Wednesday 18 June 2014

Doji Candlestick Pattern

The Doji is indecision between bulls and bears. A Doji signify the balance between supply and demand in the markets. Doji candlestick has long shadows. 
A Doji is formed when its open and close prices are the same or close to
each other.
doji candlestick has no or a very small body. A doji is a key trend reversal indicator.
Doji Candlestick Pattern


A Doji breakout setup provides an excellent risk to reward chance for Forex traders.
Price trader above the high of doji for a bottom reversal.
Price trader below the low of doji for a top reversal.
Doji Candlestick Pattern

Doji Candlestick Pattern


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