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Ereana_Swan
May 17, 2020 4:41 PM

Break Out After Doji - Price is staying above 8 EMA Long

Clorox Company (The)NYSE

Description

Break Out After Doji (Morning Star) - Price is staying above 8 EMA, Clorox is working 24 hours a day to meet the supply-demand to fight coronavirus.

Trade closed: stop reached

Broken rule of doji. It was high probability set up, most likely if the candle after doji opens and closes positive and above the doji then price will go up. It did not happen here. Always good to have a stop. :)
Comments
ner0417
You might be right, but it might want to match the pattern on the orange curve you have there, and then bullish!
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