What is working " Doji Bullish " candel in stock market


A "Doji Bullish" candlestick pattern in the stock market is a technical analysis pattern that suggests potential bullish (upward) price movement. It typically looks like a cross or a plus sign, where the opening and closing prices are very close or nearly the same, and there are long wicks or shadows extending both above and below the central cross.

This pattern indicates indecision in the market, with neither the bulls nor the bears having a strong upper hand. However, when a Doji Bullish forms after a downtrend, it can signal a potential reversal or a shift in sentiment towards the bulls, but it's important to consider other technical indicators and price action for confirmation before making trading decisions.

Post a Comment

0 Comments