Detailed discussion about shooting star candlestick pattern

INTRODUCTION

Shooting star candlestick pattern aik single candle formation hoti hai , jo keh crypto traders reversal pattern ki identification mein use kartay hain.
Explanation:

• Crypto traders market mein entry lenay ka bad apni position ko trading mein exit karnay ka liay shooting star ko use kartay hain.

• Es ka sath sath yeh pattern market mein short entry lenay ka liay bhi use hota hai.
• Crypto traders shooting star pattern ko es liay bhi pasand kartay hain kyu keh esko spot karna bahut ziada easy hota hai.
• Trading mein successful signal ka liay yeh pattern use hota hai.
• Agar shooting star pattern ko dosray patterns ka sath compare kar ka use karen jesa keh Fibonacci retracements level ya dosray trend line levels.
• Conjunction mein jab signals ko use kartay hain to aik strong trading signal generate hotay hain.

understanding:

• Aik shooting star candlestick pattern tab occur hota hai, jab aik appreciating asset abruptly lower reverse karta hai, long upward wick ki formation kartay huay.
• Yeh bearish reversal candlestick pattern ki tarah view hota hai.
• Yeh pattern aksar appears top ki uptrends per occur hota hai
• Es pattern ki phycology bahut ziada complex Hoti hai.
• Pehlay trader uptrend ko dekhtay hain jis men prices continue strengthen ho rahi hoti hain.
• Nervous traders prices ko barhta dekh kar pareshan ho jatay hain aur foran uptrend mein buy ki trade execute kar detay hain.
• Jesay hi traders ziada sa ziada buy ki taraf jatay hain to bullish trend mein Yeh traders ko attract karta hai jo keh reversal ka strong set-up hota hai.
• Jesay hi market higher accelerate hoti hai.
• candles large aur bullish start hoti jati hain, pher market decline hoti jati hai jesay hi oper ki taraf ki gai thi aur candlestick wahan close hoti hai jahan open hui thi.

Identification:
Shooting star ka 4-parts hain jo keh aj ham understand karen gy
Attachment 60986

• Shooting star candlestick pattern point 1 per large uptrend sa start hota hai.
• Yeh bullish traders ka liay aik trap hota hai.
• Woh trend mein FOMO experience kartay hain.
• Next candle wahan hoti hai , jahan per traders trap huay thy , pehlay FOMO ki waja sa candle banti hai to traders kick in kartay hain
• Aur market mein uptrend influence karta hai, pher yeh large bullish candle point 2 show hoti hai.
• Pher trend reverse ho kar point 3 per retrace ho jata hai.
• Candle 4 small body ki candle hoti hai jo keh opening ka sath close ho jati hai.
• Yeh candle white , black , red , green kisi bhi color ki ho sakti hai.

Shooting star vs inverted hammer pattern:

• First agar dekha jay shooting star candlestick pattern inverted hammer ki tarah hota hai.
• Wesay yeh patterns same hotay hain bs bra difference yeh hai keh kahan occur hotay hain aur inki outcome kia hai.

Aik picture sa understanding kraty hain:

• Shooting star aik extended uptrend mein hota hai.
• Jab aik shooting Star extended uptrend mein hota hai to Correct lower new trend form hota hai
• Aik inverted hammer downtrend ka end per occur hota hai.
• Aik bar downtrend exhaust ho, buyers market Ko higher push karnay ki koshish kartay hain per unsuccessful hotay hain.
• aur market lower retreat hoti hai, upside mein large wick create hoti hai aur aik small candle body.

Shooting Star vs. Hammer Pattern:

• Shooting star aur inverted hammer pattern opposite show kartay hai.
• Agar ham significant difference dekhain en 2 patterns mein to woh yeh hai, shooting star candlestick ki aik long upper shadow (wick) hoti hai upside mein small lower body ka sath.
• Aik shooting star uptrend ka end per appear hota hai, aur eski presence imply karti hai keh market mein correct lower hogr.
• Hammer candlestick pattern mein aik long lower shadow hota hai aur aik small upper body hoti hai.
• Hammer pattern downtrend ka end per appear hota hai, aur eski presence imply karti hai keh market prevailing uptrend mein rally hogi.

shooting star ka key ingredients:
Uptrend — trend ki prices mein steady increase.
Long wick — aik swift bearish reversal creating aur aik long wick upside ki taraf, jo keh 2–3x the body ki length hoti hai.
Small body — candlestick pattern Ki kisi aik color ki small body hoti hai.
Stop loss:

• Shooting star mein stop loss ko samjhna bahut important hai.
• Shooting star mein jab candlestick upper position ka bad exit karay to stop loss sa account ko safe rakhen.
• Stop loss ki waja sa apka account safe hoga aur apko ziada loss ni Hoga aur apki trade minimum loss mein close ho jay gi.
• Stop loss ka bagair shooting star ka use bahut ziada harmful ho sakta hai.
• Esko trading mein use karen aur faida hasil karen .
• Stop loss s bahut ziada faida hoga.

Re: Detailed discussion about shooting star candlestick pattern

Shooting Star Candle In Forex Trading
Shooting star candle aik bohat hi power full reversal candle hai lakin is ki bhe apni value hai market me kub ya kam karti hai or kub ya fake signal deti hai ya sub cheezay hume nazar
me rakhna hoti hai hume forex trading business ke bare me learning karni chahiye learning se hi hume is market ke bare me pata chalta hai ke hume is me kaise profit karna hai
forex trading business aik bohat hi profitable business hai lakin is me kam karna asan nahi hai yaha per bohat kuch hai jis ko hume jaiza lena hota hai or trading karni hoti hai
Shooting Star
Shooting star aik candle hai jo ke reversal candle hai is jaisi or bhe candles hai jaisa ke hammer ya inverting hammer ya pin bar doji candles hai hume in me faraq karna ana chahiye
Shooting star candle me uper ki taraf candle ki dum hoti hai or nichay ki taraf small body hoti hai yani ya apni opening price ke thora sa uper close hoti hai or samll body banati hai
ya candle hume gar market me kahi mile tu hume samaj jana chahiye ke yaha se market ab revers le sakti hai agr hum profit me hai tu hume yaha se exit lena chahiye

Trading On Shooting Star Candle
Shooting star candle per trade karna asan hai lakin hume kuch baton ka dehan rakhna hota hai agr profit wali trade karni hai tu hume market me ya daikhna hai ke shooting star
candle kisi trend ke doran banay yani up trend ho ya down trend ho or ya candle ya tu resistance level per bane ya tu support level per banay tu hi hume is me trade karni hai
agr hume resistance level per shooting star mila hai tu hume shooting star candle ke uper apna stop loss rakhna hai or take profit kisi support level ke pass rakhna hai.