Community Forex Questions
What is a doji candlestick?
A doji is a candlestick chart pattern in which the price rises or falls over a specific period of time of trading but closes extremely close to where it began. The doji candlestick is an indication of buyer and seller hesitation, so it could be a possible indicator for a trading opportunity.
A Doji is a candle that has the same opening and closing trading prices. A Doji candlestick is an indicator of indecision in the market, as buyers and sellers are at an equilibrium. It's important to note that the price wasn't up or down, which means that it's not very predictive of where prices might head next.
A doji candlestick is a type of charting pattern that indicates indecision in the market. A doji usually consists of a large real body with no upper or lower shadows, no wicks on either side, and trading at approximately the same level as the opening price. This pattern appears when traders are buying at roughly the same rate as they are selling.

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