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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 patterns are a popular tool used by traders to analyze market trends and forecast future price movements. They are based on the concept that price action is not random and can be predicted using patterns formed by candlesticks on a chart. 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… Read More »Candlestick patterns