Railway track candle pattern strategy b price action trading par based hai. Ye 1 hour or bigger time frame k lae use hota hai secondly har pair or commodity k lae use ho sakta hai. Railway track pattern 2 candles sy mel kar banta hai. Ye 2no candle same length ki honi chahe or railway track ki tarha parallel nazar ani chahe. But pehle candle bullish ho to second bearish honi chahe or agr pehle bearish ho to second bullish honi chahe.
Railway track pattern trading strategy rules.
1. Buying rule.
Jb bullish railway track ban jae to hamy buy stop sy trade open karni chahe or esko 2 sy 5 pip pattern sy high rakhna chahe. Secondly hamy stop loss ko 2 sy 5 pip pattern sy low set karna chahe. Thirdly take profit hamy second candle ki height k 3 times set karna chahe. But tp ko es sy close b movw kiya ja sakta hai.
2. Selling rule.
Jb bearish railway track ban jae to hamy sell stop sy trade open karni chahe or esko 2 sy 5 pip pattern sy low set karna chahe. Secondly stop loss hamy 2 to 5 pip pattern sy high set karna chahe. Thirdly take profit hamy second candle ki height k 3 times set karna chahe. But tp ko es sy closer b set kiya ja sakta hai.
Additional note.
Jb trend reversal trend ma ata hai to ye pattern applicable hota hai. Es ka clear matlab ye hai k ap ko es pattern ko support or resistance ma find karna ho ga. Agr apk pass asi information hu k market side way movement ma hai to es pattern ko ignore kr dena chahe. Agr second candle pehle candle sy size ma kam ya zayada ho to ye kuch cases ma matter ni karta. Albata ye pattern support or resistance par hona zaruri hain.
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