Tags » Doji

NASDAQ 100: Big doji at 2016 high

Since the beginning of the year the index gained more than 3.0% also last week managed to gain more than 0.5% and is in a warning phase since the end of October. 91 more words

Analysis

Trade Setup: EUR/GBP - 23 Sep 2016

Trade Setup: EUR/GBP – 23 Sep 2016

Candle Stick Pattern: Shooting Star, Doji and then confirming by closing below at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).

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The spinning top

The spinning to is a neutral pattern consisting of a short body with long wicks. This candle shows less indecision then the doji, which is a reversal pattern, which means it should be used as more of a consolidation candle in a trend and following candles should be watched closely.

Forex

Trade Setup: EUR/CAD - 13 Sep 2016

Trade Setup: EUR/CAD – 13 Sep 2016

Candle Stick Pattern: Upthrust & Doji at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).
Retesting previous resistance.

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Trade Setup: AUD/JPY - 6 Sep 2016

http://www.myfxguide.com/trade-setup-audjpy-6-sep-2016/

Candle Stick Pattern: Dark Cloud Cover at (1) and Doji at (2)
Confirmation:

Stochastic overbought range at (3), also confirming divergence at (3) & (4). 24 more words

The Doji

The doji candlestick is a sign of indecision with neither the buyers and sellers having control of the market, causing the session to open and close at the same price producing a doji candlestick. 172 more words

Forex

Miner Correction

The Miners formed a swing high on Tuesday following Monday’s Gravestone Doji.

Not all swing highs mark a cycle peak, however a cycle cannot peak without printing a swing high. 223 more words