Glossary › dragonfly doji
Trading glossary · candles
dragonfly doji
A candle shaped like a T: price dived far down, then climbed all the way back to where it started.
The fuller meaning
A doji whose open, close and high sit at the top with a long lower wick: sellers pushed price far down, but buyers took it all back. After a fall or at support it hints at a turn, yet in this app's data it hit its target only 28.9 percent of the time.
dragonfly doji.
Related words
bearish · bearish engulfing · bearish harami · bearish marubozu · body · bullish · bullish engulfing · bullish harami · bullish marubozu · candlestick