A gravestone doji is a trading pattern that occurs in technical analysis. It looks like an inverted T with a long upper shadow. It is a bearish trend that indicates a reversal is on the horizon. Traders can assume that the reversal will be accompanied by a downtrend in the security's pri...
Dojis are trend reversal indicators, especially if they appear after an uptrend or downtrend. A basic Doji signifies indecision, but a Gravestone Doji implies that the market has decided to be bearish. When you see a Gravestone Doji candlestick after a strong uptrend, it is likely that a tren...
The gravestone doji candlestick pattern is particularly impactful whenit appears after a strong uptrend or at the top of an uptrend, implying that thebullish momentum is losing steam. The same phenomenon seen in a downtrend or after a bearish move has far less significance, as it is merely a ...