SerchFX
Short

DOJI WITH RSI DIVERGENCE

FX:GBPUSD   British Pound/U.S. Dollar
86 3 1
SHORT
ENTRY 16980
dojitrader
2 years ago
If I may suggest ~~~~
The last candle is a spinning top.
Why ? Because the green real body is much too big
for a doji. Therefore, a spinning top is much more neutral
than a doji - even just suggesting a short rest or small correction
depending on the before and after candle formations.
Doji's have an open and close that are only a couple of pips apart.
This is not my definition, but, that of Steve Nison, the father of western candlesticks.
I mention this because I think it is an important distinction when
calculating probabilities.
Best wishes and lots of pips in your pocket !!!
Reply
SerchFX dojitrader
2 years ago
Thanks @dojitrader for your comment !! :) Yes maybe it's not a perfect doji, just similar and I guess it's enough to take a little short !! :D
Best wishes for you mate, too !
Reply
SerchFX
2 years ago
Thanks @dojitrader for your comment !! :) Yes maybe it's not a perfect doji, just similar and I guess it's enough to take a little short !! :D
Best wishes for you mate, too !
Reply
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