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Doji Candlestick Pattern: How to Trade it Like a PRO [Forex Chart Patterns]

The Doji candlestick pattern is a single-candle chart pattern that occurs when a candle’s opening price is near to or the same as its close. The pattern’s formation resembles a “+” sign with a small body with defined upper and lower wicks. In this video, we’ll teach you about one of the most popular single-candlestick patterns, the Doji candle pattern. Here’s a quick overview of what you’ll learn: First, you’ll learn about the characteristics of the Doji candle and its meaning when it appears on trading charts. We’ll also show the various Doji candle formations, including the long-legged Doji, the dragonfly Doji, and the gravestone Doji. Next, we will share strategies and live examples to show you how to identify and trade the Doji candle pattern. In this section, our trading analysts show you how to spot the Doji candlestick pattern and confirm that a trend reversal is about to happen. You’ll also learn how to use the Doji candle pattern in two market scenarios - following a long trend or in a ranging market. At last, we list the pros and cons of the Doji candle pattern and mention the key points to remember to identify and trade the pattern successfully. Let’s get started! Chapters: 0:00 - Intro 1:22 - How to Identify the Doji Candle Pattern 3:21 - How to Trade the Doji Candle Pattern 4:42 - Pros and Cons 5:36 - Key Takeaways ➡️ For the full Doji candle pattern guide, visit this page: https://howtotrade.com/chart-patterns... 💸 Become Financially Free By Learning How To Trade here: 👉 https://to.howtotrade.com/x9q RECOMMENDED BROKERS: 🏅Switch Markets - https://to.howtotrade.com/ixx 🏅Oanda (US & Canada) - https://to.howtotrade.com/lx6 The best VPS for algo traders: 📀 The Best VPS for EA Traders - https://to.howtotrade.com/myj OUR SOCIALS: 📸 Instagram -   / howtotradecom   📘 Facebook -   / howtotradecom   ♪ TikTok -   / howtotradecom   ↗️ Telegram - https://t.me/forexsignalscom 🐦 Twitter -   / howtotradecom   🟦 Linkedin -   / howtotradecom   1,800+ REVIEWS ⭐⭐⭐⭐⭐ 💚 Trustpilot - https://www.trustpilot.com/review/for... AFFILIATE PROGRAM 💰Earn money with our leading affiliate program: https://to.howtotrade.com/zkg FREE TRADING EDUCATION: 📩 Free Weekly Forex Forecast - https://to.howtotrade.com/ica 📩 Free custom trading tools for all types of traders - https://to.howtotrade.com/4jv 📩 Join our free monthly NFP special live event - https://to.howtotrade.com/e8l 📩 Free library of trading Cheat Sheets - https://to.howtotrade.com/fix 👩‍🏫 Learn more about Chart Patterns - https://to.howtotrade.com/mbs 👩‍🏫 Learn How To Trade with 100% Free Courses - https://to.howtotrade.com/atn 👩‍🏫 Learn more about trading Forex Strategies - https://to.howtotrade.com/0cq The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts. ** Our team of coaches will never contact you directly outside of the Trading Room. If any person(s) contacts you via Social Media platforms offering account management or asking for payment, this is not HowToTrade and should be ignored. *** This video and the video description may contain affiliate links, meaning HowToTrade.com will get a commission if you decide to make a purchase or trade through our links, at no cost to you.