Dragonfly Doji Candlestick Pattern

Just like the regular doji, in a dragonfly doji pattern the price of the currency opens and closes at the same point. However, a dragonfly doji differs in that the open and close price are at the very top of the candlestick. The dragonfly doji usually only appears at market turning points, where a new direction is likely to occur.

Here is an example of the dragonfly doji candlestick pattern:

dragonfly doji candlestick pattern

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