Lessons › Candlesticks › Dragonfly and gravestone doji
World 1 · Candlesticks · lesson 8 · level 2
Dragonfly and gravestone doji
A dragonfly has a long tail below and a gravestone has a long tail above, and the tail shows which side got pushed back.
What it is
Sellers pushed price far down, buyers pushed it all the way back.
Your task in the app
Find the dragonfly doji. Then decide: buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 6 | 33% | 67% | 0% |
| United States | 18 | 67% | 33% | 0% |
| Japan | 16 | 50% | 44% | 6% |
| Crypto | 249 | 29% | 59% | 12% |
| Forex | 22 | 32% | 64% | 4% |
| Commodities | 2 | 0% | 100% | 0% |
Counted on real past charts by the Trading Class research engine, 313 cases in all. Past odds, not a forecast.
Read more on the Dragonfly doji pattern page.
Goal of this lesson: Tell a dragonfly doji from a gravestone doji and read each one in context.