Search This Site
Translation Web Sites TC2005 Candlestick Charts Patterns for Electronic and SIGN UP FOR Japanese Marketing
|
How to identify
The Gravestone Doji bear is very similar to the Shooting Star bear. With the Gravestone Doji bear the open and close are identical whereas the Shooting Star bear has a small real body at the lower end of the trading range. The Gravestone Doji bear is considered more bearish than a Shooting Star bear and has a higher reliability associated with it than a Shooting Star bear. The market gaps open above the previous day's close in an uptrend. It
rallies to a new high then loses strength and closes at the open or very
close to it which is a bearish change of momentum. Confirmation of the
trend reversal would by an opening below the body of the Doji on the next
trading day with a black candlestick, a large gap down or by a lower close
on the next trading day would confirm the trend reversal. BUY "Gravestone Doji Bear" Candlestick Chart Indicator add to cart Back to Glossary of BULL and BEAR Candlestick Chart Indicators. For an additional education on Japanese Candlestick Charting techniques, visit our Investment Bookstore and also check out the special pricing section called Fire Sale Books for great deals at the largest collection of Investment Books on the Internet. Click here if you'd like to be advised when the site is updated or refer this web site Home / Company Information / Promotions / TC2005 Candlestick Charts / Gift Certificate / Discount Book Store / Contests / Affiliate Programs / Internet Marketing Resources / Food for Thought ezine / Marketing Food for Thought ezine / Stock Market Info / Art / Telecom Services / Electronic Products / Favorite Links / Free Screensaver / Free Software / Email Updates / Refer This Site / Contact Us / By viewing this web site, you the visitor, agree to our
Disclaimer. |