a gravestone doji has a wick on either side and an extremely small body. PLUS wait for the close before you call something on a weekly timeframe ;)
TipTVFinance
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not necessary,,.and not in favour of waiting. ... similar candle was there on EURUSD weekly two weeks ago. If I had waited.. would have missed the bus. on monthly and weekly timeframes I prefer to go with the flow rather than wait for closing
Alex.Singletary
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that was a good example of it working out yes
TipTVFinance
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Agree with closing. Only fear is waiting for closing on weekly and monthly becomes a pain for me.. bcuz by then its oversold on daily most of the times and then there is a recovery before effect of bearish closing on monthly/weekly kicks in. Hence, I prefer to check only daily closing and go with the flow on monthly and weekly.
But completely agree.. better is to wait for closing