Trading Signals with Shooting Star Candlestick Pattern

Dear friends trading Kay doraan Hamen baaz dafa forex k technical chart analysis me inverted hammer or shooting star se wasta prta ha. Jo Kay aik important cheez Hoti Hy forex trading me. Basically Kisi bhi pair Kay chart me shooting Star Candlestick Photo k matabik inverted hammer market k oper jane ka signal deti ha or shooting star neeche ane ka ap Photo ko achi focus kren to bht asani sy apko iski basic techniques pta chal skti Hy.



Working Strategy of Shooting Star Candlestick

Shooting star inverted hammer shape key ho sakty hey shooting star ko bearish reversal pattern ka be name dia jata hay, bullish trend key bad uptrend me inverted hammer shape ka ban jany ko shooting star ka name dia jata hay es key shape aur es ki identification ka hi jaiza lety hey.



Similarly with Inverted hammer Candlestick

Shooting star candles (inverted hammar) ki tarha to ho sakty hey jo key red color key be ho sakty hey aur red color key be magar ye opposite signal provide karty hey, shooting star uptrend me hi samny a sakty hey jes ki real body small jo key down side par aur legs bahot hi zeyda large up side me hoty hey.



Trading Signals

Jab Shooting Star Candlestick Pattern confirmation k bad new candle k open per trader ko ""Sell ki Trade"" active ker deni chaheye. Stoploss ko Shooting Star Candlestick k high sa oper place karen aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.

Re: Trading Signals with Shooting Star Candlestick Pattern

Shooting Star Candle

Shooting Star Candle aik single candle hai, jo k dekhne me same Inverted hammer candle ki tarah hai, lekin ye prices k top me paye jati hai. Shooting Star Candle k upper side par aik long shadow hota hai, jo k uss k real body ka taqreeban dugna banta hai. Candle ki real body zarror honi chaheye, jo k black and white koi bhi color me ho sakti hai. Shooting Star Candle k banne k pechay ki psychology kuch yon hoti hai, k prices bearish trend ya high area mae hone ki waja se achanak buyers ki pressure ki waja se mazeed bullish jane ki koshash karti hai, lekin market main sellers active hone ki waja se ye wapis nechay a jati hai. Shooting star candle bhi aik single candle pattern hai, jo k prices k top ya bullish trend main banti hai. Shooting star candle k aik small real body hoti hai, jiss ka upper side par aik lon shadow banti hai. Ye shadow Shooting star candle ki real body ka taqreeban dugna ya uss se ziada hota hai. Shooting star candle ki real body k lower side par koi wick ya shadow nahi banta hai, yanni candle ki real body ka lower aik "Bozu" candle hoti hai, lekin agar aik small wick ban bhi jaye to bhi acceptable hai, lekin bohut ziada lamba na ho jiss se candle ki hososeyat tabdeel ho jaye.

Candle ki Pehchan k Rules

1. Shooting Star Candle prices k top me banti hai, q k bottom par banne ki waja se ye inverted hammer candle ban jati hai.
2. Candle ki upper aide par aik long shadow hota hai, jo k real body ka taqreeban dogna ya uss se ziada hota hai.
3. Candle ki real body shadow k muqabele me bohut small size ki hoti hai, lekin open aur close prices la same point par nahi hona chaheye, nahi to ye "Gravestone doji candle" ban jayegi.
4. Candle ki color koi bhi ho ye candle ki hasseyat par koi asar andaz nahi hota. Ye candle top price me hone ki waja se bearish trend reversal ka kaam karti hai.

Explanation

Shooting Star Candle bhi long shadow candles (Inverted hammer, hammer candle aur hanging man candle) ki tarah aik small real body ki candle hai jiss ka upper side par aik long shadow hota hai. Candle ka shadow uss ki real body ka taqreeban dogna hota hai, jab k lower side par candle ki shadow nahi honi chaheye, agar small wick ban jaye to acceptable hai, lekin ziada long na ho iss se candle "Spinning top candle" ban jati hai. Candle ki real body bullish ya bearish dono main se koi bhi ho candle k specification uss se asar andaz nahi hote lekin candle ka top price main hona zarori hai. Ye candle aik small real body, jiss ka open aur close same nahi hona chaheye, k sath upper side par aik long shadow rakhti hai. Candle ka shadow real body ka taqreeban dugna ya uss se ziada hota hai. Candle k real body k lower side par aik small si wick to acceptable hai, lekin ziada lengthi nahi hona chaheye, jiss se candle ki hososeyat par faraq par jata ho, lekin bagher lower shadow ki ye candle ziada perfect hoti hai.

Candle par Trading

Shooting Star Candle bottom area ya high price area me hone ki waja se bearish trend reversal ka kaam karti hai. Ye candle long upper shadow k sath aik small real body main hoti hai, jiss se market main buyers ki mazboti ka indication melta hai. Ye candle single candle pattern hone ki waja se ziada reliable nahi hai, iss waja se pattern par trading se pehle prices k leye agli bearish candle ka intezar karen ya dosre trend following indicator ka istemal karen. Jiss se trend confirm ho aur ziada loss ka khatra na ho. Shooting star candle jo dekhne main aik inverted T jaise lagti hai, prices k top ya bullish trend main banne par bearish trend reversal pattern ka kaam karti hai. Ye candle bearish trend ya low prices par banne wali Inverted hammer candle ki tarah hi hoti hai, lekin prices ki position change hoti hai. Shooting star candle ki inverse Hanging Man candle hoti hai, jo k same bullish trend main bearish trend reversal pattern ka kaam karti hai. Shooting star candle par trade entry se pehle iss ki bullish trend ya top prices position ka hona bohut ziada zarori hai.

Re: Trading Signals with Shooting Star Candlestick Pattern

Assalamu Alaikum Dosto!

Shooting Star Candlestick

Shooting star candlestick price chart par bullish trend aur bearish trend k darmeyan main uss waqat banta hai, jahan se prices teezi se gerna shoro ho jati hai. Ye candle aik up-trend k dowran prices k mazeed upside rising ko stop karwa kar aik strong resistance level peda karta hai, jiss se prices bullish jane ki bajaye apna trend badalne par majboor ho jati hai. Candle aik single timeframe main bulls aur bears k market par control hasil karne k nateejay main uss waqat banti hai jab bulls pehle prices ko upward le kar jate hen, lekin din ka akhtetam tak ye prices wapis ger kar apne aghaz wale position k qareeb a kar close hoti hai.

Candles Formation

Shooting star candle ki reliability ka inhisar price chart par muntakhib karda timeframe par hota hai, jitna ziada timeframes lamba select hoga, candle ki haseyat ziada strong banti jayegi. Shooting star candle price chart par darjazzel hososeyat k sath banti hai;



Shooting Star Candle: Shooting star candlestick bullish trend main bulterteeb buying aur selling pressure ki waja se banti hai, jiss main candle ki ziada tar hososeyat bearish trend ki hoti hai. Ye candle small real body main hoti hai, jiss ka upper side par aik long shadow hota hai. Candle ki real body bullish aur bearish dono ho sakti hai, lekin ye candle bearish candle hi shumar hoti hai.

Explanation

Shooting star candlestick price chart par bulls aur bears k dabao ki waja se aik small real body ki candle banti hai. Candle k upper side par aik lamba shadow ya saya hota hai, jo market main prices k upside par strong resistance ko zahir kia jata hai. Candle k lower side par aik small real body hoti hai, jiss main prices aik dosre k qareeb close hoti hai. Ye candle aik long timeframe main ziada moasar hoti hai, jo agay market main tabdeeli ki akasi karti hai. Candle k lower side par wese to bara shadow nahi hona chaheye, lekin aik small si wick acceptable hai, jo ziada lamba nahi hona chaheye, jiss se candle k shape main tabdeeli peda kar sakti ho.

Trading

Shooting star candlestick par trading bhi deegar single candle pattern ki hi tarah se ki ja sakti hai. Ye candle aik strong aur long timeframe main hona zarori hai, q k small timeframes, jiss ko short term k trading main istemal kia jata hai, main ye candle bohut ziada kasrat se bante hen. Ye candle aik bearish signal deta hai, jiss par trading aik bearish confirmation candle k baad ki ja sakti hai, jo iss k baad lazmi lower side par close honi chaheye. Lekin agar iss k baad bullish candle banti hai, to iss ye candle trading k leye mazeed kaar-amad nahi rehti hai, jiss par market main entry nahi karni chaheye. Candle par Stop Loss sab se top position ya shadow k high price se two pips above set kia ja sakta hai.