A "Doji" is a candlestick is opening and the closing price of the period of time on a single candlestick is equal, or very close to each other.
The range of values from the row, or shadow, may vary, as shown in the example shown below; these variations can appear as a plus sign, crossing or an inverted Cross and additional types appears as a reverse "T" or "T".
The Doji is an indication of indecision where buyers and sellers fight each other fairly equally to identify the next move.Typcially this is in line with price action just before a reversal of a trend which is coming to an end.
There are other scenarios where a Doji may occur just before a move that is affected by an event that has an unknown result. once the outcome is known, just disappears and a shift in direction occurs based on this fact.
To identify the next movement direction, it is necessary to take a look at the previous candles as a confirmation of the course.
Return from "what is a" Doji "In stock" Trading Terms
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