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Tagged: DOJI
DOJI means neutral(stock opens and closes at the same place)
It appears after a significant price fall(Bullish)so that we can buy
Doji means neutral in Japanese language. Doji denotes the market opens and closes at nearly same price.
This looks like a Star Shaped candlestick.
This appears after a significant price fall or rise, so indicating a strong trend reversal pattern. This helps us to create a Long or short position, according to the bullish doji or bearish doji.
DOJI is a candle stick pattern in which the opening and closing price difference is very small.
Appearance of doji with high volume shall be considered for price reversal. i.e after significant price fall, if Doji appears then we can take long position. similarly after significant price rally,if Doji appears then we can take short position.
Marks indecision of buyers and sellers. Denotes reversal pattern.
trading open and close are very similar values it is called doji
doji indication for trend reversal
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