Doji Candlesticks

Doji candlestick pattern indicates indecision in the market when the bulls and bears tug at each other to control the price, and neither succeeds.

Normal Doji (Long Legged) – this is a single candlestick with no major interpretation on its own. To understand this Doji better, traders must read the past data of what led to the Doji.

Gravestone Doji – Gravestone Doji is a bearish pattern that suggests a potential reversal followed by a downtrend in the price action. This gravestone Doji makes more meaningful if it happens after a significant uptrend.

Dragonfly Doji – this type of Doji, if it appears after a significant fall in price, can signal a potential reversal in trend.