Please write details about Doji candlestick. Is it use full to use in share market for trading?
A doji candlestick is a reversal signal, on both directions e.g an uptrend or downtrend. It’s very useful in all financial markets
thank you.
A doji candlestick is a sign of price indecision. Price may continue in the same direction as before or it may reverse or it may range. A doji does not indicate a reversal is the most likely outcome.
which trading indicator is more appropriate for you it depends on your trading knowledge and experience ? are you a completely newcomer?
Tommor put it very succinctly. If you see a doji candlestick prepare for a reversal but be on the lookout that it may not happen.
Yes I am new but still I am not trading on commodity but trading on share market in Nepal. Still I am not sure which indicator is better for me. I am using Stocastic RSI and Ichimoku cloud. But Ichimoku cloud is very difficult for me.