Important features and trading techniques based on shooting star candlestick pattern

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    Important features and trading techniques based on shooting star candlestick pattern
    Shooting Star Candlestick Pattern:


    Shooting Star Candlestick aik small real body ki bullish / bearish candle hoti hay jis ka upper shadow long hota ha aur lower wick smaller ya zero hoti hay, yeh candle buyers aur sellers kay darmian indecision ko batati hay, yeh candle currency pairs aur commodities kay price chart man long bullish trend k top per banti hay, star candlestick patterns hamesha ap ko resistance level par mil sakta hai, agar ap is candlestick pattern ko study karna chahtay hain to ap ko resistance level par aik reversal candlestick milti hay, Jo reversal trend ki confirmation karti hay, is main ap aik achi entry lay kar apna acha profit bana saktay hain is liay market jab resistance level ko jab break karti hai, to market ka downtrend hota hay, resistance level par aik reversal candlestick milti hay

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    bullish trend reversal information:


    Shooting Star Candlestick Pattern aik bullish trend reversal candlestick pattern hay, jo currency pairs aur commodities kay price chart man long bullish trend k top per resistance level kay kareeb banta hay. Is pattern kay complete honay kay baad price bhot taizi kay sath fall karti hay. Is pattern main first candle Shooting Star Candlestick banti ha is liye is pattern ko shooting Star Candlestick Pattern bhi kehtay hain, Shooting Star Candlestick Pattern per trading kay liay zaruri hay kay trader is pattern kay complete hona ka wait kara aur jab ye pattern complete ho jae to trader ko new candle k open per sell ki trade active karni chaiay

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    Important details for identifying shooting star pattern:


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    Shooting Star Candlestick Pattern price kay bullish trend ko bearish trend main change karta hay is liay isko Bearish Candlestick Pattern bhi kehtay hain, yeh pattern two candles per mabni hota hay, isko identify karnay kay liay yeh criteria daikhna chaiay,

    1. Pattern man first candle shooting Star Candlestick banti hay, jo long bullish trend k bad buyers aur sellers kay darmian indecision ko batati ha aur price man mazeed oper jana stop kar daiti hay,

    2. Is pattern main second candle long real body ki bearish candle banti hay jo first candle ki real body kay sath gap-down kay sath open hoti hay, yeh candle sellers ki market man strong entry ko show karti hay aur is kay baad price long bearish trend main fall karti hain

    Setting stoploss and take profit in shooting star pattern:

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    Is pattern main hamesha last closing candlestick ki wick point ko stop-loss set karna chaiay, kiun kay agar market wick level ko break Kar jati hai, to phir market further upwards ja sakti hai jis main ap yeh confirmation mil jati hai kay upward ja sakti or apna SL laga kar apna account safe rakh saktay hain, trader ko hamesha market ki reverse movement say bara loss say bachnay kay liay stoploss aur take profit ka use karna chaiay, Shooting Star Candlestick Pattern per trading kay doran bhi trader ko stoploss shooting Star Candlestick k high per place karna chaiay aur take Profit ko next support level per place karna chaiay

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