Overview of evening star candlestick patterns;

Dear forex trading aik risky business hai es liye es main ap ko experience ki zarorat hoti hai experiance k bagair bhot losses hota hain is liye is ko acha Learn karen. Trading ki understanding hi apko kamyabi ki taraf ly kar ja sakti hai. Candlestick pattern bahut ziada matter kartay hain , en mein sa aik evening star candlestick patterrn hai jisko samajhna zrori hai. Tou es pattern ki basics ko samajhna ki koshish kartay hain:

Candlestick Pattern:

• Candlestick Patterns price chart main currency pairs aur commodities ki price movements ko track kerna wala aik most important technical tool ha. Trader jab forex market main trading kerta ha to kisi b currency pairs ya commodity ko ""Buy/Sell"" kerna k liye ""Candlestick Patterns"" per depend kerta ha.
• Forex Trading main trader pehla currency pairs aur commodities ki movement ko smajhna k liye past price aur current prices ko smajhna k liye price chart read kerta ha. Q k price chart kisi b currency pair ya commodity ki price ki movement ko 100% accuracy k sath btata hai.

Evening Star Candlestick Pattern:

Evening Star Candlestick Pattern ak bullish trend reversal pattern ha jo currency pairs aur commodities k price chart man long bullish trend k top per resistance level k qareeb banta ha. Is pattern k complete hona k bad price bhot tazi sa nicha ki taraf fall kerti han. Ye pattern tamam timeframes man work kerta ha.

1. Evening Star Candlestick Pattern man first candle ""White"" colour ki bullish banti ha, is pattern man second candle small real body ki black candle banti aur third aur last candle is pattern ki long real body ki ""Black"" color ki candle banti ha. First candle white hona ki waja sa day ko represent kia gya ha aur second aur third ko ki black candle din k bad rat ko represent kerti han is lliye is pattern ko ""Evening Star Candlestick Pattern"" kehta han. Is pattern k bad kafi candles black color ki banti han jis ka mtlab ha k night start ho jati ha.
2. Identification of Evening Star Candlestick Pattern in Price Chart:
3. Evening Star Candlestick Pattern three candles sa mil ker banta ha.

• Is pattern man first candle Day-1 ki long real body ki ""White (bullish)"" ki banti ha jo market per buyers k strong hold ko represent kerti ha.
• Is pattern man second candle Day-2 ki small real body ki ""Black (Bearish)"" colour ki candle banti ya pher some times doji candle b ban sakti ha. Doji candle ager banna to trade signal mazeed confirm ho jata ha.
• Is pattern man third candle Day-3 ki long real body ki ""Black (bearish)"" colour ki candle banti ha. Jo bearish trend k start hona ka signal deti ha.

How To Trade The Evening Star Candlestick Pattern in 7 Steps

• Set the Right Chart Time Frame
• Get to Know the Open, High, Low, and Close Prices
• Wait for the Daily RSI to Cross Above 70
• Downgrade the Time Frame
• Short Selling
• Establish a Stop Loss
• (Hopefully) Take Your Profits!*

Re: Overview of evening star candlestick patterns;

Assalamu Alaikum Forex members umeed hai aap sab theek home ki aaj ka Hamara topic Hai overall view evening star candlestick pattern kya hai aur yah kis tarike se Forex Hue kam Karta Hai Iske bare mein Aaj Ham detail mein baat karte hain.





Evening star candlestick pattern:




Jab Ham evening star candlestick pattern ko dekhte hain to stock price Ke Chat Baton ko use Kiya Jata Hai technical analysis ko Dekhte Hue aur isko Dekhte Hue Samjha Jata Hai Jab Ham is couldn't ko rivers Mein dekhte hain to isko bearish candlestick ke consider karte hain aur usko three candle ko dekhte hain jaise ke large candlestick white Hoti Hai small body candlestick aur Iske alava read candlestick Hoti Hai Jisko Ham bahut acche tarike se follow Karte Hain.







How do you trade evening star candlestick pattern?










Evening star candlestick pattern Ko Jab Ham trading with dekhte hain to trade Lagane ke liye Ham sabse pahle isko bahut acche tarike se study karte hain jisse reading karna Aasan Ho Jaati Hai.





Evening star candlestick pattern ko three candle pattern Mein uski signal ki reversal market Mein dekhte hain aur usko use karte hain forex market mein.





Evening star candlestick pattern Ko three bearish reversal candlestick Mein Dekhte Hue uski pattern ko update kiya jata hai aur usko top uptrend Mela jata hai.




What is morning star and evening star candlestick pattern?





Morning star or evening star candlestick pattern ko middle candle of morning star captured rahata Hai Jiski movement ki market ke in decide Karke isko building karte hain Taki score acchi tarike se bulwaye mein dekha Ja sake third candle keegan from hone per version market Dekhi Jaati Hai jisse Maaf Kiya Jata Hai new uptrend ko opposite side per Iske Baton ko morning side per Dekhte Hue evening star Mein dekhte hain jisse Iske signal ke bare mein Pata Chalta Hai Jo ke reward Sar hota hai uptrend Se downtrend Ja Raha Hota Hai.

Re: Overview of evening star candlestick patterns;

WHAT IS AN EVENING STAR CANDLESTICK?

The Evening Star pattern is a three-candle, bearish reversal candlestick pattern that appears at the top of an uptrend. It signals the slowing down of upward momentum before a bearish move lays the foundation for a new downtrend.
HOW TO IDENTIFY AN EVENING STAR ON FOREX CHARTS

Identifying the Evening Star on forex charts involves more than simply identifying the three main candles. What is required, is an understanding of previous price action and where the pattern appears within the existing trend.

1. Establish an existing uptrend: The market should be exhibiting higher highs and higher lows.
2. Large bullish candle: The large bullish candle is the result of large buying pressure and a continuation of the existing uptrend. At this point traders should only be looking for long trades as there is no evidence of a reversal yet.
3. Small bearish/bullish candle: The second candle is a small candle - sometimes a Doji candle - that presents the first sign of a fatigued uptrend. Often this candle gaps higher as it makes a higher high. It does not matter if the candle is bearish or bullish as the main takeaway here is that the market is somewhat undecided.
4. Large bearish candle: The first real sign of new selling pressure is revealed in this candle. In non-forex markets, this candle gaps down from the close of the previous candle and signals the start of a new downtrend.
5. Subsequent price action: After a successful reversal, traders will observe lower highs and lower lows but should always manage the risk of a failed move through the use of well-placed stops.

Traders will often look for signs of indecision in the market where buying pressure subsides and leaves the market somewhat flat. This is the ideal place for a Doji candle to appear.
Evening Star Doji
Doji candles can be observed as the market opens and closes at the same level or very close to the same level. This indecision paves the way for a bearish move as bears see value at this level and prevent further buying. The appearance of the bearish candle after the Doji provides this bearish confirmation.
WHAT ABOUT THE MORNING STAR

The bullish version of the Evening Star is the Morning Star and it signifies a potential turning point in a falling market (bullish reversal pattern). The same analysis applied to the Evening Star can be implemented with the Morning Star however, it will be the opposite direction.
HOW TO TRADE THE EVENING STAR CANDLESTICK PATTERN

The Evening Star pattern can be observed in the EUR/GBP chart below, where there is an established uptrend leading up to the formation of the reversal pattern.
Looking at the chart, once the formation has completed, traders can look to enter at the open of the very next candle. More conservative traders could delay their entry and wait to see if price action moves lower. However, the drawback of this is that the trader could enter at a much worse level, especially in fast moving markets.
Targets can be placed at previous levels of support or previous area of consolidation. Stops can be placed above the recent swing high, as a break of this level would invalidate the reversal. Since there are no guarantees in the forex market, traders should always adopt sound risk management while maintaining a positive risk to reward ratio.
When trading the Evening Star on forex markets, the price will very rarely gap like they do with stocks and so the three-candle pattern usually opens very close to the previous closing level.
HOW RELIABLE IS THE EVENING STAR IN FOREX TRADING?

The Evening Star, like most candlestick patterns, should be assessed in line with the current trend and whether there is supporting evidence in favour of the trade, when looking at an indicator. Below are the advantages and limitations of the Evening Star pattern:

Occurs frequently in the forex market	A failed reversal is possible, and price could move further up
The pattern presents well-defined entry and exit levels
Evening Stars are easy to identify

FURTHER READING ON CANDLESTICK PATTERNS

• If you are new to candlesticks, read our guide to the top 10 candlestick patterns to trade the markets.
• There are many reversal patterns so it is important to be able to identify them in the forex market. Some of the top reversal patterns include:

- Bearish engulfing
- Bearish Harami
- Morning Star

• Test your knowledge of forex patterns with our interactive Forex Trading Patterns quiz.

Re: Overview of evening star candlestick patterns;

Hello everyone I hope sab theek ho aj ka hamara topic hai evening star candlestick pattern kya hai aur yah kis tarike se Forex Mein kam Karta Hai Iske bare mein Aaj Ham detail mein baat karte hain.


What is evening star candlestick pattern?

Evening star candlestick pattern covid Hum dekhte hain stock price Ke Chat petrol will use Karta Hai technical analysis ko Dekhte with biscuit train ko bahut acchi tarike se rivers Mein dekhte hain isko bearish candle pattern ko bahut acche tarike se three candlestick mein dekha Jata Hai jismein large white candle hoti hai aur small real body ko dekhta Hai Iske alava small body candle hoti hai aur red candle hoti hai jo bahut acche tarike se Iske Pattern ko Samajh Kar kam Karke trading ki Ja sakti hai.







When can I trade evening star?

Bahut acchi tarike se Iske near hote hain to and karte hain uptrend ko kis first Candid ko bahut acchi tarike se Logon aur bullish Kiya Jata Hai Jis me second candle ko Ham top per aur Iske signal Ko Indecision Karte Hain jo ki green or red Hoti Hai Jab Ham third Mein Dete Hain Aur Final candle Mein dekhte hain Iske signal perversion ko starting Hoti Hai vah buying ki site per Move ho raha Hota load hota hai jisse vah control Karta Hai price action.







What is evening star doji?
Evening doji star bahut acche tarike se long bullish candlestick ko follow karta hai jo FIR do ji ke gap ko Upar Lekar Jata Hai Jab Ham third Barish Kadam ko Puchte Hain To iska Gair downside per jata hai aur close Karta Hai within body ko first candle se evening doji star ko bahut jyada acchi tarike se bearish candlestick pattern ke reversal pattern Mein Dekha Hai Jo Kisi Mila Tor per evening star hai