Finally, "Dragonfly" doji reflect a day on which the prices opened higher, sold out, and then returned the opening price. In my experience, dragonflies, are pretty unusual. When they occur, however, they often solve bullishly (provided the stock is overbought as already shown by Bollinger bands and indicators such as stochastics). Here is an example of Dragonfly doji:
read more trade by doji signal
other posts
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- Keltner Channel Breakout
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- Bull Call Spread Calculator
- Secret Heiken Ashi
Tuesday, August 23, 2011
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