The doji bar trading candlestick can be very powerful.

Being able to identify price action and what different trading candlesticks are showing is important. It’ll help you master your trading strategies and give you a better overall trading perspective on price action. This applies to the stock, crypto, and forex markets as well. Every day trader needs to know this! #daytrading #trading #daytrader #stockmarket #stocks #tradingstrategy
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emmanuel_trades

2024-04-07 01:36:14

this is day trading tip number nine out of one hundred let's get it you do not want to be missing out on the other tips so you need to follow this account right now whenever you see a candlestick that looks something like this it's called a doji bar doji bars have super small bodies and long wicks or tails at both the top and bottom of the candlestick tojo bars represent a battle between the buyers and the sellers that nobody really wants
in other words both the buyers and the sellers tried to take control of price but it ended up in a tie
doji bars can be used as excellent reversal candles and also as entry candles as well for example during an uptrend if you get a retracement you could use the doji bar as an entry bar to get into that retracement setup or by setup and then ride the move higher