Cellmid (CDY) my tip from the weekend thread.
Has reached a state of equilibrium displaying double doji candles on the daily.
Explanation from author of niftytechnicalsonly.blogspot
is FYI if you are following it:
"The double doji formation is neither a bullish or bearish formation, but represents a condition in which the open and close for the first session are the same, followed by a second session in which the open and close are again the same.
The Doji hints us that the market is in a state of balance of powers: the buyers strength has run out but so is the sellers'. So this is a state of temporary calmness before a major move. This pattern is usually found when both sellers and buyers are exercising the same pressure.
Double doji refers to the equilibrium state in which buyers and sellers are. Thus, typically it can be interpreted as a sure signal that a trend reversal will occur.
Mark the boundaries of theses "double doji" for a confirmed breakout or breakdown."
so basically the next solid candle either up or down should indicate or confirm the future direction of the break.
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