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Doji

 

Description

 

Doji patterns are simply crosses signifying market indecision. These neutral patterns form when an open and close are equal, indicating a virtual standoff between bearish and bullish sentiment in the market. 

 

It is the length of the upper and lower shadows that create different possible signals.

 

Also, the significance of a doji signal depends on where it appears in a trend. In an uptrend, a doji communicates that buying pressure is weakening. After a downtrend, a doji communicates that selling pressure is weakening. Further confirmation is needed to be sure that a reversal is imminent.

 

Market Opinion

 

Neutral.

 

Pattern

 

 

 

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Doji_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 
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