Continuation Stock Candle Setup Patterns - Doji Candlestick Pattern
Doji Candles Pattern
Doji Candlestick 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 & closing stock price at the middle. When the Long legged doji candlestick pattern appears on a chart it illustrates and shows indecision between the stock traders, buyer & the sellers(bears).
Displayed Below is exemplification image image screen-shot of the Long Legged Doji Stock Candle Pattern
- How to Trade Doji Candle-sticks Setup Patterns - How to Interpret Doji Candlesticks Pattern
Cross Doji Candle Pattern
Cross doji candlestick pattern has a long lower shadow and a short upper shadow & the open and close-out of the day is same.
This cross doji candlestick pattern setup pops up at market turning points and warns of a possible trend reversal in the Stock 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 Candles Patterns
Inverted Cross Doji Candlestick Pattern
Inverted cross doji candlestick pattern setup have a long upper shadow & a short lower shadow & the open and close is the same.
This inverted doji candle pattern reversal indices setup pops and shows up at market turning points and warns of a possible trend reversal. Below is illustration
- Inverted Cross Doji Candle Pattern
Analysis of Doji Candlesticks Patterns - All doji candlesticks pattern show the indecision in the stock market trend - this is because at the top of trend the buyers(bulls) were in control, at the bottom of the trend the sellers(bears) 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 and shows the overall stock indices price movement for that particular given trading period was 0 pips or a minimum price range movement 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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