FOUR PRICE DIOJI

FOUR PRICE DOJI: is simply a horizontal line with noupper and lower shadows, rarely occur, the open price, high price, low price and close price are same, traders concern the market direction. It is not reliable, just important only in markets where there are not many doji. In a chart with many doji, the emergence of Four Price Doji does not have a signal shadows, occurring when prices trade well above and below the opening price but then close either exactly at or almost at the same level as the opening price, implying a loss of sense of direction, there is a great amount of indecision in the market, especially important when it occurs at market tops.