A plus sign, a cross, or an inverted cross are all examples of Doji candlesticks. The short length indicates that the opening and closing prices of the traded financial asset are equal or have little variances. It is distinguished by its short length, which indicates a limited trading range. When studied along with a variety of other data, there are a lot of different candlestick patterns that signal multiple possible market directions.Ī Doji is a special pattern in a candlestick chart, which is a popular trading chart. The usual approach to forecasting trends and building a trading strategy is to examine candlestick patterns in the prices of assets traded on the stock market.
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