Skillsfirst Level 3 Certificate in Introduction to Financial Trading (RQF) - UNIT 1: Principles of financial trading
Skillsfirst Level 3 Certificate in Introduction to Financial Trading (RQF) - UNIT 2: Principles of Financial Planning and Cash Flow in Financial Trading
Skillsfirst Level 3 Certificate in Introduction to Financial Trading (RQF) - UNIT 3: Understanding financial trading techniques

DOJI

Doji lines are patterns with the same open and close price. There are four special types of Doji lines.

  • The Long-legged Doji has a long upper and lower shadows with the price in the middle of the range. It indicates indecision of traders.
  • The Dragonfly Doji has a long lower shadow and no upper shadow. It is a good indication of bearish trend reversal.
  • Gravestone Doji line has a long upper shadow and no lower shadow. It is a good indication of bullish trend reversal.
  • Four Price Doji’s all prices: open, high, low and close are the same for a trading day. It’s a very unique line indicating the indecision of the traders, or very quiet market.

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