TUTORIAL
Today's candle (4/27/2020) formed a Doji. A Doji is a "Neutral Candle" indicating trader indecision. A "Close" above the "High" of the Doji indicates the price is ready to move higher and a "Close" below the "Low" of the Doji indicates the price is ready to move lower.
TRADING
Go "Long" on a Close above the High of the Doji or go "Short" on a Close below the Low of the Doji.
Today's candle (4/27/2020) formed a Doji. A Doji is a "Neutral Candle" indicating trader indecision. A "Close" above the "High" of the Doji indicates the price is ready to move higher and a "Close" below the "Low" of the Doji indicates the price is ready to move lower.
TRADING
Go "Long" on a Close above the High of the Doji or go "Short" on a Close below the Low of the Doji.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.