Dragonfly Doji - Bullish

Dragonfly Doji is a pattern that regularly appears at pivotal market moments. This is a specific Doji where both the open and close price are at the high of a given day or are relatively close to it. A dragonfly doji with a longer lower shadow signals a bullish trend.

The bearish version of the Dragonfly Doji pattern is the Gravestone Doji pattern.