Explanation of Piercing line Candlestick Pattern

Aslam o alaikum. Dear members umeed karta hun k ap sab kheriat sey houn gey and forex par achi learning hasil kar rahy houn gey. Aj mein ap sab k sath aik boht important topic share karun ga jis ki knowledge ap sab k pas honi chaiye. Aj mein ap sab k sath piercing line candlestick pattern k bary mein discuss karun ga aur umeed karun ga k ap sab is pattern ko lazmi seekhen gey.


* What is Piercing line Candlestick Pattern ?

Dear members piercing line candlestick pattern aik strong bullish trend reversal candlestick pattern hai . Yeh currency pairs and commodities k price chart mein long bearish trend k bottom par banta hai. Yeh pattern all time frames mein work karta hai.
Trading k doran traders ko yeh pattern small timeframes mein check karna chaiye and long term traders ko yeh pattern bary timeframes H-4 and D-1 mein check karna chaiye. Yeh pattern aik boht he khas pattern hai. Is pattern k zariye hum market ki movements ko achi tarah samjh bhi sakty hein and in k zariye hum aik achi trading kar sakty hein.


* Explanation of piercing line candlestick pattern :

Dear members piercing line candlestick pattern aik bht mazbot bullish trend reversal pattern hai. Yeh two candles par mushtamil aik bullish candlestick pattern hai.
* Is pattern ki first candle Day-1 ki long real body ki bearish candle banti hai. Yeh market par sellers k strong hold ko show karti hai.
* Is pattern ki second candle Day-2 ki normal real body ki bullish candle banti hai jo first candle ki low k sath gap-down mein open hoti hai. Iska close first candle ki real body k 50% sey oper honi chaiye.


* Description :

Dear members is pattern mein third candle ki real body ki long real body ki bullish candle banti hai and is ka close first candle k high k oper hona chaiye. Piercing line candlestick pattern k valid hony k liye zaruri hai k yeh pattern price chart mein support level par banna chaiye.
Piercing line candlestick pattern par secure trading k liye zaruri hai k relative strength index indicator ko combination mein use karna chaiye. Is pattern ki formation k doran RSI line 30 k level k nichy oversold area mein honi chaiye and jab yeh pattern pura ho jaye then new candle k open par RSI line 30 k level ko cross above kar chuki honi chaiye.

Piercing line candlestick pattern par trading k liye zaruri hai k traders is pattern k complete hony ka wait kary and jab yeh pattern complete hojaye tou new candle k open par buy ki trade active karni chaiye. Piercing line candlestick pattern par trading k doran traders ko stoploss first candle ki low k nichy place karna chaiye and take profit ko next resistance level par place karna chaiye.

Re: Explanation of Piercing line Candlestick Pattern

Intro:

Forex market hmesha ksi na ksi pattern ki base per movement kr rhi hoti hai agar hm tamam patterns ko achi trha samagh lain to forex market mn hamary liye trade krna asan ho gata ha. Jb pattern ki base per market movement kr rhi hoti hai to aesy time per hm pattern k knowledge ky mutabiq trade open kr k bhot achi earning kr skty hain.
Forex trading mn piercing line pattern both important ha is sy confirm movement ka pta chlta ha is liye hmain pattern ko achi trha sekhna or smghna both zarori ha is lye hmain candle chart mn different patterns ko zehan main rakhna ho. Forex mn hum log itni mehnat krny gy to utny he kamiyab hon gy. Forex trading mn humain different patterns ko seekhna ho ga or achy trading k liye har pattern pe practice karna lazmi ha jab tak hum log proper pattern ko seek ni laty han or is main take profit or stop loss ka istamal is tahra karna ho ga k humy loss bilkal bi na ho or hum behtar earning kar saken.



Definition:

Piercing line pattern us wqat create hota hai jab market continue downward movement krty howe gaye aik bearish candle complete hony ky bad next candle kuch gap ky sath down sy start ho ker bullish candle is trha sy create ho k last bearish candle k more than fifty percent per close ho gaye to aesy main jo pattern create hota hai usko piercing line pattern kehty hain. jab yeh pattern complete hota hai tou usky bad market ki hundred percent movement ka uptrend start ho jata hai aur wahan per buy ki trade open ker ky ham bahot achi earning ker skty hain.



Explanation:

Bearish trend per candle ke pattern py aik aesa pattern bnta hai Jo Hmain market k bary mn support deta hai jisy hm Piercing Pattren bolty hain ye pattern hmesha support level per bnega Jb market mn ik strong down Trend ke bad market up gati hai aur Buy ka trend bnta hai aur ismn aap market ko analysis leny ke bad buy mn Apni trade ko perform kar sakte hain. Jb bhi Piercing candles pattern bnta hai to aapki trade buy mn zarur jati hai aap ismn trading krte hue apne liye faida bhi kar sakte hain Hamesha Koshish Kiya Karen ki Jab Bhi yah pattern bane to market ke trend ko follow karte hue apni trade ko buy Mein Rakha karen to aapko Jyada Se Jyada fayda mil sakta hai Jab Bhi Apne market Mein entry leni hai to candlestick pattern ko Dekhte Hue confidential candlestick sy entry leni hai Jab Bhi aap Piercing pattern py trading Karte Hain To is per kam karte hue hmesha stop-loss Jarur use Kiya Karen aur apni trading co successful banane ke liye is Pattren ko samajhte Hue apni trading co perform Kiya Karen aur zyada sy zyada Hard work krty rha karain.