Question on doji sandwich. Trying to look beyond “pattern” and explain price action. Taking bullish side for mapping it out. Big bar signify one side action. Then doji signifies sellers couldn’t deter buyers and any profit taking was bought up – (“gains held”). Then break of doji high means buyers still want more. Is that the right way to think about it? Importance of doji being there were sellers but they got bought up.
2022-09-29-charting-a-1
November 30, 2022
1 min read