📊 Understanding the Doji Candle in Trading 🕯️

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A Doji candle is a key candlestick pattern that signals market indecision. It forms when an asset's opening and closing prices are nearly identical, creating a cross or plus sign on the chart.

🔍 What It Means:

Neither buyers nor sellers gained control.

Often appears at the top or bottom of trends, indicating a potential reversal or pause.

Best used with other indicators for confirmation.

🔄 Types of Doji Candles:

Standard Doji – Perfect balance between bulls and bears.

Gravestone Doji – Bearish reversal signal.

Dragonfly Doji – Bullish reversal signal.

Long-legged Doji – High volatility, strong indecision.

📈 Pro Tip: A Doji near resistance or support zones can be powerful, but don’t trade it alone. Always wait for confirmation from the next candle.