Beautiful DOJI SetUp on CHFJPY Daily

Look at this DOJI setup on the CHFJPY daily chart:

[chart|nid=1876]

As we previously discussed, the doji is an alert for a trend reversal, when a movement one way or another looks to have burnt out and is shaping up to reversee itself.  In this chart we see three solid green bars up, followed by a bar where the bulls just quite get the price higher for a fourth bar.  This bar, where the open and close price are almost identical, alerts us that there is a good chance for a trend reversal.  Then, the trend drops huge, for a outstanding doji setup profit.