Doji Candlestick
The doji candle indicates indecision and often precedes reversals.
Last reviewed: 2026-03-06
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Overview
A doji forms when the open and close are the same or very close. The body is small or absent; wicks can be long. It shows that buyers and sellers fought to a draw. After a strong move, a doji can signal exhaustion and potential reversal.
Types
Standard doji: small body, wicks on both sides. Dragonfly doji: long lower wick, no upper wick. Gravestone doji: long upper wick, no lower wick. Each has slightly different implications for where pressure came from.
Usage
Use doji with context. After an uptrend, a doji at resistance may signal a top. After a downtrend, a doji at support may signal a bottom. Confirm with the next candle.
Knowledge check
1 of 3A doji indicates:
FAQ
Common questions about this topic.
What does doji mean in Japanese?
Doji means 'the same' or 'neutral'—reflecting the equal open and close.
Is a doji always a reversal signal?
No. It indicates indecision. Reversal depends on context (trend, level) and confirmation.
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