Description
⋅ This Doji here, marked purple, works as a reversal candle.
Anywhere we find a Doji it can signal indecision entering the market.
Once we have the Doji at support, followed by a bullish candle... This confirms that change is coming.
One normally looks for a multiple candles for confirmation but the break and close above EMA10 and EMA50 should be enough to support this candle.
One can easily open a position here with very low risk and high potential rewards.
This is not financial advice.
Namaste.