That means that the open, close, and high are all at the exact same level. This type of pattern is interpreted as a strong buy signal when it appears at the bottom of a downtrend. For example, if you think that a common doji at the bottom of a downtrend means possible reversal, you can test the bullish bias using the stochastic oscillator.
- Following a price advance, the dragonfly's long lower shadow shows that sellers were able to take control...
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