Candle stick pattern ki explanation

The result is a standoff. Neither bulls nor bears were able to gain control and a turning point could be developing.......

Different securities have different criteria for determining the robustness of a doji. A $20 stock could form a doji with a 1/8 point difference between open and close, while a $200 stock might form one with a 1 1/4 point difference.....

...... Determining the robustness of the doji will depend on the price, recent volatility, and previous candlesticks.......

........ Relative to previous candlesticks, the doji should have a very small body that appears as a thin line.............

Steven Nison notes that a doji that forms among other candlesticks with small real bodies would not be considered important....

a doji that forms among candlesticks with long real bodies would be deemed significant.The relevance of a doji depends on the preceding trend or preceding candlesticks....

... . After an advance, or long white candlestick, a doji signals that the buying pressure is starting to weaken.........

Doji indicate that the forces of supply and demand are becoming more evenly matched and a change in trend may be near........

After a decline, or long black candlestick, a doji signals that selling pressure is starting to diminish.. Doji alone are not enough to mark a reversal and further confirmation may be warranted....

After an advance or long white candlestick, a doji signals that buying pressure may be diminishing and the uptrend could be nearing an end.....

Whereas a security can decline simply from a lack of buyers, continued buying pressure is required to sustain an uptrend.........

Therefore, a doji may be more significant after an uptrend or long white candlestick. Even after the doji forms, further downside is required for bearish confirmation....

This may come as a gap down, long black candlestick, or decline below the long white candlestick's open.After a long white candlestick and doji, traders should be on the alert for a potential evening doji star.....

After a decline or long black candlestick, a doji indicates that selling pressure may be diminishing and the downtrend could be nearing an end.....