How to trade with ""Dragonfly Doji Candlestick Pattern"" in forex trading?

Assalamu Alaikum! Dear seniers and juniers, umeed ha k ap sab kheriat sa hon ga aur forex market sa daily basis per ak acha gain le raha hon ga. Dear traders forex trading ak risky business ha, is man traders ko bhot losses hota han, isliye forex trading ko acha sa seekh ker karen.

Importance of Candlestick Patterns:

Forex trading man trader kisi b currency pair ya commodity ko buy/sell kerna k liye technical analysis kerta ha. Technical Analysis k doran trader market price ki movement ko smajhna k liye price chart ko read kerta ha. Q k price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Candlestick Patterns currency pairs aur commodities k price chart man market price ki movement ko track kerna k liye use hona wala most important technical tool han, jo trader ko market man safe trade entry aur trade exit levels ko identify ker k deta ha.

Dragonfly Doji Candlestick Pattern:

Dragonfly Doji Candlestick Pattern ko ak strong bullish trend reversal candlestick pattern ha, jo currency pairs aur commodities k price chart man long bearish trend k bottom per banta ha aur price k tazi sa increase hona ko identify kerta ha. Ye pattern tamam timeframes man work kerta ha.

Intraday traders ko ye pattern small timeframes M-5, M-15 M-30 aur H-1 man watch kerna chaheye aur Long-term traders ko ye pattern bara timeframes H-4, D-1 aur W-1 man watch kerna chaheye.

Structure and Function:

Dragonfly Doji Candlestick Pattern ak single candlestick per moshtamil ak bullish candlestick pattern ha, jo price chart man sirf key support level per banta ha.

i. Is pattern man first candle no real body ki candle jiska lower longer aur upper wick smaller ya zero hota ha. Is candle ki open aur close same price level per hota ha. Is candle ko Dragonfly Doji Candlestick kehta han, jo buyers aur sellers k dermiyan indecision ko batati ha.



Note: Dragonfly Doji Candlestick ki lower longer wick jitni lambi ho itna he strong signal consider kia jata ha.

ii. Is pattern man second candle Day-2 ki long real body ki bullish candle banti ha, jo first candle ki open k sath gap-up man banta ha.



Trading with Dragonfly Doji Candlestick Pattern:

Dragonfly Doji Candlestick Pattern per trading k liye zarori ha k trader is pattern k complete hona ka wait kara aur jab ye pattern complete ho jae to new candle k open per ""buy ki trade"" active kerni chaheye.

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Stoploss and Take Profit:

Dragonfly Doji Candlestick Pattern per trading k liye zarori ha k trader stoploss ko Dragonfly Doji Candlestick ki low k nicha place karen aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.

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Re: How to trade with ""Dragonfly Doji Candlestick Pattern"" in forex trading?

WHAT IS A DRAGONFLY DOJI CANDLESTICKS PATTERN :





Dragonfly doji candlestick pattern market ka chart ma tab banya ga jab market ke price decline ho ge or is pattern ka bad market ke price rise ho ge. Ya pattern market ka chart ma ak he candle sa mil kar banya ga or is ak he candle ma jo market ke opening, closing, or high price ho ga wo market ma same level par ho ga ya pattern dakhna ma "T" shape ka ho ga or is pattern ke small candle ka lower ma ak long shadow ho ge ya shadow is doji sa many time loarger ho ga ya long shadow huma market ka reversal ka batay ge. Jab ya dragonfly doji pattern market ka chart ma banay ga to is sa phalay market ak strong bearish ka trend ho ga or market decline ho ge or jasa he ya pattern market ka chart ma downtrend ka bottom ma banay ga to ya market ke direction ko change kar da ga or market reversal ho kar bullish trend ke traf jana lag jay ge yani is pattern ma market ka bearish sa bullish ke traf reversal ho ga. Or ya dragonfly doji pattern market ka chrta ma uptrend ma bhi ban sakte ha or jab ya canlde market ka uptrend ka top ma banay ge to ya market ka current trend ko bearish ke traf reversal kar da ge. Is pattern ma traders ko ak strong signal milta ha market ka reversal ka previous trend sa.





UNDERSTANDING DRAGONFLY DOJI CANDLESTICKS PATTERN :





Dragonfly fly doji candlestick pat market ka chart ma downtrend ma bhi ban sakta ha or uptrend ma bhi jab ya pattern market ka uptrend ma banay ga to is pattern ka banay sa phalay market ka jo current trend ho ga wo bullish ka ho ga or is trend ka top par ya pattern market ko downtrend ke traf reversal kar da ga or jab ya pattern market ka chart ma downtrend ma banay ga to ya huma batay ga ka market ab or decline ni ho ge or ab marketing na reverse hona ha bullish ke traf. Ya dragonfly doji pattern market ka chart ma frequently ni banay ga magar jab bhi ya pattern banay ga to ya market ka trend ka opposite ke traf market ka move hona ka batay ga. Jab ya pattern market ka lower ma banay ga to jo market ka lower long shadow ho ga ya huma batay ga ka market ma ab or strength ni ha ka market or lower ke traf jay or jab is pattern ka lower long shadow market ka top ma banta ha to ya huma batat ha ka market ka buyer market ko lower ke traf la kar jana chata ha.





TRADING WITH DRAGONFLY DOJI CANDLESTICKS PATTERN :





Dragonfly doji pattern ma traders market ka current trend ka opposite ma trade ko enter kara ga. Jab ya pattern market ka chart ma uptrend ma banay ga to is ma jo dragonfly doji candle market ka top ma banay ge to ya traders ko batay ge ka market ma bull ka control lost ho gaya ha or market or uptrend ke traf ni jay ge or ab market ma bear na control kar liya ha ab market reverse ho ge uptrend sa downtrend ke traf. Or jab ya dragonfly doji candle market ka downtrend ma bottom ma banay ge to ya huma batay ge ka market ka jo bear ka pressure ha wo lost ho gaya ha or ab market ma bull ka pressure ha or ab market na high ke traf jana ha. Is ma trade ko enter karna sa phalay is pattern ke conformation karna bahot zarori ha jab ya pattern downtrend ma banay ga or is ke candle ka bad market ke price rise ho ge to is pattern ke conformation ho jay ge or traders is ma buy ke trade ko enter kara ge or jab ya uptrend ma banay ga yo is ka bad market lower ke traf ay ge or traders is ma sell ke trade ko enter kara ga.