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Candlestick Patterns

Doji

A candle that opens and closes at nearly the same price, forming a cross — a sign of indecision and a possible turning point.

long-leggeddragonflygravestone
Schematic of a doji — illustrative geometry, not a live price chart.

A doji has little or no body because buyers and sellers finished the session in a stalemate. After a strong trend, a doji can flag that momentum is fading and a reversal or pause may be near.

Variants carry extra meaning: a dragonfly doji (long lower wick) leans bullish, a gravestone doji (long upper wick) leans bearish, and a long-legged doji (long wicks both ways) is pure indecision. Context and confirmation matter more than the doji alone.

How it has actually played out

An indecision candle has no direction to measure — it's context for the next move, not a signal.

On StockSetups

StockSetups treats a doji as a bar whose body is at most 10% of its range. Plain and long-legged dojis are neutral: they can tag a chart-pattern setup's candle read but are not listed as candle signals. Dragonfly and gravestone dojis are directional.

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