Category: Price Patterns

Automated pattern recognition tools.

Price Patterns

Doji Candle Google Sheets Formula

The Doji candlestick is a pattern where the opening and closing prices are very close or almost the same. This pattern is significant because it can indicate moments of indecision among traders, which often occur at critical points such as the top or bottom of a range, the end of a trend, or around key support and resistance levels.

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