Dragonfly Doji: Bearish Reversal Pattern

Dragonfly doji is a bearish reversal pattern. It is opposite to the gravestone doji.

August 24, 2011 / 11:26 IST

Dragonfly doji is a bearish reversal pattern. It is opposite to the gravestone doji. In this pattern, open, high, and close are at the high of the day.

Strategy: Long positions can be taken once high of the candle is exceeded.

first published: Aug 18, 2011 04:59 pm

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