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What is a Doji? GraveStone Doji, Dragon Fly Doji?

  • Writer: researchtradeprofit
    researchtradeprofit
  • Aug 29, 2016
  • 1 min read

A doji is formed when the the trading reaches a high level of uncertainty. There are various types of Doji's, most important is that you need to identify it to understand that this indicates a reversal in price movement.

Neutral: Dojis form when the opening and closing prices are virtually equal. Alone, dojis are neutral patterns

Long Legged: This doji reflects a great amount of indecision about the future direction of stock

Gravestone: It is formed when the opening and closing price of the underlying asset are equal and occur at the low of the day. Perfect Reversal pattern

Dragonfly Doji: It is formed when the opening and closing price of the underlying asset are equal and occur at the high of the day. Perfect Reversal pattern


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