Doji: A small pattern found in the analysis of candlestick trading charts that characterizes a similar opening and closing price in the market.
In case the first candle after the Dragonfly Doji candle is really a bullish candle, then a trader typically takes an extended position. While the traditional Doji star represents indecisiveness, the other variations can tell another story, and for that reason will impact the strategy and decisions traders make. Some of the other forms are…