DRAGONFLY DOJI CANDLE

WELCOME TO PROFIT DECISIONS

 IF YOU LEARN CANDLE STICKS & PRICE ACTION , THEN YOU WILL NOT BE ANY INDICATORS IN TRADING.

TODAY IS GOING TO TELL YOU ABOUT STRONG DRAGONFLY DOJI BULLISH CANDLE STICKS PATTERN.

THIS IS MOST POWERFULL STRENGTH CANDLE PATTERN IN MARKET.

LET'S START THIS POST -

DRAGONFLY DOJI CANDLE

DRAGONFLY DOJI -

WHAT IS DRAGONFLY DOJI CANDLE PATTERN??

DRAGONFLY DOJI CANDLE IS  A VERY USE IN TRADING.  THIS CANDLE WORK SUPPORT AMD RRSISTANCE ZONE. WITH THIS CANDLE WORK TO GO WELL A BULLISH TREND.

WITH THIS, WE ALSO KNOW THE FUTURE TRADING EASILY AND KEEP IN MIND THIS IS MOST IMPORTANT CANDLE PATTERN IN THE MARKET.

NOTES : IF YOU TAKE ANY TRADE, THEN TAKE CARE OF THEM -

1. ACCORDING TO THE MARKET CAN BULLISH OR BEARISH.  

2. NO MORE GREED IN THIS. 

3. YOU ALWAYS HAVE TO GO ON STOP LOSS TRAIL SO IF THE MARKET REVERSE, THEN YOU EXIT WITHOUT LOSS.

4. IF THE MARKET SIDEWAYS THEN YOU HAVE TO WAIT.

5. DO THIS TECHNICAL ANAYSIS FOLLOW.

DRAGONFLY DOJI RECOGNIZE -

HOW RECOGNIZE DRAGONFLY DOJI CANDLE? 

1. DRAGONFLY DOJI  MADE BEFORE MARKET WAS DOWNTREND.

2. DRAGONFLY DOJI PATTERN IN OPEN PRICE , CLOSE PRICE AND HIGH PRICE  SHOULD BE SAME.

3. THIS CANDLE SHOULD BE LONG LOWER SHADOW.

4. IN THIS CANDLE NOT REAL BODY.

5. THIS CANDLE COLOURS ARE NOT IMPORTANT, BUT PREVIOUS TREND WAS DOWN TREND.

6. DRAGONFLY DOJI SEE BELOW -

DRAGONFLY DOJI PATTERN

DRAGONFLY DOJI BENEFITS -

THIS IS SINGLE CANDLE PATTERN AND IT IS MADE IN DOWNTREND.

THE MARKET TAKES A BIG UPTREND RALLY WITHOUT THE MOVING MARKET AND IN THIS WE CAN BOOK OUR PROFIT ON UPTREND WHEN THIS CANDLE IS MADE IN DOWNTREND.

HOW MADE DRAGONFLY CANDLE PATTERN -

IN THIS CANDLE A LONG LOWER SHADOW AND IN WHICH THIS PATTRRN OPEN PRICE, CLOSE PRICE , HIGH PRICE SHOULD BE SAME PRICE.

WITH WHICH CONTROL OF BULLS AND MADE A MARKET NEW HIGH OR BULLISH.

DRAGONFLY DOJI EFFECTS -

1. THIS CANDLE MADE IN DOWN TREND WE CAN HOPE POSSIBILITY OF MARKET BEING DOWNSIDE IS OVER AND THE MARKET WILL BE IN NEXT BULLISH.

2. CANDLE COLOUR ARE NOT IMPORTANT , BUT PREVIOUS TREND WAS DOWNTREND AND THAT CANDLE SHOULD BE LONG LOWER SHADOW.

DRAGONFLY DOJI के  TRADING ACTION -

1. DRAGONFLY DOJI IS A BULLISH CANDLE,SO MARKET WILL BE UPTREND.

2.WE SHOULD THE BUY ORDER ON THE CANDLE OF HIGH PRICE IN THIS CANDLE AND WE SHOULD BOOK THE PROFIT ACCORDING TO YOUR RISK MANAGEMENT OR 1:2 RATIO.

 

3. OUR STOP LOSS (S/L) THIS CANDLE SHOULD BE LOW PRICE.

IF YOU ARE RISK TRADER THEN YOU CANDLE CONFIRMATION WITH BUY ORDER PLACE.

    IF YOU ARE NOT RISK TRADER THEN YOU CANDLE WAIT OVER AFTER CONFIRM BUY ORDER PLACE.

TRADING SETUP -

BUY PRICE = HIGH PRICE OF DRAGONFLY DOJI

STOP LOSS (S/L) = LOW PRICE OF DRAGONFLY DOJI

TARGET = YOUR RISK MANAGMENT OR 1:2RATIO.

THANK YOU !!!!