Explain Engulfing Candlestick Pattern and Its Types.
Explain Engulfing Candlestick Pattern and Its Types. Engulfing Candlestick Pattern ek ahem technical analysis tool hai jo market ke trend changes ko identify karne mein istemal hota hai. Is pattern mein do consecutive candlesticks ko dekha jata hai, jin mein pehla candlestick chhota hota hai aur doosra candlestick pehle ke candlestick ko puri tarah se engulf karta hai. Bullish Engulfing Pattern: Bullish Engulfing Pattern jab hota hai jab pehla candlestick bearish hota hai (price down ki taraf move karta hai) aur doosra candlestick larger aur bullish hota hai (price up ki taraf move karta hai). Doosra candlestick pehle wale candlestick ko poori tarah se cover karta hai, jisse bullish trend ki strong indication hoti hai. Bearish Engulfing Pattern: Bearish Engulfing Pattern mein pehla candlestick bullish hota hai aur doosra candlestick larger aur bearish hota hai. Doosra candlestick pehle wale bullish candlestick ko poori tarah se engulf karta hai, jisse bearish trend ki strong indication hoti hai. In dono patterns ko dekh kar traders market direction ka idea bana sakte hain aur apni trading strategies ko adjust kar sakte hain. Bullish Engulfing Pattern bullish trend ke shuruat ko signal karta hai, jabke Bearish Engulfing Pattern bearish trend ke shuruat ko indicate karta hai. Ye patterns market ke reversals ko identify karne mein madadgar hote hain aur traders ko potential entry aur exit points tay karne mein help karte hain....