Continuation Stock Candle-stick Setup Patterns - Doji Candle Pattern

Doji Candles Pattern

Doji Candle Pattern is a candlestick pattern with same opening & closing price. There are various types of doji candlesticks patterns that 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 shows indecision between stock traders, buyer and the sellers.

Shown Below is example image image 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 candle 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 pops up at market turning points & warns of a possible trend reversal in the Indices. Below is as example of this cross doji candlestick pattern formation

• Cross Doji Pattern - Doji Stock Candle-stick Setup Patterns - Doji Consolidation Stock Candles Pattern - Continuation Stock Candle-stick Setup Patterns - Doji Candlesticks Patterns

Inverted Cross Doji Candle-stick Pattern

Inverted cross doji candlestick pattern have a long upper shadow and a short lower shadow and the open & close is the same.

This inverted doji candle pattern reversal indices pattern pops up at market turning points & warns of a possible trend reversal. Below is example

• Inverted Cross Doji Candle 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 day was zero pips or just a minimum range of 1-3 pips. Reading these doji candlestick patterns require very small pip movement between the opening stock price & closing stock price.