Voice of Panda 🐼
For all #traders
A Doji candle signals market indecision with opening and closing prices close together and long or short wicks.
After seeing a Doji, consider its context: Confirm trend reversal, wait for confirmation with the next candle, consider the type of Doji (Gravestone, Dragonfly, Long-legged), and check other indicators like RSI and MACD before making a trading decision.
Wait for more market data and confirmation before taking action after spotting a Doji to make a more informed decision.
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