Dragonfly Doji: How to Trade This Candlestick Pattern

When trading in financial markets, you can often encounter different types of Japanese doji candlesticks, such as a “Long-legged doji,” a “Riсkshaw man doji,” a “Doji after a long white candle,” “Doji stars,” a “Harami cross” pattern with “Doji” inside, and a “Gravestone doji.”

In most cases, a “Doji” pattern indicates uncertainty when the market is indecisive after an extended uptrend or downtrend. The importance of “Doji” pattern types is very high, as they determine the market reversal in advance.

A “Dragonfly doji” is another “Doji” pattern type with an interesting name, which has either no or a very small candlestick… Read full author’s opinion and review in blog of #LiteFinance