Lessons › Candlesticks › The doji
World 1 · Candlesticks · lesson 7 · level 1
The doji
When the open and close are almost the same price, the market could not decide.
What it is
Open and close are almost equal. Buyers and sellers are in a tie.
Your task in the app
Find the doji. Then decide: buy, sell, or wait?
How often it worked
| Market | Times found | Broke up | Broke down |
|---|---|---|---|
| India (NSE) | 1,068 | 47% | 52% |
| United States | 1,109 | 54% | 45% |
| Japan | 556 | 51% | 48% |
| Crypto | 10,708 | 48% | 49% |
| Forex | 1,149 | 49% | 48% |
| Commodities | 417 | 51% | 46% |
Counted on real past charts by the Trading Class research engine, 15,007 cases in all. Past odds, not a forecast.
Read more on the Doji pattern page.
Goal of this lesson: Recognize a doji and understand why its meaning depends on location.