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Bullish Meeting Line Pattern
Bullish meeting line pattern ek bullish trend reversal pattern hai, jo k two days candles par mushtamil hota hai, jis main pehli candle aik long real body wali bearish candle hotti hai, jab k dosree candle bhi a long real body wali hotti hai, lekin ye bullish candle hotti hai. Bullish meeting line pattern dekhne main "Bullish Piercing Line Pattern" hi jaisa hotta hai, lekin dosree candle pehlee candle main dakhil nahi hotti hai. Pattern k pehlee candle aur dosree candle k closing price aik hi line main hotti hai. Bullish meeting line pattern ko "Bullish Counter-Attack Candlestick Pattern" bhi kaha jata hai.
Candles Formation
Bullish meeting line pattern ziada tar low price area ya bearish trend main bantta hai, jo k two days candles par mushttamil hota hai, pattern k leye prices ka low hona zarorri hai, aur candles ki darjazzel formation bannegi;
1. First Candle: Bullish meeting line bearish trend main bantta hai, is waja se pattern ki pehlee candle ek long beariah candle hotti hai, jo k bearish trend k mazzboti zahir kartti hai.
2. Second Candle: Bullish meeting line pattern ki dosree candle aik strong bullish candle hotti hai, aur ye candle bhi taqreebban size main pehlee candle k barrabar hotti hai. Bullish meeting line pattern main dosree candle pehlee candle se nechay gap main open ho kar same dosree candle k close price pe close hotti hai.
Explanation
Bullish meeting line pattern pattern ko "Bullish Counter-Attack Pattern" bhi kaha jata hai, q k aik strong bearish trend k baad dow side se bullish candles market main mazzboti se wapasi kartti hai. Bullish meeting line pattern two days candles par mushtamil aik bullish trend reversal pattern hai, jo k downtrend k baad bantta hai. Meeting Line Pattern main dosree candle pehlee candle k close price ki bajaye lower par gap main open hotti hai. Ye pattern same "Piercing Line Pattern" jaisa bhi dekhaye detta hai, q k dono k candles same formation main bante hen, lekin meeting line pattern me dosree candle ka closing point pehlee candle k closing point par hi hota hai. Bullish meeting line pattern main pehli bearish aur dosree bullish candle ka close point aik hi line par melte hen, jiss ki waja se pattern ko ye naam deya gaya hai.
Trading
Bullish meeting line pattern k baane ki waja prices k darmeyan gap ane ka hota hai, jo ziadda tarr long timeframe main bante hen, q k is pattern k leye market main waqfa zarrori hai. Meeting line pattern aggar prices k downtrend ya lower area main paya jaye to ye trading k leye buy ka signal genrate kartta hai. Meeting line par trading se pehle aik to qeematton ka lower side hona chaheye aur dosra trend confirmation bhi zarorri hai, q k iss k bagher pattern neutral count hote hen. Bullish Meeting Line Pattern k baad banne wali agli candle aggar bullish bantti hai to ye area buy trade ki entry ka hogga, aur aggar teesri bullish candle pehlee bearish candle k top pe close hotti hai, to ye bullish trend ki mazzbotti main mazzeed izzafa kartti hai. Stop Loss pattern k sab se lower point ya pattern ki dosree candle k down side pe put karren.