CANDLESTICK PATTERNS
by
Karan Banik
July 19, 2020
145 CANDLESTICK PATTERNS || PAGE 14 || (27) Gravestone Doji (Bearish) ; (28) Gravestone Doji (Bullish)
(27) Gravestone Doji (Bearish):
Gravestone Doji is basically made when the Open, Low and Close of a trade are equal,
its main feature is its long Upper Shadow which indicates that the bulls attempt to push to new highs over the session, but the bears push the price action to near the open by the session close.
That means a strong higher price rejection and now bears are ready to take the control.
Gravestone Doji is usually found at the top of the Uptrend market and it then provides a Downtrend Reversal signal.
(28) Gravestone Doji (Bullish):
Gravestone Doji is usually found at the top of the Uptrend market and it provides a bearish reversal signal,
but there are exceptions. Gravestone Doji is often seen on the floor of the Downtrend market and then it gives a bullish reversal signal. The structure of Gravestone Doji on the right and its practical application are shown below.
Gravestone Doji is basically made when the Open, Low and Close of a trade are equal,
its main feature is its long Upper Shadow which indicates that the bulls attempt to push to new highs over the session, but the bears push the price action to near the open by the session close.
That means a strong higher price rejection and now bears are ready to take the control.
Gravestone Doji is usually found at the top of the Uptrend market and it then provides a Downtrend Reversal signal.
(28) Gravestone Doji (Bullish):
Gravestone Doji is usually found at the top of the Uptrend market and it provides a bearish reversal signal,
but there are exceptions. Gravestone Doji is often seen on the floor of the Downtrend market and then it gives a bullish reversal signal. The structure of Gravestone Doji on the right and its practical application are shown below.
 Gravestone Doji (Bearish) ; (28) Gravestone Doji (Bullish)){kind=link}
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