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Collapsing Doji Star

by admin April 5, 2019 1 min read 0 comments

Key Takeaways

  • Market conditions and their impact on trading decisions
  • Key levels and price action analysis
  • Risk management strategies for this setup

– Normally it should be a signal of reversal of the current Trend.

– Is a rare Pattern.

– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.

– The First Candle is white.

– Then there is a Gap Down.

– The Second Candle is a Doji Candle.

– The Third Candle is black, that gaps down from the Second Candle.

– The Shadows of the Three Candles should not overlap, so that the Doji Candle remains “surrounded” by the Two Gaps Down.

Trading Data Snapshot

Always verify current market conditions before executing any trade. Past performance does not guarantee future results.

A
admin
Trading analyst and market commentator with expertise in technical analysis, price action, and risk management. Dedicated to helping traders make informed decisions.

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