Detail note on matching low candlestick pattern.

Asalamualikum dear members ummed Hy ap sb khariyat Sy hon gy or forex py mehnat kr k kamyabi hasil kr rhy hon gy.dear members aaj hm matching low candlestick pattern k bary mein baat krein gy.

What is matching low candlestick pattern :

Dear forex market Mein Jb Hm kam kr rhy Hoty Hain To Hamein us mein Soch smjh k kam krna hota hy or different candles tricks Ko Daikh kr trading krna Hoti Hy. Forex market Mein different pattern ban rhy Hoty Hain hr pattern ko ap achy tariqy sy identify kr skty hain. matching Low pattern price mein nichly state pr bnney wala aik two black Sy Mil kr bnney wala stand reversal pattern hy. Pattern mein dono Black or red candles same sport level ko down stair pr touch Krti Hain or Wapis us up side pr rebound Ho Jti Hain. Jo stand reversal ka Sabab Bnti Hain pattern k up site pr candles k high zaruri Nai hy Lekin dono candles k bottom hony chaheay sport level or resistance level ko achy tarike sy smjh skty hain or To ap es market Mein successful trading kr sakty hain. Ap market Mein achi entry Ly kr trading Krein Jb ap market mein achi entry lty hain to ap ko Acha profit mil Jta hy.or hm successful ho skty Hain.



Identification :

Dear members Forex market Mein Jb ap kam Krty Hain To matching low candlesticks pattern price ke bottom area Mein hony ke wja sy aik stand reversal ka pattern hy.
yeh pattern 2 candles pr mustamil hota hy jis mein dono candles black color ke hoti hy.
pattern ke first and second candles ke bottom ya lower price same hoti hy.



Explanation of pattern :

Dear member forex market mein Jb hm kam kr rhy hoty hain to us mein matching low and sticks pattern k liye zaruri hy k price chart k bottom Hona chaheay. Jb K pattern to candles k aik Bullish trend reversal pattern hy. Jis ke first candle aik black candle hoti hy jo yeh zahir Krti Hy. jab k second candles b same black candles hoti hy. jo trend reversal ka Sabab bnti hy. pattern ke dono candles ka bottom same point pr hota hy Jab candles ka upper side pr length Ka Hona Koi important limit Ka Hona zaruri Nai hy. Agr ap market mein proper pattern ko achi tariqy sy identify krty hain. To ap ko bht zyada benefit Milta hy or Market Mein different important analysis per completely study Krty hain To ap es market mein zyada Sy zyada advantages ko increase kr saky hain ap ko Hmesha Koshish Krna Hogi k proper market ko time dy, or best point pr entry Ly Jb ap market ko judgement kr rahy hoty hain. to us mein ap ko bhut zyada entries achi mil rahi hoti hy. jis mein ap achi earning kr sakty hain.

Trading strategy :

Dear friends forex market mein Jb ap kam kar rahy hote hain to us mein ap ko achi planning Kar k kam krna hota hy. Market ko achi tarike sy focus krna hota hy matching lock and stick pattern per trading k liye important hy k price market Ke current condition main bottom level pr trade kar rahi hy. yeh pattern wise b eik strong sport level pr bnta hy.pattern pr trade entry proper risk management k hisab sy honi chaheay agr ap es mein entry Ly kr trading karty hain to ap ko Acha profit Mil Jta hy. es liye ap ko Koshish Krna Hogi k ap zyada Sy zyada achy experience k sath kam Krein, or money management k sath kam Karein Tkey ap ko es market Mein Acha result miley.or hm successful ho skty Hain.

Re: Detail note on matching low candlestick pattern.

TABLE OF CONTENTSHIDE

1. Definition
2. How to identify the matching low pattern?
3. Matching Low Pattern: Information Table
4. What does the matching low candlestick tell traders?
5. Best trading conditions for matching low pattern
6. Conclusion

Definition

Matching low is a bullish trend reversal candlestick pattern that consists of two bearish candlesticks with the same closing price and no shadows on the lower side of candlesticks.
It will mostly form in stocks and indices. It is an indication of the beginning of a new bullish trend. Sometimes, a matching low pattern also acts as a bearish trend continuation pattern. But in most cases, it will act as a trend reversal pattern.

We will also discuss how to identify trend continuation or trend reversal in this pattern.
How to identify the matching low pattern?

The structure of the matching low pattern is made up of two bearish candlesticks.
Here’s the guide to find out matching low candlestick

• The first candlestick will be a big bearish candlestick that shows the high momentum of sellers in the market. The prior trend to this candlestick should also be bearish.
• The second candlestick will open with a gap up but within the previous candle range. Then it will close at the closing price of the previous candlestick. It will also be a bearish candlestick.
• On the lower side of both candlesticks, no shadows will form.

Matching Low Pattern: Information Table

Number of Candlesticks	2
Prediction	Bullish trend reversal
Prior Trend	Bearish trend
Relevant Pattern	Matching high candlestick

What does the matching low candlestick tell traders?

The psychology behind this pattern is that the sellers failed to make a new lower low. Buyers have created an intense level, and sellers cannot break that key level even after the second attempt.
Let’s read the price action.
When the first big body bearish candle forms, sellers are in complete control. They are controlling the market, and buyers are weak. Buyers are not even able to hold the price. That’s why the price is decreasing.
After closing the first candle, the second candlestick opens with a gap up. It shows that something is happening at that closing price because that key level caused the candle to open with a big gap up. After this, the second candlestick again closes at the closing price of the previous candle. It could not break the previous level to make a new lower low.
All the above price action shows that buyers are ready to increase the price, and a new bullish trend will start.
Best trading conditions for matching low pattern

The location of a candlestick pattern on a price chart matters a lot in trading. For example, if a bullish reversal pattern forms at the top of the chart, you will not get the full potential of a trend reversal because it should form at the bottom of the price chart.

In the same way, matching low pattern will work well when it forms at

• Support zone/ demand zone
• Overbought conditions

A matching low pattern will also act as a trend continuation pattern during certain conditions. So, to tackle this, you will always have to wait until the third candle forms. The third candlestick should be a big bullish candlestick, a confirmation candle. It should close above the previous candle’s opening price.
In short, wait for a bullish candlestick formation before confirming a trend reversal.
Conclusion

It would be best to use matching low candlestick for technical analysis purposes instead of a direct trading strategy because this pattern will offer you few opportunities in trading.