today's bar was a powerful rickshaw doji.....this signifies a balance of power between the bulls and the bears....Trends by definition demand dominance by one party thus dojis usually warn of a trend change or at the very least a pause in the current trend....
so here could be a good entry point for a long position but don't assume the SP will pass the recent high without resistance..
happy trading
- Forums
- ASX - By Stock
- VLA
- chart
chart
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)