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Four Price Doji - Candlestick Pattern

Four Price Doji Definition

A four price doji is a candlestick where the open, high, low, and close are all the same. This is the purest example of indecision between the bulls and the bears. As you can imagine this candlestick is extremely rare and will only show up when trading volume is extremely low.

It will often appear in pre-market and after hours trading. Traders should avoid placing too much emphasis on this candle as it is often a result of "bad data". If you see the four price doji quite often in a chart, it is best to look for other trading opportunities.

Four Price DojiFour Price Doji

 


Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

Tradingsim.com
Day Trading Simulator

Tradingsim.com provides the ability to simulate day trading 24 hours a day from anywhere in the world. TradingSim provides tick by tick data for...

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