Doji

Doji

Doji

A candle with no body as open is at the same level (a). It indicates high levels of indecision and is bearish if seen at the end of long up moves and bullish if seen at the long down moves. There are some varieties of Doji such as Long Legged – very long shadows, Gravestone Doji (b) open and close at the low of the day and Dragonfly Doji (c) – open and close at the high of the day. All have the same implication.

(To View Practical Examples on Doji Pattern Click Here)

(To View Practical Examples on Gravestone Doji Pattern click here)