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Dodji

PRICE ACTION SPEAKS LOUD ON GBPJPY"Who is in control of price?" i will ask myself this question to make sure i take the correct trades and think about the trade in more details... what i see here according to price action its a nice bullish preceding trend that gets stuck on an area of resistance (which is full of sellers) and shows me this beautiful indecision candle or almost-dodji candlestick that indicates indecision between buyers and sellers. i will be taking this trade at the low of the indecision candle, that way i will have some confirmation that bears want to sell and take the price down. my risk reward? simple, 1:2.5 Good luck to myself!
Short
by daldertg