A Doji after a rally indicates stress or Exhaust ,A Doji after a deep Move down indicate Future Move is Not Possible or Exhaust , A Doji In the Middle of Range Box ( Typical side way Move with in 5 % range ) Indicate No meaningful trend direction , so there are only three position it can occur as per your View , the 4th dimension is we call it as divergent bar in the Bullish Impulsive Trend , When it comes in Impulse move we Note the volume of it ( On daily basis) , we take the distance it has travelled so far before the Doji formation and then we forecast Next Target as 100 % distance , so Doji can come in between Impulse move but they represent Next move is equal to the distance it has already travelled ,
The data is very less on Doji & NR candles
Good luck
sankhyainvestments
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@ShreeKrishna very nice explanation of 4th one, learning for me Thnx sir
learningstock69
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@ShreeKrishna, excellent education..
much appreciated !
The data is very less on Doji & NR candles
Good luck