Shooting star candlestick pattern.

Asalamualikum dear members hope you all are fine and doing well on forex trading.dear members aaj hm apni post mein shooting star candlestick k bary mein baat krein gy.



Shooting star candlestick pattern :

Shooting star candlestick patterns basically ik reversal candlestick pattern hota hy , Jo ap ko market mein ik strong uptrend K bd available hota hy , jb market ka trend uptrend sy downtrend k trf change ho rha hota hy . Es candlestick ko completely study krna ho ga , otherwise ap ke analysis wrong ho sakta Hy .



Identification :

Es candlestick ko carefully identify krna ap K liye important hota hy , ap es candlestick pattern ko easily identify kr sakty Hain . Yeh candlestick pattern just one candlestick pr depend kr rha hota hy . Es candlestick mein ap ko ik ese candlestick milte hy , jis ke Shadow as compared to body of candlesticks zyada hoti hy .



Stop loss:

Dear friends agr ap forex trading mein es pattern ko study kr K market mein enter hoty Hain , to ap ko hmesha last closing candlestick ke wick point to ap SL set krna chaheay , kun k agr market wick level ko break Kr jati hy , to phir market further upwards ja skti hy .

Chart analysis :

Agr ap successful trading krna chahty hy to ap ko different types k analysis pr proper study krna ho ge jb ap market ko achi tra judgement krty hain to ap bahot zayda advantages available hoty hain es liye ap ko agr best entry lne hy to ap apny analysis strong krny hon gy . Analysis Krny k liye knowledge ka Hona bht zaruri Hy.

Re: Shooting star candlestick pattern.

Assalamu Alaikum Dosto!

Shooting Star Candlestick

Shooting star candle aik qisam ki single candlestick pattern hai, jo uss waqat banta hai, jab kisi assets ya security ki qeemat open hone k baad pehle numaya tor par increase ho jati hai, lekin phir din k ikhtetam par open price k qareeb a kar close ho jati hai. Ye candle aik aik bearish candlestick pattern k tawar par hai, jis ka oopri saya lamba hota hai aur neechay ka saya bilkul bhi nahi hota hai. Ye aik single candle hone ki waja se akele iss par inhisaar nahi karna chahiye. Ye candle uss waqat sab se ziyada muasar hota hai jab yeh do se teen lagataar bullish candles ya price chart k top peak k baad banta hai.

Candles Formation

Shooting star candle ki reliability ka inhisar price chart par muntakhib karda timeframe par hota hai, jitna ziada timeframes lamba select hoga, candle ki haseyat ziada strong banti jayegi. Shooting star candle price chart par darjazzel hososeyat k sath banti hai;



Shooting Star Candle: Shooting star candlestick bullish trend main bulterteeb buying aur selling pressure ki waja se banti hai, jiss main candle ki ziada tar hososeyat bearish trend ki hoti hai. Ye candle small real body main hoti hai, jiss ka upper side par aik long shadow hota hai. Candle ki real body bullish aur bearish dono ho sakti hai, lekin ye candle bearish candle hi shumar hoti hai.

Explanation

Shooting star candlestick aik lambe saye wala small real body ki candle hoti hai, jo prices k top peak ya bullish trend k baad banne par bearish trend reversal pattern ka kaam karti hai. Candle k real body small hoti hai, jiss k upper side par aik lamba shadow ya saya hota hai. Shadow ya saya candle ki real body ka kam a kam taqreeban dugna ya uss se ziada hona chaheye. Candle price chart par kuch iss waja se banti hai, k pehle din k aghaz main prices upward movement karti hai, jab k din k ikhtetam par prices wapis downward a kar apne aghaz wale position k qareeb close hoti hai. Candle k lower side par koi lamba shadow ya saya nahi hona chaheye, albata small si wick acceptable hai, jo candle k shape ko change na karta ho.

Trading

Shooting star candlestick price chart k top par ya bullish trend main prices k leye resistance zone banata hai, jiss k baad prices nechay gerna shoro karti hai. Ye candle aik single candle bhi prices upward jane se rokti hai, lekin trading k leye candle k baad aik confirmation candle ka hona zarori hai, jo k aik to real body main bearish candle honi chaheye, aur dosra wo iss candle k bottom par close bhi honi chaheye. Lekin agar candle k baad bullish candle banti hai, to pher pattern par entry nahi karni chaheye. Trend reversal confirmation indicator jaise RSI, CCI, MACD indicator aur stochastic oscillator se bhi ki ja sakti hai, jiss par value overbought zone main honi chaheye. Stop Loss candle k sab se top position ya shadow k end se two pips above par set karen.

Re: Shooting star candlestick pattern.

SHOOTING STAR CANDLESTICK PATTERN
Dear hope you will be fine.today we will discuss about SHOOTING STAR CANDLESTICK PATTERN,I hope my words will be very informative for you so let's starts

SHOOTING STAR CANDLESTICK PATTERN

Shooting Star Pattern man single Bearich candlestick hoti ha. Is man bearish candle ki lower wick smaller or no wick aur upper wick long hoti ha, iski real body bilkul small hoti ha jo day k lower k qareeb hoti ha.



Confirmation of Shooting Star Pattern:

Bearich candle k high aur open price k dermiyan fasla real body k size k kam sa kam double k braber hona zarori ha. Aur bearish candle k low aur candle k close k dermiyan fasla kam sa kam ya zero fasla hona b zarori ha in 2 baton sa Shooting Star Pattern ki confirmation hoti ha. Shooting Star Pattern ager three ya three or more consecutive rising candles jin ki upper wick long ho aur iska bad shooting star ae to ye kafi effective down movement market price man hoti ha.

Trading with Shooting Star Pattern :

Is pattern ki confirmation bhot zarori ha. Ye pattern ager three consecutive asi candle banna k bad ae jinka upper wick long hon to ye more effective aur zayada pips ki trade dena man help full hoti ha.

Jab b is pattern k agli candle bana to uska "Gap-down" k sath banna bhot zarori ha, aur yahen trade ki confirmation b ha. Nextt candle k Gap-down k open hona sath trader ko "Sell" trade open ker leni chaheye.

HOW IT WORKS.....?

Market ya chart mai jab Shooting star banta hai tu us sy jo pechli candle hai wo us sy gap Up mai open honi chaiye.Or jab shooting star sy agli candle bany wo shooting star sy Gap down mai Ya closed price ky barabr open honi chaiye, Or shooting star ka volume pechli candle ky volume sy zyada hona chaiye.
Ab selling ky leay hamen yh dekhna ho ga ky jab price shooting star sy jo pechli candle hai ,Price jab tak usy ky nechy nhi chala jata hamen us time tak Selling nhi krna chaiye, or hamen shooting star ky high ky upper Stop loss lagana hai.



THINGS REMEMBER ABOUT SHOOTING STAR

2.Koi aik khas Rang nhi hota.
2.Candle ka shadow Lamba hona chaiye
3.Pechli Candle sy Gap mai open honi chaiye.
4.Volume bhut zaroori hai,Shooting star banny ky leay.

Re: Shooting star candlestick pattern.

ASSALAMU ALAIKUM DEAR FOREX MEMBERS;
THE TOPIC HERE WE ARE DISCUSTING IS A SHOOTING STAR CANDLE STICK PATTERN:

THE SHOOTING STAR CANDLE TAKE FORMATION IS A VIEWED AS A BEARISH REVERSAL SCANDAL STICK PATTERN THAT I QUICKLY OCCURS AT THE TOP OF TRENDS THE SHOOTING INFORMATION IS CREATED WHEN THE OPEN LOW AND CLOSE OUR ROUGHLY THE SAME PRICES ALSO THERE IS A LONG UPPER SHADOW GENERALLY DEFINED AS AT LEAST TWICE THE LENGTH OF THE REAL BODY YOU CAN LEARN ABOUT REAL BODY IN DIFFERENT TECHNICAL ANALYSIS TECHNIQUES WHERE YOU CAN COMPLETELY AND ANALYSE THEM WHEN THE LOWER AND THE CLOSE ARE THE SAME BRITISH SHOOTING STAR CANDLE IS FORMED.


WHAT MAKES A SHOOTING STAR MORE BEARISH?


THE SHOOTING STAR IS CONSIDERED A STRONGER INFORMATION BECAUSE THE BEARS WERE ABLE TO REJECT THE BULLS COMPLETELY PLUS THETHE SHOOTING STAR IS CONSIDERED A STRONGER INFORMATION BECAUSE THE BEARS WERE ABLE TO REJECT THE BULLS COMPLETELY PLUS THE BEARS WERE ABLE TO PUSH PRICE EVEN MORE BY CLOSING BELOW THETHE SHOOTING STAR IS CONSIDERED A STRONGER INFORMATION BECAUSE THE BEARS WERE ABLE TO REJECT THE BULLS COMPLETELY PLUS THE BEARS WERE ABLE TO PUSH PRICE EVEN MORE BY CLOSING BELOW THE OPENING PRICE. THE SHOOTING STAR CONSIDER LESS BLUISH WHEN IT OPENS AND LOW ORUFLY THE SAME.
THE BEARS WERE ABLE TO COUNTER AT THE BULLS BUT WERE NOT ABLE TO BRING THE PRICE BACK TO THE PPRICE OPENING.
HOW TO FIND RESISTANCE WITH SHOOTING STAR PATTERN?

THE LONG UPPER SHADOW OF THE SHOOTING STAR EMPLOYEES THAT THE MARKET TESTED TO FIND WHERE RESISTANT AND SUPPLY ARE LOCATED.
WHEN THE MARKET FOUND THE AREA OF RESISTANCE THE HIGHEST OF THE DAY BEARS BEGIN TO PUSH PRICES LOWER ENDING THE DAY NEAR THE OPENING PRICE THUS THE BULLISH ADVANCE UPWARD WAS REJECTED BY THE BBEAR.
HOW TO INTERRUPT SHOOTING STAR CANDLESTICK PATTERN.

THE CHART BELOW ILLUSTRATE A SHOOTING STAR RIVER SELF PATTERN AFTER AN UPWARD TREND.THE MARKET BEGIN THE DATE TESTING TO FIND WHERE SUPPLY COULD ENTER THE MARKET THE STOCK PRICE EVENTLY FOUND RESISTANCE AT THE HIGH OF THE DAY IN FACT THERE WAS SO MUCH RESISTANCE AND SUBSEQUENT SELLING PRESSURE THAT PRICE WERE ABLE TO CLOSE THE DAY SIGNIFICANTLY LOWER THAN THE OPEN.


RESISTANCE AND EXIT STRATEGY INDICATOR.

The SHOOTING STAR IS A CANDLEST TAKE PATTERN TO HELP TRADER VISUALLY SEE WHERE RESISTANCE AND SUPPLY IS LOCATED AFTER AND UP TREND THE SHOOTING STAR PATTERN CAN SIGN TO TRADERS THEN THE AFTER AND UP TREND THE SHOOTING STAR PATTERN CAN SIGN TO TRADERS THEN THE UP TREND MIGHT BE OVER AND THAT LONG POSITION COULD POTENTIALLY BE REDUCED OUR COMPLETELY EXIT HOWEVER OTHER INDICATORS SHOULD BE USED IN OTHER INDICATORS SHOULD BE USED IN CONJUNCTION WITH THE SHOOTING STAR CANDLE STICK PATTERN TO DETERMINE POTENTIAL SIGNAL FOR EXAMPLE WAITING A DAY TO SEE IF PRICES CONTINUED FALLING OR OTHER CONTINUED FALLING OR OTHER CHART INDICATION SUCH AS A BREAK OF AN UPWARD TREND LINE

Re: Shooting star candlestick pattern.

Are shooting star candlesticks bullish?
















A 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. It appears after an uptrend.
What is the meaning of shooting star candlestick pattern?
















A shooting star candlestick pattern is a chart formation that occurs when an asset's market price is pushed up quite significantly, but then rejected and closed near the open price. This creates a long upper wick, a small lower wick and a small body.
Which candle is the strongest bullish candle?


A black or filled candlestick means the closing price for the period was less than the opening price; hence, it is bearish and indicates selling pressure. Meanwhile, a white or hollow candlestick means that the closing price was greater than the opening price. This is bullish and shows buying pressure.