Thursday 19 June 2014

Doji Dragonfly Candlestick

Doji Dragonfly occurs when open and close price are equal and happen at the high or close to the high of the day. 
The long lower shadow indicates that the market is closer to equilibrium and a trend reversal may be coming up.

It is represented by a long lower shadow, a small body with equal open and close prices, and no upper shadow or very small upper shadow.
doji dragonfly Candlestick

doji dragonfly Candlestick


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