The opposite of the dragonfly formation, the gravestone doji indicates a strong rejection of an attempt to push market prices higher, and thereby suggests a potential downside reversal may follow.
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The following are some samples from Big Cheds six-part series on Bullish & Bearish trading signals and patterns. Dragonfly Doji Dragonfly doji is a reversal candle that often appears at the end of a downtrend, with a long lower shadow and small to no real candle body. This is the opposite of the bearish pattern, gravestone doji. In this candle the bears were in full control and flushed the ... Resistance 2 1,420 MACD Bullish Resistance 1 1,400 RSI Neutral Current Level 1,370.16 Stochastic Neutral ... Doji Dragonfly Doji (Bullish) Gravestone Doji (Bearish)
Iphone 8 microphone not working on speakerJul 06, 2017 · Dragonfly Doji– A type of candlestick pattern that signals indecision among traders. The pattern is formed when the stock’s opening and closing prices are equal and occur at the high of the day. The pattern is formed when the stock’s opening and closing prices are equal and occur at the high of the day.
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