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Tagged: DOJI
Indicates trend changing. If it appears in bullish pattern the trend will be bearish. <span style=”line-height: 1.5;”>If it appears in bearish pattern the trend will be bullish.</span>
during this period the traded volumes should be high.
Doji means neutral and looks like a star. Doji occurring with a good volume indicates a trend reversal, ie, bullish trend becomes bearish and vice versa. Hence Doji is used to study trend changes in the market.
When a Stock Opens And Closes at the Same Level, It Looks Like a Star
There Will be no Body. Because Stock Opened and Closed at the Same Level
Good Doji Appear Rarely But Very Powerful
As Per the Trend Movement, Create Short or Long Position.
Doji After a Sideways Trend May not indicate Anything
Doji is a very powerful price pattern. It looks like a star. Doji means null. When price opens and closes at the same level with a very good volume it is called as doji and when it occurs the trend reversal is expected to happen.
Doji is nothing. Open and close at same level but higher volume should be there. It looks like a star. Doji must be identified after significant rally. It shows the weakness of prior zoner, so it may show some reversal.
Powerful trend reversal pattern is Doji.
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