Assalamu Alaikum Dosto!
Shooting Star Candle
Financial market main jab bhi kisi assets ki prices aik din k aghaz se hi pehle bohut ziada upward jaye lekin din k ekhtetam tak wo wapis apni opening position k qareeb par jab close ho jate hen, to iss dowran jo candle banti hai, wo aik shooting star candle banti hai. Shooting star candle ki opening aur closing prices aik dosre k qareeb to hote hen, lekin candle k upper aik lamba shadow hota hai. Ye shadow prices k intehaye ziada satah ko zahir karti hai. Candle ki open aur close point aik dosre k qareeb hone ki waja se iss ki small real body banti hai. Shooting star candle ki lower side par ya to shadow ya wick nahi hona chaheye, lekin agar ban jata hai, to bhi acceptable hai, lekin bohut ziada nahi hona chaheye, jiss se candle ki shape badalne ka hadsha ho.
Candles Formation
Shooting star candle hai, jiss main candle ki aik small real body hoti hai, jiss ka open aur close aik dosre k qareeb hote hai. Ye candle prices main humen darjazzel tarah ki formation main ban kar ati hai;
Shooting Star Candle: Shooting star candle ki aik small real body k sath upper side par long shadow k hoti hai. Candle k prices k top par banne ki waja se bearish trend wali hososeyat hoti hai, jab k prices k top par candle ki color ki koi ahmeyat nahi hoti hai.
Explanation
Shooting star candle main aik din k dowran prices bohut ziada bullish ja kar wapis apni position k qareeb a jati hai. Ye aik single pattern color ki candle hai jiss ka open, close aur low price aik dosre k qareeb aik small real body hoti hai, lekin high price same nahi hoti. Dekhne main ye candle aik ulta T jaisi hoti hai. Ye candle prices k top par banne wali Gravestone doji candle aur prices k bottom par banne wali candle inverted hammer candle se melti julti hai. Shooting star candle prices k bottom par bullish reversal trend ka kaam karne wali doni candle hammer candle ki opposite hoti hai.
Trading
Shooting star candle main aik din k dowran prices bohut ziada bullish ja kar wapis apni position k qareeb a jati hai. Ye aik single pattern color ki candle hai jiss ka open, close aur low price aik dosre k qareeb aik small real body hoti hai, lekin high price same nahi hoti. Dekhne main ye candle aik ulta T jaisi hoti hai. Ye candle prices k top par banne wali Gravestone doji candle aur prices k bottom par banne wali candle inverted hammer candle se melti julti hai. Shooting star candle prices k bottom par bullish reversal trend ka kaam karne wali doni candle hammer candle ki opposite hoti hai.
Trading
Shooting star candle market main kisi assets ki prices ko aik bullish trend k dowran mazeed upper jane par rejection ka samna hota hai, jiss se prices wapis apne open price par close ho jati hai. Ye candle bullish trend k dowran ya high prices main banne ki waja se aik bearish trend reversal candle tasawar ki jati hai. Ye candle market main buying pressure ka khatme ka ishara hota hai, jiss se traders market main sell ki entry karte hen. Market main sell ki entry se pehle aik bearish trend confirmation candle ka hona zarori hai, q k ye aik single candle pattern hai. Bearish real body wali candle k bad market main sell ki entry karen. Stop Loss candle k sab se upper position ya candle k top se two pips above set karen.
