A bearish DOJI is witnessed followed by continuous bearish rally indicates a trend reversal.
Volume seen on the DOJI day is quite average.
Short position can be placed at the entry price and below 114.7
The risk taken is 22.3 and whose target is assumed to be 1119.4 which is achieved at the 3rd day from the DOJI day.
The immediate next day to DOJI day crosses the stop loss level, hence we may exit from the market.
The trade can be done on the 2nd day from DOJI day where the analysis meets it’s entry price.
