What is Pipe Top & Pipe Bottom Pattern?

What is Pipe Top & Pipe Bottom Pattern?

Dear members ye aik double candle stick pattern hota ha.ye pattern hr time frame k lye useful ha lekin ye long time frame main acha perform karta ha.ye pattern reversal pattern hota ha jo k trend change hony ki nishani hoti ha.esko pipe ka nam es lye dia gia ha k es main 2 candles aik sth bnti hn or pipe ki shkl ki dkhti hain.
pipe top pattern bullish trend k end main bnta ha or ye trend reversal ki indication hota ha



jb k pipe bottom pattern bearish trend k end main bnta ha or ye trend reversal ki indication hota ha.es main bhi 2 candles aik sth bnti hain or pipe ki shkl ki dkhti hain.
baz oqat ye end of retracement ko bhi indicate karty hain.

Identification of this pattern?

Dear members pipe top or pipe bottom ki confirmation k lye nechy dye gye components lazmi hain.

Spikes: spike ka mtlb hota bht lmbi price movement jo k previous movement se zada ho or es main lambi candles banti ha. Ye 2 candles hoti hain jo k opposite direction main bnti ha 1 sell ki or 1 buy ki.

overlaps: 2 spike candles jb bnti hain to wo apni body ka zada tr hissa share krti hain mtlb k 70% dobo ki height matching hoti ha. Ye lazmi ni hota k high se le kr low to match hn. Es body matching ko overlap kaha jata ha.

Volume: ye es pattern ki validity ka important factor ha. Average se zada market volume involve hona chahye in spikes k banny main.

Confirmation :Es pattern ki confirmation ye hoti ha k es k bad jo next candle bny wo es pattern ki closing price se nechy pipe bottom main close ho .
jb k pipe top main next candle es pattern ki closing price ae opr close ho.


HOW TO TRADE IT?
Pipe bottom ki confirmation jb ho jy candle closing k bad to es main buy ki entry le skty hain or hmara stop loss pipe bottom ki closing ya us se nechy ho ga jb k profit target in spikes candles ki height k equal ho ga.



pipe top ki confirmation kr candle k es se opr close hony k bad sell ki entry le skty hain or stop loss pipe top ki closing ya us se nechy ho ga or profit target spikes candles ki height k equal ho ga.

Re: What is Pipe Top & Pipe Bottom Pattern?


Pipe Top & Pipe Bottom Pattern, ye aik bearish reversal pattern ha or ye bullish trend k end main banta ha es k bad market main trend reverse hota ha or market bearish jati ha. es lye es pattern main hamen achi sell ki entry mil jati ha.

Pipe top
Dear member pipe top aik pattern hai ye pattern top per end hota hai or nechy girna start hota hai jo image ham dakh rhy hain us mao up trend ko illustrate kiya ja rha hai bullish mai or ye pattern two candlestick ky sath end ho rha hai ,jab lowest hota hai of two lows ends tab market fall hona start hoti hai. pipe tops occur after a short-term uptrend and consist, yah ek weekly chart hota hai jo ke do candlesticks ko aapas mein ek karne ke liye use kiya jata hai ismein ham normal price ko dekhkar price range dekhe iski movement dekhe to hi ham it to understand karte hain ki ham is pattern ke liye jab tak khud ko manta tod per active rakhi ready nahin karte tab tak ham kam nahin kar sakte .

Pipe bottom
Pipe bottom aik pattern hai or pattern bottom per end hota hai or up jana start karta hai image mai ham ap jo bearish trend ko illustrate karty hain with bearish trend ky or ,pattern two candle ky sath end hota hai jab highest hota hai of two highs tab price ky rise hony ky chances hoty hain jaisa k picture mai show kiya gaya hai. pipe bottom occurs after a short-term downtrend and consists is mai consist karte hain candles ko aur ham isi consistent ke sath ek trading karte rahte hain ismein further ham yah sochte hain ki market mein hamari jo positive thinking hai jo hamara bhai point hai usko ham kaise lekar aaye agar ham nice mein dekhe to ismein average 66% same price level hote hain.

Ye Pattern kaisy kaam kerta hy ;-
Yeh pattern har aik time frame k liye useful hay lekn yeh long time frame main acha perform karta hay yeh pattern aik reversal pattern hay.Jo keh trend change hony ki allamat hoti hay is ko pipe ka naam is liy diya jata hay hay is main 2 candle aik sath banti hain or pipe ki shape ki nazar aati hain.