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Trading Glossary

Doji

The Doji is the candlestick pattern that is formed when the opening price of the market is equal to the closing price. In this the length of the candle upper and lower shadow is vary resulting candlestick that is formed like the cross and the inverted cross or a plus sign. The horizontal line of the Doji shows that the open and close occurred at the same level.The vertical line of the Doji represents the total trading range of the timeframe.