“Gravestone” Doji: An example of successful trading
Doji is a “flat” candlestick, in which the opening price equals the closing price. “Gravestone” Doji is a candlestick in which the opening price is equal to the closing price and has the upper shade. When this candlestick appears, it is usually a sign that the trend will reverse or end the correction period.
Here is an example:
What do you find?
- The market has a strong upward trend. Hence, it is better for you to trade UP.
- There is a small adjustment, near the end of this adjustment is a “gravestone” – a short red candlestick with long shadows and no lower shadow.
- Soon after, the “Three Soldiers” candlestick appears – this is another sign that you will make a successful trading UP!
Can you see everything as depicted in the picture? If so, look for candlesticks to trade now!
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