Candlestick Camp
Long shaven candle indicates strong momentum in price movement. Doji candle signifies a loss in momentum.
Doji
Candle reversal patterns are only valid when they form near significant support and resistance levels, not in the middle of a ranging market.
Ignore any shaven candles on the charts during times when important economic news is announced.
Never try to predict trend reversals and enter the market based on a single Doji candlestick in a downtrend movement!!!
The presence of long multiple shadows usually indicates the weakening of support or resistance levels.
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