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Continuation Stock Indices Candlestick Patterns - Doji Indices Candlestick Pattern

Doji Indices Candlesticks Pattern

Doji Indices Candlestick Pattern is a candlestick pattern with the same opening and closing indices price. There are various types of doji candlesticks patterns that form on stock indices charts.

The following examples show various candlestick patterns of the doji candlestick:

Long-legged doji candlestick pattern has long upper and lower shadows with the opening and closing stock indices price at the middle. When the Long-legged doji candlestick pattern appears on a Indices Trading chart it indicates indecision between stock indices traders, the buyer and the sellers.

Below is an example screenshot image of the Long Legged Doji Stock Indices Candlestick Pattern

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Cross Doji Indices 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 the same.

This cross doji candlestick pattern appears at market turning points and warns of a possible indices trend reversal in the Indices. Below is as example of this cross doji candlestick pattern formation

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Inverted Cross Doji Indices Candlestick Pattern

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

This inverted doji candlestick pattern reversal indices pattern appears at market turning points and warns of a possible indices trend reversal. Below is an example

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  • Inverted Cross Doji Indices Candlestick Pattern

Technical Analysis of Doji Indices Candlesticks Patterns - All doji candlesticks pattern show indecision in the stock indices trading market indices trend - this is because at the top of indices trend the buyers were in control, at the bottom of the indices trend the sellers were in control but none of them could gain control and at the close of the stock indices trading market the stock indices price closed unchanged at the same stock indices price as the opening indices price. This doji candlestick pattern shows that the overall stock indices 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 indices price and closing stock indices price.

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