Candle Stick in Forex Chart | Back | ||||||
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Candle Stick is one very important tools in Forex Market. The are many signs to look out in candle stick chart. I will some which I have really read.
Doji is a T-shape candle stick with no body (body is a horizontal line) or small body T-shape candle stick. This is a usually reversal signal meaning if the trends is downwards before the doji stick, then after the doji stick will be upward trend. |
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Gravestone Doji
Here there is a long head shadow where the body is just a horizontal line at the bottom of the vertical line.
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Dragonfly Doji
Here there is a long tail shadow where the body is just a horizontal line at the top of the vertical line.
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Long-Legged Doji
This doji is where the horizontal line in either nearer to the top of vertical line or nearer to the bottom of the vertical line.
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