Gravestone Doji
Description
This bullish reversal pattern is
considered moderately reliable.
At the end of a downtrend, a doji
forms. The upper wick is long while the lower wick is small, or not there at
all.
In a downtrend, a stock gaps down.
It tries to rally, but the stock falls to close near the day’s low. For a
confirmation, the next day needs to be strong with solid volume.
Market Opinion
Bullish.
Pattern