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Homing Pigeon Pattern
Homing pigeon pattern two days candles par mushtamil aik bullish trend reversal pattern hai, jo k prices k bottom par ya bearish trend k akhtetam par banta hai. Pattern ki pehli aur dosri candle same bearish candles hoti hai jis main dosri candle pehli candle k andar open aur close hoti hai. Homing pigeon pattern ki dosri candle ki formation same "Bullish Harami Pattern" aur "Bullish Harami Cross Pattern" jaisi hai lekin aik to iss candle ka color black hoti hai, jo k "Bullish Harami Pattern" k candle main white hoti, dosra ye candle small real body ki hoti hai, jo k "Bullish Harami Cross Pattern" ki candle doji candle hoti hai, jiss ka open aur close same hota hai.
Homing pigeon pattern aik bullish trend reversal pattern hai, jo k prices k bottom par ya bearish trend main banta hai. Ye pattern bearish k kamzori ki nishan dahi karta karta hai. Dosree candle aik aik small real body wali bearish candle hoti hai jo uptrend ka ikhtetaam karti hai, jiss k baad prices bullish trend reversal ka sabab banti hai.
Candles Formation
Homing pigeon pattern two days candles par mushtamil ek bullish trend reversal pattern hai, aur downtrend k baad main bhi bannta hai to us k leye candles ki darrjazel format honi chaheye ;
1. First Candle: Homing pigeon pattern main pehle din ki candle aik long real body wali black/red hotee hai, jo prices k downtrend ki turrjumani kartti hai. Ye candle normal size aur bearish trend k mutabiq banti hai.
2. Second Candle: Homing pigeon pattern main dosre din ki candle bhi same black ya red candle banti hai, jo k prices k bearish trend ka ikhtetaam kartti hai, dosre din ki candle pehle din ki candle k real body k andar open aur close hoti hai.
Explaination
Homing pigeon pattern "Bullish Harami Pattern" aur "Bullish Harami Cross Pattern" se melta julta pattern hai, jo same bearish trend ko bullish trend me reverse kia jata hai. Homing pigeon pattern two days candles par mushtamil pattern hai, jis me pehlee aik long real body wali bearish candle hote hai, jis k baad dosree aik long real body wali small bearish candle banti hai. Pattern ki pehli candle prices k downtrend ki nishan-dahi kartti hai, ye candle size aur formation me normal long real body wali bearish candle hotti hai. Lekin dosre din ki candle aik small real body wali bearish candle hotee hai, jo k open aur close pehli candle k real body main hoti hai. Pattern ki dono candle bearish hone k bawajood bhi bullish trend reversal pattern ka kaam karta hai.
Trading
Homing pigeon pattern bhi dosre bullish trend reversal patterns ki tarah buy k signals deta hai. Pattern par trading ka tareeqay kar bhi "Bullish Harami Pattern" jaisa hai, jiss par market main buy ki entry ki jati hai. Pattern par trading se pehle prices ka baghawar study karlen k ya to ye downtrend me honni chaheye aur ya ye high level pe hon. Pattern ki pehlee candle normal long real body wali hotti hai, jis ko dosre din ki small bearish candle follow kartti hai. Homing pigeon pattern me dosre din ki candle ki formation bohut zarrori hai, jo k pehli candle k under honi chaheye, yanni candle ki open aur close dono pehli candle k open aur close se kam honi chaheye. Homing pigeon pattern k leye trend confirmation trade entry se pehle zarrori hai, jab bhi pattern k baad teesre din ki candle bearish ya white candle banne gi to ye market main me buy se entry karne ka time hoga. Stop Loss pattern k sab se lowest price ya bearish candle k bottom se aik ya do pips below resistance point par lagayen.
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