Hello Friends,
I'm trying to learn various candlestick pattern & trying to work out a method that can be really effective.
I was told that morning doji star is very effective bullish pattern.
While working with last 6-12 monhs data I found above is very true as almost 45 stocks (out of NSE F&O scripts only) made this patterns & till date not violated low they have made during this pattern.
Impressed with above findings, I tried to search various resources for this particular pattern & related strategies. However I really could not find anything worth mentioning. Can anyone help me in finding answes like after such pattern what should be the entry, stop loss, target etc.? Also what if there are down days after such pattern emerges on the chart.
I really appreciate any help in this regards.
Regards,
I'm trying to learn various candlestick pattern & trying to work out a method that can be really effective.
I was told that morning doji star is very effective bullish pattern.
While working with last 6-12 monhs data I found above is very true as almost 45 stocks (out of NSE F&O scripts only) made this patterns & till date not violated low they have made during this pattern.
Impressed with above findings, I tried to search various resources for this particular pattern & related strategies. However I really could not find anything worth mentioning. Can anyone help me in finding answes like after such pattern what should be the entry, stop loss, target etc.? Also what if there are down days after such pattern emerges on the chart.
I really appreciate any help in this regards.
Regards,