What is Doji Candlesticks Pattern in Silver Trading?
What Does Doji Candlestick Mean? - Doji Candlestick Definition
Doji is a candlestick pattern with the same opening & closing xagusd price. There are various types of doji candlestick patterns that form on charts.
A doji candlestick is where xagusd trading price on a silver chart for a particular time period closes almost at the same xagusd price. Doji candlesticks look like a cross, inverted cross or a + math sign.
The following examples explain various patterns of the doji candle:
Long-legged doji candle has long upper & lower shadows with opening and closing xagusd price at the middle. When the Long-legged doji pops up on a Silver chart it indicates indecision between xagusd traders, the buyer and the sellers.
Below is an example screen shot image of the Long Legged
What is Doji Candles in Silver Trading? -Technical Analysis of Doji Silver Candlestick Pattern
Technical Analysis of Doji Silver Candle Pattern
Cross doji xagusd trading candlestick pattern has a long lower shadow & a short upper shadow & the open & close of the day is the same.
This silver candlestick pattern appears at market turning points & warns of a possible silver trend reversal in the Silver. Shown Below is as example of this Cross doji candle formation
Cross Doji XAGUSD Candlestick Pattern - Technical Analysis of Doji Silver Candlestick Pattern
Technical Analysis of Doji Silver Candle Pattern
Inverted cross doji xagusd candle pattern - candles have a long upper shadow and a short lower shadow and the open and close is the same.
This reversal doji silver candlestick pattern appears at market turning points & warns of a possible silver trend reversal in the Silver. Shown Below is an example of this reversal doji xagusd candlestick pattern
Inverted Cross doji XAGUSD Candlestick Pattern - Technical Analysis of Doji Silver Candlestick Pattern
Technical Analysis of Doji Silver Candlestick Pattern - All doji xagusd candles pattern show indecision in the Silver Trading market this is because at the top the buyers were in control & at the bottom the sellers were in control but none could gain control & at the close of the xagusd trading market the xagusd trading price closed unchanged at same xagusd trading price as the opening xagusd trading price.
This doji silver candlestick pattern shows that the overall xagusd trading price movement for that day was zero pips or just a minimum range of 1-3 pips. Reading these candlesticks patterns require very small pip movement between the opening xagusd price & closing xagusd trading price.
