Golden Cross and Death Cross Trading in Forex Trading
Aslam o alikum!
Trading decision ko implement or judge karny kay laye technical analysis ka sahara leya jata hai. Technical analysis ma tons of data or chart ko observe keya jata hai. Kahe bar es purpose kay laye trend line ko use kiya jata hai. Zayada used hong waly pattern ma cup with handle pattern, head and shoulder pattern or double top, double bottom wagers shamil hain. Technical trader ko en patterns ko learn karna ana chahe es laye wo market ko better way sy judge kar sakty hain. Now agr golden cross or death cross ki bat ki jaye to ye exactly ik dosray kay opposite hoty hain. Golden cross ma long term bullish market ko going farward dekha ja sakta hai. Es he tarha death cross ma long term bear market ma ko show kehta hai. Ye both long term solid long term ko indicate karty hain.
Golden cross.
The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market.
Golden cross es time par nazar ata hai jb short term moving averge long term moving average ko upper side sy cross karti hai. Es time par trader market ma definite upturn ko dekhty hain. Basically short term moving average tends faster hoti hai long term moving average. Golden cross ki kuch stages hoti hain. Downtrend end ho jata hai or seller exhaust ho jaty hain. Second stage ye hoti hai jb short moving average long moving average ko upper side sy cross karti hai. Finally, market ma significant high trend dekha ja sakta hai.
Death cross.
What Is a Death Cross? The "death cross" is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving average—meaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of time—below a longer-term moving average.
Death cross ma market ma clearly down turn dekha ja dakta hai. Death cross es time par occur karta hai jb short term moving average long term moving average ko upper side sy cross karti hai. Market es cross ma golden cross kay opposite move karti hai. Es cross kay laye market ma pehle uptrend hona chahe. Or jb ye cross occur karta hai to market ma clear down trend dekha ja sakta hai. Secondly es cross kay occur karny sy hamy ye bi imformation melti hai kay market ma buyer exhaust ho chuky hain.
Key Takeaways
Jesa kay pehle discuss kiya ja chuka hai golden cross long term bull market or death cross long term bear market ko show karta hai. En both cross over ko significant mana jata hai jb ye high trading volume sy accompany hoty hain. Ik dafa jb cross over occur karty hain to long term moving average ko major support level or resistance level kay tor par consider kiya jata hai. En cross ma sy jb kio bi cross occur karta hai to wo trend change ko show karta hai.
