Doji

 

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Doji. A Doji is formed when the open and the close are the same (or very close). The length of the shadows are not important.

Gravestone Doji. The Gravestone Doji is formed when the open and the close occur at the low of the day. The name, Gravestone Doji, is derived by the formation of the signal looking like a gravestone.

Dragonfly Doji. Dragonfly Doji are formed when the open and close occur at the high of the day.

Long Legged Doji. The Long-legged Doji has one or two very long shadows. If the open and the close are in the center of the session's trading range, the signal is referred to as a Rickshaw Man.

Doji Star, Bearish. Doji Stars are considered bearish in an up trend. This pattern is said to be most reliable at a new high.  A Doji Star occurs when the Doji's open and close gaps above the preceding real body.

 

Doji Star, Bullish. Doji Stars are considered bullish in an down trend. This pattern is said to be most reliable at a new low.  A Doji Star occurs when the Doji's open and close gaps below the preceding real body.

 

Morning Star Doji. The Morning Star Doji is a bottom reversal signal. Like the morning star (Mercury) it foretells the sunrise, or the rising prices. The pattern is a three day signal.

 

Evening Star Doji. The Evening Star is the exact opposite of the morning star. The evening star, the planet Venus, occurs just before the darkness sets in. The evening star is found at the end of the uptrend.

 

 

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