Continuation Stock Candle Setup Patterns - Doji Candle Pattern
Doji Candles Pattern
Doji Candle Pattern is a candle setup pattern with same opening & closing price. There are various types of doji candlesticks patterns which form on stock charts.
following examples show various candle patterns of the doji candle:
Long-legged doji candlestick pattern has long upper and lower shadows with opening and closing stock price at the middle. When the Long legged doji candlestick pattern appears on a chart it illustrates indecision between the stock traders, buyer & the sellers.
Shown Below is example image image screenshot of the Long Legged Doji Stock Candle Pattern
- How to Trade Doji Candle-sticks Setup Patterns - How to Interpret Doji Candlesticks Pattern
Cross Doji Candlestick Pattern
Cross doji candlestick pattern has a long lower shadow and a short upper shadow and the open and close of the day is same.
This cross doji candlestick pattern setup pops up at market turning points & warns of a possible trend reversal in the Indices. Below is as example of this cross doji candlestick setup formation
- Cross Doji Pattern - Doji Stock Candle Setup Patterns - Doji Consolidation Stock Candles Pattern - Continuation Stock Candle Setup Patterns - Doji Candlesticks Patterns
Inverted Cross Doji Candle-stick Pattern
Inverted cross doji candlestick pattern setup have a long upper shadow and a short lower shadow and the open & close is the same.
This inverted doji candle pattern reversal indices setup pops up at market turning points & warns of a possible trend reversal. Below is example
- Inverted Cross Doji Candlestick Pattern
Analysis of Doji Candlesticks Patterns - All doji candles pattern show indecision in the stock market trend - this is because at the top of trend the buyers were in control, at the bottom of the trend the sellers were in control but none of them could gain control and at the close of the trading market the stock price closed unchanged at the same stock price as the opening price. This doji candlestick setup portrays that the overall stock price movement for that particular day was 0 pips or just a min range of 1 3 pips. Reading these doji candlestick patterns require very small pip movement between the opening stock price & closing stock price.
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