Homing pigeon candlestick pattern aisa pattern hay jo two candlestick par mushtamil hota hay aur is main aik large candlestick banti hay aur second candlestick choti hoti hay aur yeh pehli candle ki real body kay andar hi banti hay, dono candlestick ka colour aik hi hona chaiay, yeh pattern yeh bhi information daita hay kay market ka current trend weak par chuka hay aur market apna trend change karnay wali hay,
Development scenario of homing pigeon candlestick pattern:
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Yeh pattern current trend main bullish reversal ko show karta hay, yeh downtrend main appear hota hay jo two candles par mabni hota hay jis main pehli candle long bearish aur second candle small bearish hoti hay, second candle ki sari real body first candle ki range ma hoti ha, ye candles closing price ko opening price say lower show karti hain, trend ki confirmation kay liay hamain is pattern say next wali candle par depend karna parta ha agr next candle ka low in two candles k low say below ho ga to yeh trend reversal ka confirm signal ho ga, yeh pattern hamain achay profit targets provide nhi karta, jab upside move confirm ho jay to is main stop loss pattern kay bottom kay below par set karna parta hay
Provision of trade signals to traders:
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Kuch traders is ko bearish continuation pattern say ziada accurate samajhtay hain, is main prices straight line main move nhi karti hain, downtrend main prices drop hoti hain aur kuch dair pause kar kay ya thori pull backs kay baad dobara lower side par movement karti hain, bullish reversal ko predict karnay kay liay, traders isko downtrend main talash kartay hain jab yeh support level kay nazdeek weak ho jay, Pattern main jab first candle banti hai jo bearish banti hay to iska matlab hota hay kay market ko bear nay control kar lia hay, next session main price previous session kay closing point say uper say start hoti hay aur previous day ki candlestick ki body kay andar hi close ho jati hay, aisa sirf previous session ki strength ki waja say hota hay lihaza yeh indicate karta hay kay market ka bearish trend close ya end honay wala hay lihaza agr trader nay trade open kar rakhi hay to ab aisa time hay kay isko close kar daina chaiay,
Placing stop loss in homing pigeon pattern:
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Pattern kay baad market bull main move kar jay to aisi surat main hamain stoploss homing pigeon pattern kay low point par set karna chaiay, agar trader es pattern ko downward continuation kay tor par use karna chahtay hain to inko tab tak wait karna chaiay jab tak price homing pigeon pattern sy low move na kar jay aur is surat main unko stop loss homing pigeon ka high point set karna chaiay, yeh candlestick pattern long time frame main hi observe karna chaiay jaisay agar yeh market pattern ap daily timeframe may observe kartay hain to is main apko ziada benefit ho saktay hain
Development scenario of homing pigeon candlestick pattern:
Yeh pattern current trend main bullish reversal ko show karta hay, yeh downtrend main appear hota hay jo two candles par mabni hota hay jis main pehli candle long bearish aur second candle small bearish hoti hay, second candle ki sari real body first candle ki range ma hoti ha, ye candles closing price ko opening price say lower show karti hain, trend ki confirmation kay liay hamain is pattern say next wali candle par depend karna parta ha agr next candle ka low in two candles k low say below ho ga to yeh trend reversal ka confirm signal ho ga, yeh pattern hamain achay profit targets provide nhi karta, jab upside move confirm ho jay to is main stop loss pattern kay bottom kay below par set karna parta hay
Provision of trade signals to traders:
Kuch traders is ko bearish continuation pattern say ziada accurate samajhtay hain, is main prices straight line main move nhi karti hain, downtrend main prices drop hoti hain aur kuch dair pause kar kay ya thori pull backs kay baad dobara lower side par movement karti hain, bullish reversal ko predict karnay kay liay, traders isko downtrend main talash kartay hain jab yeh support level kay nazdeek weak ho jay, Pattern main jab first candle banti hai jo bearish banti hay to iska matlab hota hay kay market ko bear nay control kar lia hay, next session main price previous session kay closing point say uper say start hoti hay aur previous day ki candlestick ki body kay andar hi close ho jati hay, aisa sirf previous session ki strength ki waja say hota hay lihaza yeh indicate karta hay kay market ka bearish trend close ya end honay wala hay lihaza agr trader nay trade open kar rakhi hay to ab aisa time hay kay isko close kar daina chaiay,
Placing stop loss in homing pigeon pattern:
Pattern kay baad market bull main move kar jay to aisi surat main hamain stoploss homing pigeon pattern kay low point par set karna chaiay, agar trader es pattern ko downward continuation kay tor par use karna chahtay hain to inko tab tak wait karna chaiay jab tak price homing pigeon pattern sy low move na kar jay aur is surat main unko stop loss homing pigeon ka high point set karna chaiay, yeh candlestick pattern long time frame main hi observe karna chaiay jaisay agar yeh market pattern ap daily timeframe may observe kartay hain to is main apko ziada benefit ho saktay hain
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