defination, identification and advantages of shooting star candlestick pattern

Shooting star ik one bar bearish reversal pattern hai or es ki formation bearish es laye hai kay price pory session ma rise hony ki khosis karti rehti hai or session kay end par seller market price ko opening point kay pass ley aty hain or es tarha shooting star ki upper long wick hamy appear hoty nazar ati hai or trader es ko apni trades ma signal kay tor par use karty hain.



What is the shooting star candlestick pattern.

Shooting star candlestick pattern in chart ki esi formation ka name hai jis ma price pushed high hoti hai session kay doran or ending time par selling pressure develop hota hai or ye market ko starting point kay pass drag kar leti hai. Ye larger upper wick or smaller lower wick or small body ki tarha appear hoti hai or upper wick es candlestick ki body kay double in length hoti hai or ye pattern aksar uptrend kay end par appear hota hai jo trader ko market kay reversal ko signal farham karta hai. Trader ko es pattern par bhot careful hona chahe or es pattern ko inverted hammer sy confuse ni karna chahe. Agr wo esa karyn gy to acha ni ho ga kiu kay en ma bhot kam difference hota hai.



How to identify the shooting star candlestick pattern.

Forex chart ma ye pattern jb appear hota hai to es waqat hota hai jb chart ma advancing price level appear hota hai. Es pattern ma highest point or starting point ka difference es candlestick ki body kay twice hota hai. Es pattern ma ya to lower shadow hota he ni hai or agr hota bi hai to bhot small hota hai. Jb es pattern ka closing point or starting point ik he ho to es pattern ko bhot zayada strong samja jata hai. But agr es pattern ki body eski wick kay twice smaller ni ho gi to ye pattern bhot weak samja jata hai or es time par trader ko es pattern par trade ni karni chahe or kisi achy point ka wait karna chahe.



Advantages of the shooting star candlestick pattern.

Shooting star candlestick pattern new trader kay laye kamyab hony ka excellent tool samja jata hai kiu kay ye bhot zayada simple hota hai or easy to use hota hai. Es pattern ko use kar kay acha entery point hasil karna bhot straight farward hota hai. Agr trader es pattern ki discription ko find kar sakyn gy to wo acha advantage hasil kar sakyn gy. Agr es pattern ko ham resistance kay kareeb appear hota dekhyn to ham foran es par trade karni chahe other wise hamy munasib point ka wait karna chahe. Es laye kay kisi bi general trend ma ik candlestick ki kio importance ni hoti.

Re: Defination, Identification and Advantages of Shooting Star Candlestick pattern

Assalaam.o.alikum dear forex member umeed karta hun k ap theek hun gay or achy tariqy sy apna kaam perform kar rhy hun gay dear jaisa k ap janty hain k forex bhoot he riski buisness hai es liye es ko understand karna or acha analysis karna lazmi hota hai es ky liye ap ko achy knowldge ki zarorat hoti hai jis mai candle ka knowledge hona lazmi hota hai tu es ky liye hamen shooting star candle ka knowledge hona bhi lazmi hai kiyun k ye bhi analysis mai hamari kafi ziada help karti hai jis sy hamen trade leny mai kafi ziada help milte hai tu aye es ko mazeed detail ky sath discuss karty hain .

What is shooting star candle

Dear member shooting star aik single candle stick pattern hai jo k uptrend mai found kiya jata hai shooting star candle top mai mark up hoti hai shooting star formed hoti hai jab price higher mai open hoti hai trades bhi kafi ziada higher hoti hain tab ye open ky near close hoti hai ye bearish reversal candle bilkul inverted hammer trha nazar ati hai es liye es bearish except kary hain .





Advantage of shooting star candle

Dear member shooting star candle aik technical analysis hai jis ky benefit kafi ziada hoty hain ye aik reasonable or reliable hai jis mai bearish ki identifying hoti hai specially .agar ye resistance level ky sath appear hoti hai tu ye hamen zahin mai rakhna chahea k shooting star kabhi bhi isolation mai nhi hoti formation ki acting sy pehly ye technical indicator ky mai signal ky tor pee istamaal hoti hai .




Identification of shooting star candle

Dear member aik candle jis ko ham shooting star consider karty hain tu us ki formation appear hoti hai advance price ky duran or es ka distance ky darmiyan jo k highest price hoti hai all day or opening price bhoot ziada hoti hai than twice jo k large hoti hai shooting star body sy ye bhoot choti ho sakti hai or es ka shadow below real body hota hai