After a price rise, the Doji was Identified. Volume was high on the Doji day. The Trade taken is a short position with Entry point A (11043.6) which is the low of the Doji candle, The stop loss is point B (11118.1), which is the high of the Doji candle. Since its a Doji, the risk reward ratio is set at 1:2 hence the Target is point C (10894.6). The target was reached in 2 days.

2 Comments
  1. Naresh 3 years ago

    Hi,
    Volume should be high during the doji day

  2. Author
    Allen 3 years ago

    Will correct in the future Analysis. Thank You for the correction.

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