What is pipe top and pipe bottom patterns??

Assalam alaikum dear members!es post main hum pipe top or pipe bottom candle stic patterns ko study karen gy hum dekhen gy k en ki indentification kia hoti ha or inko kesy trade kia jata ha

What is pipe top and bottom?

• Dear members ye aik double candle stick pattern hota ha.ye pattern hr time frame k lye useful ha lekin ye long time frame main acha perform karta ha.
• ye pattern reversal pattern hota ha jo k trend change hony ki nishani hoti ha.esko pipe ka nam es lye dia gia ha k es main 2 candles aik sth bnti hn or pipe ki shkl ki dkhti hain.
• pipe top pattern bullish trend k end main bnta ha or ye trend reversal ki indication hota ha
• pipe bottom pattern bearish trend k end main bnta ha or ye trend reversal ki indication hota ha.es main bhi 2 candles aik sth bnti hain or pipe ki shkl ki dkhti hain.
• baz oqat ye end of retracement ko bhi indicate karty hain.

Identification of this pattern?

Dear members pipe top or pipe bottom ki confirmation k lye nechy dye gye components lazmi hain.

Spikes:

• spike ka mtlb hota bht lmbi price movement jo k previous movement se zada ho or es main lambi candles banti ha. Ye 2 candles hoti hain jo k opposite direction main bnti ha 1 sell ki or 1 buy ki.overlaps:
• 2 spike candles jb bnti hain to wo apni body ka zada tr hissa share krti hain mtlb k 70% dobo ki height matching hoti ha. Ye lazmi ni hota k high se le kr low to match hn. Es body matching ko overlap kaha jata ha.

Volume:

• ye es pattern ki validity ka important factor ha.
• Average se zada market volume involve hona chahye in spikes k banny main.

Confirmation:

• Es pattern ki confirmation ye hoti ha k es k bad jo next candle bny wo es pattern ki closing price se nechy pipe bottom main close ho .
• jb k pipe top main next candle es pattern ki closing price ae opr close ho.

How to trade it?

• Pipe bottom ki confirmation jb ho jy candle closing k bad to es main buy ki entry le skty hain or hmara stop loss pipe bottom ki closing ya us se nechy ho ga jb k profit target in spikes candles ki height k equal ho ga.

• pipe top ki confirmation kr candle k es se opr close hony k bad sell ki entry le skty hain or stop loss pipe top ki closing ya us se nechy ho ga or profit target spikes candles ki height k equal ho ga.