Significant features of Shooting Star Candlestick pattern

Dear friends, forex main candles kay mukhtalif pattern say hum trading pairs ki moment ko predict kar saktay hain, is kay liay zaruri ha kay hamain un patterns kay baray main achi learning hon, jin ki base par hum market ki trends ki reversal, continuation ya side ways moment ko confirm kar sakain, candles kay patterns main say aik shooting star pattern bhi hota hay,

How this pattern is appeared and formed:






Shooting star pattern single candlestick par mushtamil reversal pattern hota hay, is candle kay above bannay wala shadow candle ki real body ka almost double hota hay, yani candle ki real body small jab kay shadow ya wick kafi large hoti hay, yeh candle mostly us waqt appear hoti hay jab kisi pair ki prices push high hoti rehti hain magar end par rejection ka baad opening point kay near close ho jati hain, jis ki waja say aik big upper shadow kay sath sath small lower shadow aur small real body ban jati hay, is tarah ki candle ko ham shooting star kehtay hain,

How to confirm shooting star candlestick pattern:




Shooting Star Candlestick bullish trend kay baad banti hay laikin yeh itna important nahi hay kay shooting star say previous wali candle bullish hi ho, magr yeh candle ziada prices walay zone main banni chaiay, candle ki real body say shadow ya wick size main double hona chaiay, yeh shadow candle kay upside pay banta hay, jab kay down side par koi shadow nahi hona chaiay, lekin agar banta bhi hai to wo real body say boht kam ho, yeh candlestick white aur black dono color main appear ho sakti hai lekin is ki position important hay kiun kay yeh market kay top side par banni chaiay,

Information for traders:





Yeh pattern ziada tar bearish reversal ki possibility kay signals daita ha, jis say traders ko yeh information milti hay kay uptrend finish honay wala hay aur ab prices fall karain gi, traders ko shooting star aur inverted hammer candlestick main double minded nhi hona chaiay, dono ki body similar hoti hay laikin dono alag reversal ko predict karti hain aur inverted hammer downtrend main appear hoti hay, trend confirmation kay liay black candle ka hona important hay, jis par traders sell say market main apni position open kar saktay hain, laikin white candle bannay par candle ki value khatam ho jay gi aur hamain us surat main market main entry nahi karni chaiay,

Re: Significant features of Shooting Star Candlestick pattern

Assalamu Alaikum Dosto!

Shooting Star Candle

Shooting star candle price chart par uss waqat banta hai, jab bhi prices aik timeframe k dowran bullish ya uptrend jane k baad resistance level ko touch karti hai, lekin candle k ikhtetam par prices wapis bearish ja kar aik small real body banati hai. Ye candle prices k top main bullish trend k dowran banti hai, jiss k upper side par long shadow ya saya hota hai. Jab bhi bulls market ko ooper ki taraf push karte hen, lekin low demand ki waja se jab wo aisa karne main nakam rehte hen, to uss sorat main aik shooting star candle create hoti hai.

Candles Formation

Shooting star candle aik single pattern candle hai, iss waja se ye candle dono color ya pattern main ho sakti hai. Ye candle prices k bullish trend main banne par market k bearish trend reversal ka sabab banti hai. Candle ki tafseel darjazeel hai:



Shooting Star Candle: Shooting star candle high prices ya bullish trend main banta hai, lekin bearish trend reversal honne ki waja se ye candle aik bearish candle shumar ki jati hai. Ye candle aik small real body main hoti hai, jiss k upper side par aik long shadow hota hai, jo k real body ka taqreeban dugna banta hai.

Explanation

Shooting star candle price chart par low demand banne ki sorat main banti hai, jab bhi prices bullish trend ko mazeed upward side par reject karti hai. Ye candle aik muntakhib karda timeframe main pehle bullish jata hai, jo sabeqa bullish trend ki alamat hoti hai, jab k baad main assets ki demand main kami hone ki waja se prices wapis bearish move kar jati hai, jiss se ye candle aik small real body k sath close ho jati hai. Candle k upper side par aik lamba shadow ban jata hai. Candle ka lamba saya ya shadow prices k trend reversal ki alamat hoti hai, jo aik new bearish trend ka aghaz karti hai.

Trading

Shooting star candle price chart k top ya bullish trend main hone ki waja se aik bearish signal deti hai. Candle k baad next bearish candle ka hona zarori hai, jiss se prices k trend reversal ki confirmation ho jati hai, jab k bearish candle ka shooting star candle k baad downside par bhi close hona chaheye. Trend confirmation indicator se karna ho to RSI, CCI indicators aur stochastic oscillator par value overbought zone main hona chaheye. Lekin agar confirmation candle aik bullish candle banti hai, to market main entry nahi karni chaheye. Shooting star candle par buy ka trade open hoga, jab k Stop Loss candle k sab se upper position ya resistance level se two pips above set karen.

Re: Significant features of Shooting Star Candlestick pattern

Shooting star what it's means in stock trading


Now we can discuss the Shooting star it's mean
it's is a type of candlestick pattern which forms when the price of the security opens, rises but closes near the open price




Shooting star candlestick in forex




It's pattern shows like another chart a forex currency pair would open, close, and find a low similar price point it interepted the closer the price points




Types of shooting star



Is a bearish candlestick with a long upper shadow little or no lower shadow and a small real body near the low of the day




can a shooting star be bullish





The inverted hammer is a bottom reversal pattern but shooting star is a top reversal pattern it's is a primary different between its the shooting star is the former is a Bullish reversal pattern but later is a bearish reversal pattern





Is the opposite of shooting star candalistick




Hanging man it's near the top of entire candlestick and it's log lower shadow but the shooting star a small real body near the bottom of candlestick with a long upper shadow a shooting star is hanging man flipped upside




How shooting star are formed



*upper shadow at least twice big as the real body


*small real body


3 upper trend


4 down trend


5 little or no lower shadow


8 example of shooting star in trading


Following points remember



Trade entry



Before you enter a shooting star trade you should confirm the prior trend is an active bullish trend



stop loss



We should always try to use a stop loss order when trading the shooting star candalistick pattern



taking profits



The price target for this trade should be equal to the size of the shooting star pattern

Re: Significant features of Shooting Star Candlestick pattern

Huge highlights of Falling star Candle design

Dear companions, forex fundamental candles kay mukhtalif design say murmur exchanging matches ki second ko foresee kar saktay hain, is kay liay zaruri ha kay hamain un designs kay baray principal achi learning hon, jin ki base standard murmur market ki patterns ki inversion, continuation ya side ways second ko affirm kar sakain, candles kay designs primary say aik meteorite design bhi hota feed,
g han ap ki bat tk ha ap sb ko yaha biyan kia gya ha btaya gya ha


How this example is showed up and shaped


Meteorite design single candle standard mushtamil inversion design hota feed, is candle kay above bannay wala shadow light ki genuine body ka practically twofold hota roughage, yani candle ki genuine body little hit kay shadow ya wick kafi enormous hoti roughage, yeh candle for the most part us waqt seem hoti feed hit kisi pair ki costs push high hoti rehti hain magar end standard dismissal ka baad opening point kay close to close ho jati hain, jis ki waja say aik large upper shadow kay sath little lower shadow aur little genuine body boycott jati feed, is tarah ki candle ko ham falling star kehtay hain,
The most effective method to affirm falling star candle design:Meteorite Candle bullish pattern kay baad banti roughage laikin yeh itna significant nahi feed kay falling star say past wali candle bullish hello there ho, magr yeh flame ziada costs walay zone fundamental banni chaiay, candle ki genuine body say shadow ya wick size primary twofold hona chaiay, yeh shadow light kay potential gain pay banta roughage, punch kay disadvantage standard koi shadow nahi hona chaiay, lekin agar banta bhi hai to wo genuine body say boht kam ho, yeh candle white aur dark dono variety principal seem ho sakti hai lekin is ki position significant roughage kiun kay yeh market kay top side standard banni chaiay,

Data for brokers



Yeh design ziada tar negative inversion ki plausibility kay signals daita ha, jis say brokers ko yeh data milti roughage kay upturn finish honay wala feed aur stomach muscle costs fall karain gi, merchants ko meteorite aur transformed hammer candle primary twofold disapproved nhi hona chaiay, dono ki body comparative hoti roughage laikin dono alag inversion ko anticipate karti hain aur rearranged hammer downtrend fundamental seem hoti feed, pattern affirmation kay liay dark flame ka hona significant feed, jis standard dealers sell say market principal apni position open kar saktay hain, laikin white light bannay standard candle ki esteem khatam ho jay gi aur hamain us surat fundamental market fundamental passage nahi karni chaiay,Meteorite light cost graph standard uss waqat banta hai, punch bhi costs aik time span k dowran bullish ya upturn jane k baad obstruction level ko contact karti hai, lekin candle k ikhtetam standard costs wapis negative ja kar aik little genuine body banati hai. Ye light costs k top fundamental bullish pattern k dowran banti hai, jiss k upper side standard long shadow ya saya hota hai. Hit bhi bulls market ko ooper ki taraf push karte hen, lekin low interest ki waja se hit wo aisa karne primary nakam rehte hen, to uss sorat principal aik falling star candle make hoti hai
.

Candles Development











Falling star candle aik single example light hai, iss waja se ye candle dono variety ya design fundamental ho sakti hai. Ye light costs k bullish pattern primary banne standard market k negative pattern inversion ka sabab banti hai. Light ki tafseel darjazeel hai:Meteorite Candle: Falling star light exorbitant costs ya bullish pattern principal banta hai, lekin negative pattern inversion honne ki waja se ye candle aik negative candle shumar ki jati hai. Ye candle aik little genuine body principal hoti hai, jiss k upper side standard aik long shadow hota hai, jo k genuine body ka taqreeban dugna banta hai.

Clarification

Falling star candle cost diagram standard low interest banne ki sorat primary banti hai, punch bhi costs bullish pattern ko mazeed up side standard oddball karti hai. Ye flame aik muntakhib karda time period fundamental pehle bullish jata hai, jo sabeqa bullish pattern ki alamat hoti hai, poke k baad principal resources ki request primary kami sharpen ki waja se costs wapis negative move kar jati hai, jiss se ye light aik little genuine body k sath close ho jati hai. Flame k upper side standard aik lamba shadow boycott jata hai. Flame ka lamba saya ya shadow costs k pattern inversion ki alamat hoti hai, jo aik new negative pattern ka aghaz karti hai.ExchangingFalling star flame cost graph k top ya bullish pattern principal sharpen ki waja se aik negative sign deti hai. Flame k baad next negative candle ka hona zarori hai, jiss se costs k pattern inversion ki affirmation ho jati hai, poke k negative light ka meteorite candle k baad disadvantage standard bhi close hona chaheye. Pattern affirmation pointer se karna ho to RSI, CCI markers aur stochastic oscillator standard worth overbought zone primary hona chaheye. Lekin agar affirmation flame aik bullish light banti hai, to advertise fundamental section nahi karni chaheye. Meteorite flame standard purchase ka exchange open hoga, poke k Stop Misfortune light k sab se upper position ya opposition level se two pips above set karen.It's example shows like another graph a forex money pair would open, close, and find a low comparable sticker cost it interepted the nearer the price tagsSorts of meteoriteIs a negative candle with a long upper shadow practically zero lower shadow and a little genuine body close to the low of the daymight a taking shots at any point star be bullishThe upset sledge is a base inversion design however meteorite is a top inversion design it's is an essential different between its the falling star is the previous is a Bullish inversion design yet later is a negative inversion designIs something contrary to meteorite candalistickHanging man it's close to the highest point of whole candle and it's log lower shadow however the meteorite a little genuine body close to the lower part of candle with a long upper shadow a falling star is hanging man flipped potential gainHow falling star are framed*upper shadow something like two times large as the genuine body*little genuine body3 upper pattern4 down pattern5 practically zero lower shadow8 instance of meteorite in exchangingFollowing focuses recollectExchange passageBefore you enter a meteorite exchange you ought to affirm the earlier pattern is a functioning bullish patternstop misfortuneWe ought to constantly attempt to utilize a stop misfortune request while exchanging the falling star candalistick designtaking benefitsThe cost focus for this exchange ought to be equivalent to the size of the meteorite design