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Sunday, 23 January 2011

How to use doji cndlestick patterns

Doji:The doji is a characteristic figure whose opening level is equal to the closing level. Indeed, one can interpret this figure as one in which UT Bulls and Bears have delivered a battle after which there was no winner. Interpretation:If the trend prior to the appearance of a doji is bullish (bearish), it means that buyers (sellers) during the firing up (down) because their buying frenzy (Panic selling) was very strong.But beware, a doji...

Adam and Eve chart pattern

The dip in Adam and Eve is a variant of the double bottom. So a figure of reversal, it generally occurs after a downtrend. This figure takes the form of a double bottom it is different in that the first bottom is shaped like a "V" and the second bottom in the shape of "U".via- Candlestick Course ...