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