Piercing Line Pattern
Piercing line candlestick pattern aik bullish trend reversal pattern hai, jo market me price chart par bohut ziada banta rehta hai. Ye pattern aam tawar par do candles se mel kar banta hai, jiss ka pehchan asani se ho jata hai. Pattern main aik bullish candle se bearish trend ki akhari candle par lower side se attack karke market main bearish trend ka khatma karti hai. Ye pattern two days candles par mushtamil hota hai, jiss main pehli candle aik long real body wali bearish candle hoti hai, jo k qeematon ko downward push karti hai. Pattern ki dosri candle aik bullish candle hoti hai, jo k open pehli candle se below gap main hoti hai, lekin close pehli candle k midpoint ya darmeyan se upper hai. Pattern k leye market me bearish trend ya low prices ka hona iss waja se aham q k ye pattern lower prices par jaldi trend reversal ka kaam karta hai.
Pattern Basic Charestirestics
Piercing line candlestick pattern ki formation hamesha lower prices me hoti hai, lekin pattern ki tarteeb aam candlestick se mukhtalif hoti hai, q k aam normal price chart me candles aik tarteeb k sath up down hoti hai, jab k pattern me candles normal chart k bar-aks aik khas shape bantani hai, jiss me gap ka banna, ya candlesticks ka aik khas value par open aur close hona shamil hai. Pattern k kuch basic charestirestics darjazel hai;
1. Before Pattern
Piercing line candlestick pattern price chart par hamesha lower satah par banta hai, iss waja se prices ka pehle se bearish trend me hona chaheye. Ye pattern strong timeframe me banta hai, jiss me pehle candle aik khas price par close hoti hai, jab k agle din ki candle uss se faraq k sath nechay open hoti hai. Pattern k leye small timeframe par analysis karna riski hai, iss waja se strong timeframe ka intekhab karen.
2. Candlesticks
Piercing line candlestick pattern main pehli candle aik bearish candle hoti hai, ye candle price k downtrend ko show kar rahi hoti hai aur ye candle umoman aik strong real body main banti hai. Pattern ki dosri candle aik bullish candle hoti hai, jo k open to pehli candle k below par gap main hoti hai lekin close pehli candle k real body main hoti hai.
3. After Pattern
Piercing line candlestick pattern k baad prices musalsal bullish trend ko follow karna shoro karti hai. Yani ye pattern prices ko mazeed nechay jane se rokhti hai. Pattern me dosri bullish candle strong opening k sayh market par asar andaz hona shoro hoti hai, jiss k baad market musalsal bullish trend me upward side par movement karna shoro karta hai.
How To Trade
Piercing line candlestick pattern strong reversal hone se prices apne sabeqa trend se pechay hatna shoro karti hai. Pattern k leye market me aik bearish trend k sath indicator ka istemal bhi zarori hai. Trend reversal k leye price action aur indicators ka aik sath istemal karte se trading ki reliability increase ho sakti hai. Pattern ka reaction strong to hota hai, lekin darjjazel baton ka lazmi khayal rakhen;
1. Candles Confirmation
Piercing line candlestick pattern k banne k baad chances hote hen, k ab market apna status tabdeel karega. Lekin pattern par bagher kisi khas confirmation k trading karna bohut riski kaam hai. Iss waja se pattern k banne k baad aik bullish confirmation candle ki zarorat hoti hai, jo dosri candle k top par ya uss k close point par open ho kar upper side par close hona chaheye.
2. Indicators
Piercing line candlestick pattern ki confirmation sirf candlestick se nahi karni chaheye, bulkeh humen dosre reliable indicators ka bhi istemal karte rehna chaheye. Pattern k leye candlestick par value overbought zone me trade karna chaheye. Pattern par different indicators se values calculate karna ya iss ka istemal price action se bhi kia ja sakta hai.
3. Take Profit / Stop Loss
Piercing line candlestick pattern k leye take profit aur stop loss ka istekhab karna trading techniques aur munafa ko mehfoz banta hai. Take profit humen price action k mutabiq muntakhib karda timeframe se mel jata hai, jab k stop loss ko hum pattern se hi set kar sakte hen. Pattern par stop loss dosri candle k open price se kuch pips below set karen.