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Dragonfly Doji

 

Description

 

This bullish reversal pattern is moderately reliable.

 

A doji forms at the upper end of a trading range with a long lower wick. The longer the wick, the more bullish the pattern.

 

You can see a downtrend, which is followed by a reversal causing the stock to close at its opening price. This could be a reversal. Confirmation is needed the following day.

 

Market Opinion

 

Bullish.

 

 

Pattern

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Dragonfly Doji_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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