ProShares Ultra Short Silver (ZSL)

[xero90]

Doji right on the 50 sma, hmmmmm

Use In Trading

The doji pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the end of a trend, etc.), so by itself it only indicates that the time frame was neither bullish nor bearish. However, depending upon the context, and the adjacent candlesticks, the doji pattern can be used as both a trade entry and/or exit pattern. The doji is also included in some of the two or three candlestick patterns, in which case it has more relevance, and can provide an indication of upcoming price movement.