Friday, January 3, 2014

DOJI

DOJI: is a candlestick with the opening and closing prices are virtually equal, the length of the body is null or close to null, showing showing indecision about the direction of the market, possible a turning point could develop soon. If Doji appears after an advance or a long up candlestick to show that buying pressure is getting weaker; after a decline or a long down candlestick shows that selling pressure is diminishing.

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