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Old 08-18-2007, 05:52 PM
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Re: Pattern Analyis: Doji
LOL. Looks like someone already stole my thunder (Apple Doji)............

$Idnu valid High Close Doji Pattern.

Some things to note:

1. Stopping volume on the doji line. We have Ultra High Volume on a Wide Spread candle that closes near its high and down from previous bar. If the volume was selling, then the close should not be in the upper portion. Also the next day should not be up.

* T1: possible first target- midpoint of the WRB.

* T2: possible second target-obvious top. Look for High volume wide spread bars PRIOR to this level if we are going to go thru. Or a Wide Spread Bar that trades thru this level on Ultra High Volume (pushing thru supply).

Last edited by Anonymous; 02-07-2008 at 07:41 AM.
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