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Tagged: DOJI
DOJI is a neutral pattern looks likes a plus symbol both bulls and bears are equavalent..
It is the reversal pattern, solve need a clear rally in price before it appears. when price increases then it is short position, when the price decrease then it is long position.
It is reversal pattern so it should have a clear rally in price . Volume is mandatory to confirm doji.
doji means neutral.it can be ttermed bullish or bearish depending on the place and shape it occurs.
Doji means Neutral. Appearance of Doji after a significant Rally / Fall indicates the temporary pause.
Generally, the DOJI with the Higher Volume indicates the Trend Reversal. The DOJI followed by the sideways may not be considered.
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