doji

Trading Doji patterns

This article will explore what the Doji pattern is, how to identify it, and strategies for trading it effectively. What is a Doji Pattern? A Doji pattern is a Japanese candlestick chart pattern that occurs when the opening and closing prices of an asset are almost equal. This creates a candlestick with a very small body, with the open and close price almost touching each other. The resulting candlestick looks… Read More »Trading Doji patterns

Candlestick patterns

Candlestick charts consist of a series of candlesticks, each representing a certain period of time, such as a day or an hour. The candlesticks are made up of a body and two wicks or shadows. The body represents the opening and closing prices of the period, while the wicks represent the highest and lowest prices during that time. Here are some of the most common candlestick patterns: Doji Doji patterns… Read More »Candlestick patterns