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Re: Mygolfballs post# 74751

Friday, 02/08/2013 1:32:16 PM

Friday, February 08, 2013 1:32:16 PM

Post# of 241514
Ideally, but not necessarily, the open and close should be equal. While a doji with an equal open and close would be considered more robust, it is more important to capture the essence of the candlestick. Doji convey a sense of indecision or tug-of-war between buyers and sellers. Prices move above and below the opening level during the session, but close at or near the opening level. The result is a standoff. Neither bulls nor bears were able to gain control and a turning point could be developing.
In that case do you say before the bull are the wining on the play no doubt about it!!
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