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Gravestone Doji

 

As we can assume from the name, a ‘Gravestone’ Doji is a threatening sign for traders. The ‘Gravestone’ Doji has a long upward shadom and a very tiny candlestick body (sometimes it doesn’t have). It is formed when the open, close and lows price are at the same level. During the trading session, the price did go up but return back to the opening level at the close. So, this ‘Gravestone’ Doji is a bearish sign. It is threatening the traders especially it occurs at the uptrend.

 

 

 

 

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