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Date published: Sun, 05 Sep 2010 10:23:22 GMT
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Neutral Candlestick Formations
Spinning Tops
This is a neutral pattern that occurs when the distance between the high and low, and the distance between the open and close, are relatively small.
Doji
This candle implies indecision. The open and close are the same.
Double Doji
This candle (two adjacent doji candles) implies that a forceful move will follow a breakout from the current indecision.
Harami
This pattern indicates a decrease in momentum. It occurs when a candle with a small body falls within the area of a larger body. This example a bullish (empty) candle with a large body is followed by a small bearish (filled-in) candle. This implies a decrease in the bullish momentum.
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