what is a doji candlestick pattern? The doji is a transitional candlestick formation, signifying equality or indecision between bulls and bears.
The stock open and close at the middle of the days high and low.
Experts state that the doji candlestick pattern is mainly formed when the stocks opening and closing price are same virtually for a specific duration and generally it indicates the reversal in the pattern for technical analysis.
a dragonfly doji is a candlestick pattern that signals a possible price reversal. The candle is composed of a long lower shadow and an open, high, and close price that equal each other.
a dojior more accurately, dоjiis a name for a session in which the candlestick for a security has an open and close that are virtually equal and are often components in patterns.