CANDLESTICK PATTERNS
by
Karan Banik
May 11, 2020
145 CANDLESTICK PATTERNS || page 3 || (5) Southern Doji ; (6) Northern Doji
(5) Southern Doji:
The lower part of the geographical map is generally considered to be the Southern part, similarly, the Doji that appears at the bottom of the trading chart of a downtrend market is called Southern Doji.
If there is a strong Bullish Candlestick after this Doji, Uptrend Reversal will start in the market and if not, there will be Downward Continuation, as shown in the example below.
(6) Northern Doji:
The top part of the geographical map is generally considered to be the Northern part, similarly, the Doji that can be seen at the top of the trading chart of an Uptrend market is called Northern Doji.
If there is a strong Bearish Candlestick after this Doji, Downtrend Reversal will start in the market and if not, there will be Upward Continuation, as shown below.
The lower part of the geographical map is generally considered to be the Southern part, similarly, the Doji that appears at the bottom of the trading chart of a downtrend market is called Southern Doji.
If there is a strong Bullish Candlestick after this Doji, Uptrend Reversal will start in the market and if not, there will be Downward Continuation, as shown in the example below.
(6) Northern Doji:
The top part of the geographical map is generally considered to be the Northern part, similarly, the Doji that can be seen at the top of the trading chart of an Uptrend market is called Northern Doji.
If there is a strong Bearish Candlestick after this Doji, Downtrend Reversal will start in the market and if not, there will be Upward Continuation, as shown below.
 Southern Doji ; (6) Northern Doji){kind=link}
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