how to trade ""dark cover clouds candlestick pattern"" in forex trading?

Assalamu Alaikum! Dear friends,

Forex trading mein trader kisi b currency pair ya commodity ko by sel karne ke liye technical analysis karta hai. Technical analysis ke dauran trader price chart ko read karta hai. Price chart patterns may changes, momentum or price ke trend mein change ko accuracy ke sath identify karta hai. Candlestick patterns currency pairs or commodity k price chart mein market price ki movement ko track karne ke liye use hone wale technical tools han. Isliye forex market mein trader candlestick pattern per dependent rahta hai.

Dark Cover Clouds Candlestick Pattern:

Dark Cover Clouds Candlestick Pattern ak trend reversal candlestick pattern ha, jo currency per commodity ke price chart mein long bullish trade ke top per banti hai. Is pattern mein long white candlestick ko black candle gap-up ke sath open ho kar half cover kar leti hai, isliye is pattern ka nam dark cover cloud rakha gaya hai.



Identification of Dark Cover Clouds Candlestick Pattern:

Dark cover cloud candlestick pattern two candles per mustamil ak bearish candlestick pattern hai.

I. Is pattern mein first candle long real body ki white (bearish) candle banti hai, jo market per buyers k strong hold ko show karti hai.

II. Is pattern mein second candle long real body ki black (bearish) candle banti hai, jo first candle k high k sath gap-up mein open ho kar first candle ki real body ke 50% k niche close deni chaheye.

III. Is pattern mein third candle confirmational candle hoti hai jiska close first candle ki low k niche hona chaheye.



Trading with Dark Cover Clouds Candlestick Pattern:

Dark cover cloud candlestick pattern for trading ke liye jaruri hai ki trader is pattern ke complete hone ka wait karen aur jab yah pattern complete ho jaye to new candle k open per sell ki trade active kar deni chaheye.

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Stoploss and Take Profit:

Dark cover cloud candlestick pattern for trading k duran trader ko stoploss second candle k high k upar place karna chaheye aur take profit ko next support level per place karna chaheye.

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Re: How to trade ""Dark Cover Clouds Candlestick Pattern"" in forex trading?

Assalamu Alaikum Dosto!

Dark Cloud Cover Candlestick Pattern

Dark cloud cover candlestick pattern aik bearish trend reversal pattern hai, jo price chart par do candles se mel kar banta hai. Pattern main shamil pehli candles bullish hoti hai, issi waja se pattern k leye prices ka pehle se high area ya bullish trend main hona zarori hai. Two days candles ki accuracy single day pattern se behtar hota hai, q k iss main aik candle thori bohut confirmation bhi deti hai. Jab bhi market main buyers prices ko aik khas level tak ooper push karte hen, to yahan par trend reversal k imkanat ziada hote hen, ye trend confirmation aksar kuch pattern se confirm ho jati hai, jiss main dark cloud cover pattern bhi shamil hai.

Candles Formation

Dark cloud cover candlestick pattern prices k uptrend ya higher par low demand ki waja se banta hai, jahan par trend reversal k ziada imkanat hote hen. Pattern main shamil candles mukhtalif pattern ki yanni bearish aur bullish hoti hen, jiss ki formation darjazzel tarah se hoti hai;



1. First Candle: Dark cloud cover candlestick pattern ki pehli candle aik bullish candle hoti hai, jo k prices ko uptrend ya bullish trend ki akasi karti hai. Ye candle bullish trend ko mazeed ooper ki taraf push karti hai, aur market main high demand ko zahir karti hai. Ye candle aik normal real body wali candle hoti hai.

2. Second Candle: Dark cloud cover candlestick pattern ki dosri candle aik bearish candle hoti hai. Ye candle pehli candle k top par gap main open hoti hai, jab k close ussi candle k real body k midpoint se thora sa nechay hoti hai. Pattern k bearish candle ko lazmi bullish candle k center point aur open price k darmeyan close hona chaheye, Ye candle bullish trend k khatme ka bahis banti hai.

Explanation

Dark cloud cover candlestick pattern prices main bullish trend k dowran ban kar prices ko mazeed ooper jane se rok leti hai. Ye pattern aik strong trend reversal ka signal deti hai. Pattern two days candles par mushtamil hai, jiss ki pehli candle aik strong bullish candle hoti hai, jo k prices k bullish ya up trend ki alamat hoti hai. Pattern ki dosri candle aik bearish candle hoti hai, aur iss candle ka open price pehli candle se gap main hota hai. Pattern ki dosri candle pehli candle k prices ko ooper jane se rokh deti hai, jiss se prices ka mazeed up-rise stop ho jata hai. Pattern ki dosri candle ka open pehli candle k close se top par gap main hota hai, jab k close pehli candle k real body main darmeyan se thora sa nechay hota hai.

Trading

Dark cloud cover candlestick pattern prices k top main banne ki waja se aik bearish signal genrate karta hai, jiss par market main sell ki entry ki ja sakti hai. Pattern par trade enter karne se pattern ki dosri candle aik confirmation candle ki zarorat parti hai, jo k real body main aik bearish candle honi chaheye, aur dosri candle k bottom par close bhi honi chaheye. Pattern ki confirmation CCI, RSI, MACD indicator aur stochastic oscillator se bhi ki ja sakti hai, jiss ki value overbought zone main honi chaheye. Pattern k baad bullish candle se pattern invalid tasawar kia jayega. Pattern ka Stop Loss sab se higher ya dosri candle k open price se two pips above par set karen.