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Doji means neutral.
Appears after significant fall,if volume was high during formation of doji then its an bullish doji or morning
buy above doji high …sell below doji low….
Doji means neutral, Here the opening and closing of the market is at same level. it should always be preceded by either bullish or bearish trend. volume traded should be high. IT is basically an indicator for trend reversal.
Doji means neutral in japanese.
It helps us in understanding change in current trend.
It means the open and close of the market are almost at the same level, with fairly equivalent high and low.
Doji requires a significant rally of price rise or fall with high volume to indicate bearish or bullish trend reversal respectively.
Doji is neutral. Opening and closing should be equivalent. Good Doji appears rarely, but very powerful. Thin shaped, cross shaped or that looks like plus sign.
If appears after a significant rise / fall. Doji with high volume indicates trend reversal. Doji followed by a sideways movement may not be considered.
Long position is considered when price rises above Doji high and stop loss when goes below Doji low. Target is twice of the risk taken
Doji is a neutral sign. Dojis form when the Shares open and close are virtually equal. The length of the upper and lower shadows can vary and the resulting candlesticks looks like a cross ,inverted cross or plus sign. Any bullish or bearish bias is based on preceding price action and future confirmation. Doji conveys a sense of indecision or tug of war between buyers and sellers.
Doji followed by a side ways movement may not be considered.
long position can be created once the price crosses the doji high. The previous day’s low is the stop loss.
It can be sold at nearly twice the risk taken.
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