pipe top and pipe bottom

Assalam alaikum dear members!

es post main hum pipe top or pipe bottom candle stic patterns ko study karen gy hum dekhen gy k en ki indentification kia hoti ha or inko kesy trade kia jata ha.

What is Pipe Top & Pipe Bottom Pattern?

• Dear members ye aik double candle stick pattern hota ha.ye pattern hr time frame k lye useful ha lekin ye long time frame main acha perform karta ha.ye pattern reversal pattern hota ha jo k trend change hony ki nishani hoti ha.esko pipe ka nam es lye dia gia ha k es main 2 candles aik sth bnti hn or pipe ki shkl ki dkhti hain.
• pipe top pattern bullish trend k end main bnta ha or ye trend reversal ki indication hota ha

• jb k pipe bottom pattern bearish trend k end main bnta ha or ye trend reversal ki indication hota ha.es main bhi 2 candles aik sth bnti hain or pipe ki shkl ki dkhti hain.
• baz oqat ye end of retracement ko bhi indicate karty hain.

Identification of this pattern?

• Dear members pipe top or pipe bottom ki confirmation k lye nechy dye gye components lazmi hain.

Spikes:

• spike ka mtlb hota bht lmbi price movement jo k previous movement se zada ho or es main lambi candles banti ha. Ye 2 candles hoti hain jo k opposite direction main bnti ha 1 sell ki or 1 buy ki.

overlaps:

• 2 spike candles jb bnti hain to wo apni body ka zada tr hissa share krti hain mtlb k 70% dobo ki height matching hoti ha. Ye lazmi ni hota k high se le kr low to match hn. Es body matching ko overlap kaha jata ha.

Volume:

• ye es pattern ki validity ka important factor ha. Average se zada market volume involve hona chahye in spikes k banny main.

Confirmation :

• Es pattern ki confirmation ye hoti ha k es k bad jo next candle bny wo es pattern ki closing price se nechy pipe bottom main close ho .
• jb k pipe top main next candle es pattern ki closing price ae opr close ho.

HOW TO TRADE IT?

• Pipe bottom ki confirmation jb ho jy candle closing k bad to es main buy ki entry le skty hain or hmara stop loss pipe bottom ki closing ya us se nechy ho ga jb k profit target in spikes candles ki height k equal ho ga.

• pipe top ki confirmation kr candle k es se opr close hony k bad sell ki entry le skty hain or stop loss pipe top ki closing ya us se nechy ho ga or profit target spikes candles ki height k equal ho ga.

Re: Pipe top and pipe bottom

Complete Information About Pip top & Pip Bottom price patterns ;-

Dears jab aap aisa pattern dakhtay hain keh jis main market price aik hi row main again and again resistance ko touch kerty hai to is ko ham Pip top pattern kehty hain. Or isi tarha jab ham yeh dakhty hain keh ab market ki price aik hi row ma baar baar market ki resistance ko hit kerti hai to is ko ham Pip bottom kehtay hain.



In patterns main ham exact point par behes nahi kar sakty. Aisy forex traders bhi hain keh in patterns main different point search kar lety hain or un par trading kar k profit hasil kar lety hain. Again is pattern ki figure bhi differnt ho sakti hai to hamy aik hi jesy figures ko talash bhi nahi karna chahiye.

Best for Successful Trading ;-

Ap ko aksar yeh dakhnay main milay ga keh Pip top or Pip bottom ki figure same ho gi but aik resistance k neechy ho ga or doosra support k ooper ho ga. To yeh both pattern aik hi concept par base karty hain but aik doosray k reversal hoty hain. Pehle price aik side par tezi say move karti hai or phir bull or bear k bitween war chal parti hai. in pattern main trade karny ki reason yeh hai k hamy break out level ka pehlay say idea hona chahiye.



Trading Help with Pip top & Pip bottom ;-

Agr hamy pata chal jae keh market Pip bottom ka pattern bana rahi hai to hamy resistance line k ooper apna target set karna chahiye. Aik baar market resistance ko breakout kar gai to hamy boht zeyada profit ho sakta hai. Yeh baat zehan main rakhni chahiye keh hamy hmesha Pip bottom par buy ki trade open karni chahiye.



Or ham buy stop say boht achi terha open kar saktay hain. Ise tarha jab Pip top ka pattern banay to hamy sell ki trade open karni chahiye or apna order support line k neechy set karna chahiye. Yeh order ham sell stop k zariye achi terha open kar sakty hain.