Such an odd DOJI candlestick on the $F FORD daily contained above a gap up from the previous day. I know a DOJI needs to open and close at the same relative price for the day, but is it still considered a DOJI on a gap up? Please help!
D1 : Yesterday's price action confirmed the ongoing bearish mode in making a "Doji shooting star" pattern ! More important is the fact that the intraday recovery failed to move above Kijun-Sen @ 34867 and also MBB @ 35655 Therefore, it is an additional trading session which confirm a downtrend still intact on D1 time frame Moreover,...
H4 : Over the last 4 hours, price action triggered a "doji shooting star" which is already the first signal of a potential trend reversal Therefore the next H4 period will be very important to look at. Indeed, a closing price below the closing of the former doji shooting sta$ would confirm this bearish pattern, calling for further downside...