The candle Doge's one of the most forms of bollards that are overlooked in the Forex market, the main reason for this is probably that you can not use many of them, and they are not index most of the time, but if the market moves back in the direction of doji then considered a strong signal and enhance its value.
Doji candle itself finished unchanged. The market will move forward and backward in the band, but it will close either time period
As you can see from the picture at the top, the meeting represented by the doji candle has a lot of movement with both downward and upward movements move the market. But, with the end of the session, not much has changed. While this type of candles does not appear much in the moment, the next move is to become important. If you think about it, you see that doji readings considered plain logic.
Penetrate the top of a Doge or bottom of the candle
Penetrate the top of the candle or the bottom indicates that one of the competitors have lost the battle. For example, when a doji candle is plotted at the top, we understand that there is a lot of interest in the market at that level. Where he showed both sellers and buyers wanting to move the market, and while the band was breached, one of these two parties now losing money. This information is important, as this group you will also coverage and Dayatea of, which in turn lead only to accelerate the movement forward. In the end, if the sellers lost the battle, you will wish to circumvent and come back and buy again situation in order to minimize losses, which in turn will push prices higher.
Penetrate the top of the candle or the bottom indicates that one of the competitors have lost the battle. For example, when a doji candle is plotted at the top, we understand that there is a lot of interest in the market at that level. Where he showed both sellers and buyers wanting to move the market, and while the band was breached, one of these two parties now losing money. This information is important, as this group you will also coverage and Dayatea of, which in turn lead only to accelerate the movement forward. In the end, if the sellers lost the battle, you will wish to circumvent and come back and buy again situation in order to minimize losses, which in turn will push prices higher.
As with everything to do with technical analysis, the doji candle greater importance on the higher timeframes. And it takes a lot more information and a lot of trades additional candle is more than a weekly 15-minute candle, and thus draw a candle in the weekly time frame is natural that a larger struggle in the market.
Also, you mentioned that more formations candle appear in the areas of support and resistance. If there is clear support under the Doge based Candle infiltration towards the top, it shows the penetration of positions
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