Entry in Bullish Rally with Inside Candle
Entry in Bullish Rally with Inside Candle. This is perfect setup to add more position to your buying position or you can add new position.#forex #trading #forextrading #stocks #investing #finance #forexmarket #daytrading #trader #currencies #fx #forextrader #technicalanalysis
DRAGONFLY DOJI CANDLESTICk
The Dragonfly Doji is a candlestick pattern that forms when the opening and closing prices of a stock, currency, or commodity are the same or very close, and there is a long lower shadow and little to no upper shadow. This pattern suggests indecision in the market, with buyers and sellers grappling for control. It often signals a potential reversal if it occurs after a downtrend, indicating that selling pressure may be diminishing and buyers could be gaining strength. However, confirmation from subsequent price action is usually needed to validate the reversal signal.
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