Despite the growing use of AI and HFT in trading, candlestick analysis is still relevant. Ever heard of a "Doji"? Let's shed some light on this candlestick pattern.

📌 A Doji is a candlestick that occurs when an asset's open and close prices are virtually the same, creating a thin line or a small-bodied candle on the chart. Visually, it resembles a cross, a plus sign, or a T.

Doji lies in its representation of market indecision. It suggests that neither buyers nor sellers were able to gain control during the trading period. This indecision often signals a potential reversal or a significant shift in market sentiment.

There are various types of Doji, each with its own nuances:

✅ "Gravestone Doji" has a long upper shadow, indicating that buyers initially pushed the price higher but lost control by the close.
✅"Dragonfly Doji" has a long lower shadow, suggesting that sellers dominated early on but lost momentum by the close.

When opening an option, it is important to consider other factors such as market context and trend analysis. For additional strategy confirmation, use vfxAlert signals.

To download vfxAlert, click here 📈📊🚀

#vfxalert_tutorial

We have compiled and tested the largest database of trading strategies. Choose the best here 👉 https://www.youtube.com/@Binary_Strategies

#vfxalert_trading_strategies

Strategy Characteristics
📍 Timeframe: M1-M5.
📍 Trading Asset: Any currency pair; no hidden fees.
📍 Trading Time: Forex trading sessions
📍 Expiration: not less than 5-7 minutes

Chart Setup
👉 EMA with periods 18 and 28. Determine the direction of the medium-term trend.
👉 WMA with periods of 5 and 8. Assess the strength, direction of "fast" trends and show the point of opening/closing options. In the Weighted Moving Average, the last prices have the greatest weight, and therefore the reaction to their changes is faster!

✔️vfxAlert should finally confirm signal. To download vfxAlert, click here

Trading signals
⬆️ CALL Option. Two fast WMA cross the slow EMA from the bottom-up.
⬇️ PUT Option. WMA crosses the slow EMA from top to bottom.

If all MA are close to each other, then this indicates a trend change. We remain outside the market and wait for the next signal. Open a trade on the next candle after binary signals.

#vfxalert_trading_strategies

Just a few hours until Black Friday – are you ready?

INSTRUCTIONS ON HOW TO SET UP VFXALERT FILTERS:

1️⃣ Go to the Filters tab in the Settings section.

2️⃣ Select forex or crypto assets

3️⃣ Select the required parameters

4️⃣ Fill in the name of your preset

5️⃣ Save the settings for this click "Create Preset".

6️⃣ In the Signal Type section open the created preset

👉 To download vfxAlert, click here👈

#vfxalert_instructions