Market Maker Weekly Doji Templates (Outstanding 33% Chance)
Going through this set of data since late 2021 or 140 weekly candles, I have discovered that an astounding number of weeks are of the Doji type ( 1 Out of 3 )
My previous post was about pin hammer bars and they represent 17% of all weekly candles.
Between dojis and pin hammers, that is equal to 50% of all weekly candles.
The other 50% of candles represent expansion bars (small, medium, and large)
In most cases on a doji week, what ever price the week opens with, price will tend to go back and forth around that price for either a high of week sell or low of week buy.
If this short week is indeed a doji, then it should rotate around the week's opening price of 39,160
And, since most weekly doji candles are roughly 350-600 ticks from the high to low, then that will be a good spot to look for reversals.
I won't know how this week unfolds until it unfolds, I can only watch and react accordingly.
My previous post was about pin hammer bars and they represent 17% of all weekly candles.
Between dojis and pin hammers, that is equal to 50% of all weekly candles.
The other 50% of candles represent expansion bars (small, medium, and large)
In most cases on a doji week, what ever price the week opens with, price will tend to go back and forth around that price for either a high of week sell or low of week buy.
If this short week is indeed a doji, then it should rotate around the week's opening price of 39,160
And, since most weekly doji candles are roughly 350-600 ticks from the high to low, then that will be a good spot to look for reversals.
I won't know how this week unfolds until it unfolds, I can only watch and react accordingly.
Ghi chú
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.