Doji


The doji is a pattern consisting of a candle whose opening and closing are at the same level.

It very often announces that an extreme point has been reached and that a reversal of the trend is likely to occur, depending on the previous candlestick.

Indeed, if it forms after a bullish candle, the trend will probably go bearish, and inversely.

A doji with large shadows indicates a high degree of indecision on the part of the traders, while when the shadows are smaller, it is less reliable.

META

Status:: #wiki/notes/mature
Plantations:: Candlestick Patterns
References:: L'art du trading