the highest point comes before the fall
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What is a Doji Candlestick?
The doji candlestick is a chart pattern in technical analysis that is usually formed from a small trading range in a time period where both the open and closing price are nearly equal. A doji candlestick usually signals indecision for a direction in a market. A doji is not very significant inside a range bound market that is not clearly trending in one direction as the market is already indecisive. A doji that forms after a long term trend in one direction has more meaning as a potential signal for a reversal or end of a current trend. A doji shows the beginning of a loss of momentum in the current market direction ... (full story)