How to Piercing Line Candlestick Pattern in forex trading ,,
Aslam O Alikum
Introduction
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How to Piercing Line Candlestick Pattern ,,,
Piercing line pattern main aik bullish candle se bearish trend ki akhari candle par lower side se attack karke market main bearish trend ka khatma karti hai. Ye pattern two days candles par mushtamil hota hai, jiss main pehli candle aik long real body wali bearish candle hoti hai, jo k qeematon ko downward push karti hai. Pattern ki dosri candle aik bullish candle hoti hai, jo k open pehli candle se below gap main hoti hai, lekin close pehli candle k midpoint ya darmeyan se upper hai. Ye position taqreeban candle ka 50% above banta hai. Piercing line pattern ka opposite side ya bottom price par "Dark Cloud Cover Candlestick Pattern" banta hai, jo k bearish trend reversal pattern hai. Piercing line pattern main prices bearish trend k khatme par aik strong bullish attack hoti hai. Jiss se bearish trend bullish main badal jata hai. Ye pattern bearish aur bullish candles par mushtamil hota hai. Piercing line Candlestick Pattern main pehli candle aik bearish candle hoti hai, ye candle price k downtrend ko show kar rahi hoti hai, jo k black ya red color ki candle hoti hai. Ye candle aik strong real body main banti hai, yanni candle ki real body shadow se ziada hoti hai. Piercing line pattern ki dosri candle aik bullish candle hoti hai, jo k open to pehli candle k below par gap main hoti hai lekin close pehli candle k real body main hoti hai. Ye candle color main white ya green hoti hai, jo k bearish trend ka khatma karti hai.
How to Trading ,,
Piercing line pattern buyers ki achanak market main pressure ki waja se banti hai, jiss main market main sellers ki dabao ka khatma karke prices k bottom ko bullish trend main badal deti hai. Piercing line pattern par trading se pehle aik confirmation white candle ka hona zarori hai, jo k dosri candle k baad real body main honi chaheye, jiss par buyers market main buy ki entry kar sakte hen. Aggar pattern k baad black candle banti hai to pattern ki reliability khatam ho jati hai. Stop loss k leye pattern ka sab se low position muntakhib karen, jo k dosri candle ka lower banega, se two pips below select karen.
How to Explanation ,,
Piercing line pattern two days candles ka aik bullish trend reversal pattern hai, jo k "Bullish Belt-Hold Line Pattern" se mushabehat rakhta hai. Ye pattern prices k low par ban kar same bullish trend reversal pattern ki tarah prices k bullish trend k khatme ka bahis banta hai. Pattern ki pehli candle aik strong bearish candle hoti hai, jiss ko aik bullish candle follow karti hai. bullish candle bearish candle k below par gap main open ho kar ussi k real body k darmeyan se above close hoti hai. Second candle ki closing point pehli candle k opening point se above nahi hona chaheye. Ye candle bullish meet line pattern ka bhi hum shakal hai.
