CFD Trading Read Reversal Doji Candlestick Pattern
This reversal doji candlestick pattern appears at market turning points & warns of a possible trend reversal in the CFD trend. Shown Below is an example of this reversal doji cfds trading candle pattern
Doji is a candle setup with same opening & closing cfds price. There are various types of doji patterns which are formed on cfds charts.
A doji candlestick is where price of a cfd for a particular time period closes almost at same price. Doji candles look like a cross, an inverted cross or a + math sign.
This reversal doji candlestick pattern appears at market turning points & warns of a possible trend reversal in the CFD. Shown Below is an example of this reversal doji cfds trading candle pattern
CFD Trading Read Reversal Doji Candlestick Pattern
Technical Analysis of Doji Candlestick Pattern - All doji candles pattern show indecision in the CFD Trading market this is because at top the buyers were in control, at bottom sellers were in control but none could gain control and at close of the market the price closed unchanged at the same price as the opening cfds price.
This doji candle setup displays that overall cfds price movement for that day was zero pips or just a minimum range of 1-3 pips. Reading these candles patterns require very small pip movement between the opening cfds price and closing cfds price.