bullish meeting line pattern......

Aslam u alaikum,

Dear forex member umeed karta hun aap sab khairiyat se honge dear members Bullish meeting lines candlestick pattern main two candles involve hoti hain, jin main sa aik bearish aur dusri bullish hoti hay, ye dono candles apnay close points par aik dusray sa meet karti hain matlab aik candle ka closing point dusri kay closing point kay similar hota hay,

Formation of Bullish meeting lines pattern:





is pattern main two candles hoti hain, jis ka matlab ye nhi kay isay easily spot kar lia jay, iskay liay hmain kuch conditions confirm karni hoti hain, jin main pehli condition ye hoti hay kay market clear downtrend main move kar rahi ho, pehli candle long bearish hoti hay us kay baad long bullish candle appear hoti hay jis ki closing price first candle ki price kay same hoti hay, ye pattern innect, on neck, thrusting pattern aur bullish piercing pattern kay kafi similar hota hay,

Interpretation of meeting lines pattern:



Bullish meeting lines pattern main pairs ki prices downtrend sa reverse honay ko indicate karta hay, perticular pair aik cheap situation sa expensive situation main move krta hay, pattern main pehli candle prices kay panic ki waja sa low close karti hay jab kay second candle low par open ho kay buyers sentiments ko show to karti hay lakin in main itni power nhi hoti kay prices ko previous candle ki high ya open tak reverse kar sakain, lihaza ye previous candles kay low tak hi mehdood rehti hain,

Trading tactics:



is pattern ki occurence bulls aur bears kay darmian settlement ko show karti hay, bearish candle ki appearence market main downtrend ko zahir karti hay jab kay bullish candleis moment ko counter karti hay aur prices ko dobara up push karti hay, is main stoploss ko last low level par set karna chaiay aur last candle kay above buy level consider kia jata hay

Assalamu Alaikum Dosto!

Bullish Meeting Line Candlestick Pattern

Bullish meeting line pattern dark cloud cover candlestick pattern ki tarah aik bullish trend reversal pattern hai jiss main aik candle apne se pehle din ki candle par lower side se gap main open ho kar attack karti hai, jiss k nateejay main bearish trend ka khatma ho jata hai, iss waja se iss pattern ko bullish counterattack pattern kaha jata hai. Ye pattern bearish trend ya bottom of the price main banta hai, jo k two days candles par mushtamil hota hai. Pattern ki pehli candle aik real body wali bearish candle hoti hai, jo k prices main bearish trend ki trend ki akasi karti hai, jab k dosre din ki candle aik real body wali bullish candle hoti hai, jo k pehli candle se below gap main open ho kar ussi k same close par close hoti hai.

Candles Formation

Bullish meeting line pattern trend reversal pattern honne ki waja se prices k bottom par ya bearish trend main banta hai, jiss se prices apne trend ko badalne main majboor ho jati hai. Pattern do candles par mushtamil hota hai, jiss ki tafseel darjazzel hai;

1. First Candle: Bullish meeting line candlestick pattern ki pehli candle aik long real body wali bearish candle honi chahie, jo k bearish trend ya low prices ko zahir karti hai. Ye candle black ya red color main hoti hai.
2. Second Candle: Bullish meeting line candlestick pattern ki dosri candle aik real body wali bullish candle hoti hai, jo k pehli candle k bottom par open ho kar ussi k close point par same ye bhi close hoti hai. Ye candle color main white ya green hoti hai.

Explaination Bullish meeting line pattern market main sellers ki prices k bottom par push karne k baad uss ki dilchaspi khatam hone k baad market main banta hai. Ye pattern dekhne main same "Belt-Hold Line Pattern" jaisa dekhta hai, lekin dosri candle k bottom par wick ya small shadow hone aur dono candles k close point same hone ki waja se uss se mukhtalif hota hai. Pattern do candle par mushtamil hota hai, jiss main pehli candle aik bearish candle hoti hai. Pattern ki dosri candle aik bearish trend wali candle hoti hai, jo pehli candle k bottom par open ho kar ussi k close point par close hoti hai. Pattern ki dono candles k closing point same lazmi hone chaheye, warna pattern ki formation mukhtalif ho sakta hai. Trading

Bullish meeting line pattern ki dosri candle k baad market main buyers active ho jate hen, q k ye aik bullish signal de rahi hoti hai. Pattern k baad aik bullish confirmation candle ka hona zarori hai, jo k long real body main pehli candle k real body main close ho jaye. Agar indicator se confirmation karna ho to Stochastics Oscillator aur CCI oscillator oversold area main hona chaheye. Pattern k baad agar black ya red candle banti hai to iss se ye pattern invalid ho jayega. Stop Loss pattern k sab se bottom position jo k dosri candle ka open ya low price ho sakta hai, se two pips below set karen.