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<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>when the Opening Price & closing price are the same a candle stick is formed with long highs and lows this is called a DOJI. After a few bearish days if DOJI is formed, then long position should be created, if DOJI is formed after positive trends for many days then short position </span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>should be created.</span>
Neutral position of the pattern is called as doji indicates the strength of trend change if volume is high with green body occur after a fall in price.
Long position should be consider with high profit
Profit = Upper tail value of the previous pattern + 2 Risk(Difference of upper tail-lower tail)
Doji means neutral. That means there is very less movement between the open and close for the day. Based on this nature it represents like a star.
This is well qualified when it forms after a significant price fall or up with a good volume.
During the reversal pattern, if bullish, go long on the top of the doji with stop loss at the bottom of the doji, next day. vice versa for bearish.
Doji means neutral. the open price & close price very close.r it is used to find the indicate reversal.
DOJI means neutral
morning star(bullish doji) and evening star – named by Americans
When a thin, star like body appears in a candlestick chart, it is called DOJI
It actually indicates that a stock opens and closes at almost the same price on a particular day
DOJI with high volume is an indication of Trend Reversal
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