3.2.12 · Stock-Market › Candlestick Patterns
Intuition Ek saanس mein badi baat
Ek mazboot trend seedhi line mein nahi chalti — yeh chalti hai, phir rukti hai , phir dobara chalti hai. Three Methods patterns bilkul yahi capture karte hain: ek bada candle (trend), chhote candles ka ek "saanस lene wala" waqfa jo trend ke khilaaf jaata hai lekin use todta nahi, aur phir ek aur bada candle jo trend ko resume karta hai. Yeh ek continuation pattern hai, reversal nahi. Market basically keh rahi hai: "Maine apna saanस lene ke liye ruka tha, apna iraada badalne ke liye nahi."
Definition Falling Three Methods (bearish continuation)
Iska mirror image, ek downtrend mein:
Ek lamba bearish (red) candle .
Teen chhote candles (aamdataur pe green) jo candle 1 ki range ke andar rehte hain.
Ek lamba bearish candle jo candle 1 ke close se neeche close karta hai.
Trend neeche jaari rehta hai.
Hum memorise nahi karte — hum logic banate hain.
Intuition Supply & demand se pattern derive karna
Step 1 — Trend candle (lamba kyun?). Ek lamba green candle matlab buyers ne sellers ko daba diya: us din demand ≫ supply thi. Yeh prove karta hai ki buyers control mein hain.
Yeh step kyun? Continuation pe bet lagaane se pehle hume yeh evidence chahiye ki trend ka malik kaun hai.
Step 2 — Teen chhote candles (chhote kyun, khilaaf kyun?). Tez move ke baad, kuch buyers profit lete hain aur short-term traders move ko fade karte hain. Isse chhote red candles bante hain. Lekin — yeh zaroori baat hai — selling kamzor hai: yeh price ko candle 1 ke low se neeche bhi nahi dhakel sakti.
Yeh step kyun? Agar profit-taking serious hoti, toh woh range tod deti. Woh nahi todti → pullback sirf noise hai, ladaai nahi.
Step 3 — Containment (andar kyun rehne chahiye candle 1 mein?). Candle 1 ki range woh "arena" hai jo buyers ne banaya. Jab tak pullback us arena ke andar hai, buyers ne jo zameen jeeti thi woh unke paas hai.
Yeh step kyun? Yahi woh filter hai jo ek healthy pause ko ek sachchi reversal se alag karta hai.
Step 4 — Aakhri lamba green candle (candle 1 se upar close kyun hona chahiye?). Naaye buyers aate hain aur price ko candle 1 se zyada nayi close tak dhakelte hain. Yeh confirm karta hai ki sellers thak gaye the aur uptrend resume ho gayi.
Yeh step kyun? Nayi zyada close = objective proof ki pause khatam ho gayi.
Toh koi formula memorise nahi karna — pattern ek logical kahaani hai . Lekin hum usse test karne ke liye ek quantitative rule define kar sakte hain.
Worked example Worked Example 1 — Rising Three Methods (numbers ke saath)
Candles (O, H, L, C):
C1: (100, 110, 99, 109) → lamba green ✅ (Kyun? C 1 = 109 > O 1 = 100 , bada body)
C2: (108, 108, 105, 106) → chhota red, H 2 = 108 ≤ 110 , L 2 = 105 ≥ 99 ✅ contained
C3: (106, 107, 104, 105) → contained ✅
C4: (105, 106, 103, 104) → contained ✅ (Teeno check kyun karein? har ek ko arena mein rehna chahiye)
C5: (104, 116, 103, 115) → lamba green, C 5 = 115 > C 1 = 109 ✅ breakout
Verdict: valid Rising Three Methods → bias long . C5 close (115) pe entry, stop L 1 = 99 se neeche.
Stop wahan kyun? Candle 1 ke low se neeche poori thesis (buyers arena ke malik hain) khatam ho jaati hai.
Worked example Worked Example 2 — Falling Three Methods
C1: (200, 201, 188, 189) → lamba red ✅ (Kyun? C 1 = 189 < O 1 = 200 )
C2: (190, 193, 190, 192) chhota green, [188,201] mein contained ✅
C3: (192, 195, 191, 193) contained ✅
C4: (193, 196, 192, 195) contained ✅
C5: (194, 195, 180, 182) lamba red, C 5 = 182 < C 1 = 189 ✅ breakdown
Verdict: valid Falling Three Methods → bias short . Stop H 1 = 201 se upar.
Worked example Worked Example 3 — ek NON-example (test fail karta hai)
C1: (50, 58, 49, 57) lamba green
C2: (56,59,55,58), C3: (58,61,57,60) ... yeh candles upar ja rahe hain aur H 1 = 58 se upar tod rahe hain .
Yeh kyun fail karta hai? Containment rule H i ≤ H 1 violate ho rahi hai. Yeh sirf ek ongoing rally hai, pause-then-resume structure nahi. Koi saaf "breather" nahi → yeh Three Methods pattern nahi hai.
Common mistake "Teen chhote candles bilkul teen hone chahiye, sab red."
Sahi kyun lagta hai: naam mein "three" hai aur classic drawing mein red candles dikhaaye jaate hain.
Fix yeh hai: spirit yeh hai ki ek halka, contained pause ho — kabhi kabhi 2 ya 4 chhote candles bhi ho sakte hain, aur colour vary kar sakta hai. Jo rules sach mein mayne rakhte hain woh hain containment aur final breakout close jo candle 1 se aage jaaye . Count pe zyada mat atak; structure test karo.
Common mistake "Yeh ek reversal signal hai."
Sahi kyun lagta hai: beech ke candles trend ke khilaaf jaate hain, toh yeh turn jaisa dikhta hai.
Fix yeh hai: yeh ek continuation pattern hai. Trend-ke-khilaaf candles jaanbujhkar kamzor aur contained hote hain — yahi poora point hai. Agar inhone range tod di hoti, toh yeh reversal hota, yeh nahi.
Common mistake "Candle 5 kahan close karta hai yeh ignore karo, shape kaafi hai."
Sahi kyun lagta hai: aankhein shape ko turant pehchaan leti hain.
Fix yeh hai: pattern tabhi confirm hota hai jab C 5 C 1 se aage close kare (rising ke liye upar, falling ke liye neeche). Us objective breakout close ke bina, pause abhi bhi fail ho sakta hai. Commitment se pehle confirmation.
Recall Dekhne se pehle predict karo
C1 (green, 100→109) diya, phir teen chhote contained reds, aur C5 104 pe open hota hai. Forecast: ek valid rising three methods ke liye, C5 ko ___ se upar close karna chahiye aur ___ candle hona chahiye. Phir formula box se check karo.
(Jawaab: C 1 = 109 se upar; ek lamba green candle.)
Rising Three Methods kis type ka pattern hai? Ek bullish continuation pattern (uptrend mein).
Classic Three Methods pattern mein kitne candles hote hain? 5 (ek lamba, teen chhote, ek lamba).
Rising Three Methods mein teen chhote candles candle 1 ki range ke ___ rehne chahiye. Andar (contained: highs ≤ H₁, lows ≥ L₁).
Rising Three Methods confirm kya karta hai? 5th candle ek lamba green hota hai jo candle 1 ke close se upar close karta hai (C 5 > C 1 ).
Falling Three Methods confirmation condition? 5th candle lamba red, candle 1 ke close se neeche close karta hai (C 5 < C 1 ).
Beech ke candles chhote aur trend ke khilaaf kyun hote hain? Yeh kamzor profit-taking/noise represent karte hain — ek saanस lena, control ke liye sachchi ladaai nahi.
Rising Three Methods ke liye stop kahan lagate hain? Candle 1 ke low (L 1 ) se neeche — agar woh toot gaya, thesis fail hai.
Agar beech ke candles candle 1 ke high se upar chale jaayein, toh kya yeh abhi bhi Rising Three Methods hai? Nahi — containment violate ho gayi; yeh sirf ek ongoing rally hai.
Continuation vs reversal: Three Methods kaun sa hai? Continuation.
Lamba candle 1 kya prove karta hai? Kaun si side (buyers/sellers) filhaal trend control kar rahi hai.
Recall Feynman: 12-saal ke bachche ko samjhao
Socho tum ek pahaad pe bahut tezi se bhaag rahe ho (bada green candle). Tum thak jaate ho aur kuch kadam ke liye dheemi ho jaate ho, thoda peechhe bhi fisal jaate ho (teen chhote candles) — lekin tum kabhi wahan nahi lud jaate jahan se shuru kiya tha . Phir tum saanस lete ho aur pehle se bhi zyada upar sprint karte ho (aakhri bada candle). Us chhoti rest ka matlab yeh nahi tha ki tumne haार maani — matlab tha ki tum aur tezi se jaane se pehle sirf saanस le rahe the. Falling version same hai, lekin pahaad neeche bhaagte hue.
"Bada – aaraam – aur bada, same direction mein."
Ya: R ising = R ally R esume; F alling = F urther F ault F alls. Pause ek comma hai, full stop nahi.
Candlestick Patterns — parent chapter
Continuation vs Reversal Patterns — yeh ek continuation type hai
Single Candle Anatomy (OHLC) — test karne ke liye open/high/low/close chahiye
Support and Resistance — candle 1 ka low/high invalidation level ki tarah kaam karta hai
Bullish and Bearish Engulfing — contrast: woh reversal patterns hain
Trend and Pullback Trading — Three Methods ek textbook pullback-continuation entry hai
Risk Management and Stop Loss — stop candle 1 ke extreme se aage jaata hai
Final long candle closes above C1