysis ki base ha.
jb tk candlesticks ko ni smjha ja skta tb tk technical analysis ni ho skta.
Aik candle hamen bht sari chzon k bary main information deti ha es lye es k parts hain jo k nechy ntaye gaye hain.
Real body
Open
Close
High
Low
Spike up
Spike down.
in tmam parts ko hum nechy tafseel se bayan kar rhy hain.
Real body:
members jahan se market ki price open hoti ha or jahan close hoti ha us area main candle stick ki body banti ha or esko real body kaha jata ha.
ab market proce opr ki trf bhi ja skti ha or nechy ki trf bhi to estrha candle stick ki body opr bhi banti ha or nechy bhi es lye eski 2 types hain.
jis candle ki body opr ki trf banti ha mtlb k jo price k barhny ko show karti ha wo bullish candle khlati ha.
jb k jo candle price k km hony ko show karti ha or eski body nechy ki trf banti ha wo bearish candle khlati ha.
In dono candles main color ka difference hota ha jo k ap apni marzi se select kar skty hain.
normally red bearish hota ha or green bullish.
Open;
Dear members jahan se market price open hoti ha or candle stock ki body ban'na start hoti ha usy open price kaha jata ha.
Close;
Dear members jahan py market ki price close hoti ha or candle stick ki body end hoti ha usy close price kaha jata ha.
Spike up;
members jb market main bullish candle banti ha or wo opr ja k wpais nechy ati ha to candle k opr ki trf aik shadow banta ha jsy spike kaha jata ha or ye selling pressure ko zhr karta ha k opr se market ko sell kia gaya jski wja se prices nechy aa gaen.
Spike down:
Dear members jb aik candle bearish bnti ha or nechy ki trf jati ha to us k bad agr pice opr aa jay to candle ki body nechy se khtm ho jati ha or nechy aik shadow banta ha jsko spike kaha jata ha.
ye buying pressure ko zhr karta ha k price nechy gai magars buyers ny price konopr push kar dia.
