how to trade with ""shooting star candlestick pattern"" in forex trading?

Assalamu Alaikum! Dear trader, aj man apka k sath ""Shooting Star Candlestick Pattern"" per trading a knowledge share karta hon. Umeed ha k sub trader ko is knowledge sa faida hasil hoga.

Importance of Candlestick Patterns in forex trading:

Forex trading trader kisi b currency pair ya commodity ko buy/sell kerna k liye technical analysis karta hai. Technical Analysis k doran trader market price ki moment ko smajhna ke liye price chart ko read karta hai. Price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlestick Patterns currency pairs or commodity k price chart mein market price ko track ker k trader ko safe trade entry aur trade exit level ko identify karta hai.

Shooting Star Candlestick Pattern:

Shooting star candlestick pattern ek bearish trend reversal candlestick pattern hai, currency pairs or commodities k price chart mein long bullish trend k top per banta hai. Ye pattern tamam timeframes mein acha tariqa se work karta hai.



Identification of Shooting Star Candlestick Pattern in Price Chart:

Shooting Star Candlestick Pattern single candlestick per mushtamil ek bearish candlestick pattern hai.

I. Is pattern mein first candle small real body ki bullish/bearish candle banti ha, jiska upper wick long aur lower wick smaller ya zero hota hai, is candle ko ""Shooting Star Candlestick"" kehta han jo buyers aur sellers k darmiyan indecission ko batati hai.

Note: Shooting Star Candlestick ki upper wick real body k double sa bari honi chaheye.

II. Is pattern man second candle ki long real body ki bearish candle banti ha, jo first candle ki real body k sath gap-down man banti ha.



Trading Shooting Star Candlestick Pattern:

Shooting Star Candlestick Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara aur jab ye pattern complete ho jae to new candle k open per""sell ki trade"" active kerni chaheye.

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Stoploss and Take Profit:

Shooting Star Candlestick Pattern per trading k doran trader ko stoploss Shooting Star Candlestick k high k oper place Karen aur Take Profit ko next support level per place kerna chaheye.

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Re: How to trade with ""Shooting Star Candlestick Pattern"" in forex trading?





What Is Shooting Star Candlestick Pattern..


forex market me (meteorite candle) ko Bearish Pattern b kehtay hn, in light of the fact that for the most part ye flame long upturn ko Bearish pattern men convert ker deti ha. Ye flame generally lengthy upturn k top per opposition level per creat hoti ha aur es ki creation ke baad downtrend start ho jata ha.(Meteorite Candlestick) bullish aur negative the two sorts ki ho sakti hain. however, both condition me bullish pattern k end honay and negative pattern k beginning ko anticipate krty hn. aur hooting star candle ki genuine body more modest hona must ha. Yah ek tiny flame hoti hai jo ke meteorite candle design ke start mein banti hai aur isko ham meteorite light kehty hin ..


Step by step instructions to Predict Shooting Star Pattern.


Meteorite candle 1 vital candle design hai isliye hamen isko recognize karna extremely essential hai aur jb tak ye design clear na ho jaye aur iski affirmation na ho jaye os time tk brokers ed per exchange dynamic nahin kar saktey. hamen above all else pattern kiconfirmation leni chahie and after that dealers ko exchange dynamic krni chahye.Falling star candle hamasha long upturn k top per show hota ha aur candle ki upper wick long hoti ha aur lower wick zero ya more modest hoti ha. Upper long wick purchasers ki power jo long-lasting se solid tension me that yet presently venders ki section ki waja se purchasers ki power feeble ho gya ha. eski mazeed affirmation k leye specialized pointers ko bhi use kiya ja sakta h.


How We Can Trade With Shooting Star Candle Pattern.


Falling star Candlestick k baad next flame poke negative me close hoti ha to new candle k open per dealer ko Sell ki Trade open kerni chaheye. jb new light past candle ke lower ko break nahin karti hai tab tak merchants ko market mein passage Nahin leni chahie.because jb eski affirmation os waqt hoti hai hit market mein next candle past flame ke low-level ko break kar jati ha aur osky baad dealers ko pattern ki affirmation mil jati ha.


Stop Loss And TP Planning


jub pattern ki affirmation ho jaye aur sell exchange place kr li jaye phir meteorite candle k undeniable level ya os se a few pips up side ka stop misfortune place kiya ja sakta ha jo exchange me 1 safe way ha.Take Profi ko next help levels per place kiya ja sakta ha.