Doji - Technical Indicator Or Work Of Art?
Doji - Technical Indicator, Fortune Teller, Or Art?
I should have added Classic Rock to the headline. It's all the above and more, yet just 2 lines in the sand. When the next tide comes in, it will be washed away, leaving a clean slate for the next trade. I write often about Candelsticks and Chart Patterns, but if you scan the archives you'll see that my relationship with the Doji runs long and deep. When the woman accused of adultery was brought before Jesus to be judged, he knelt and wrote in the sand. Scripture does not reveal what he wrote, but many theories exist. Don't get too serious on me.
I've said it before and it still holds true, you could build a trading career on 2 lines in the sand. This Doji tonight fell into a special category where multiple roads intersect, but that's often the case. Isn't it?