What is a Doji Candle?

Simply put... a candle that indicates confusion in the market 😵‍💫

It means buyers and sellers entered a match... but no one won!

👀 What does it look like?

Its body is very small or almost nonexistent

Opening price ≈ Closing price

It may have wicks (upper or lower or both)

📌 This shape tells us:

"The market can't decide whether to go up or down... there's hesitation!"

What does it mean in the market?

It depends on where it appears in the trend:

✳️ In an uptrend:

It may indicate weakness among buyers and a possible bearish reversal

✳️ In a downtrend:

It may be a sign that sellers are tired and a possible bullish reversal

⚠️ But wait, you analysis genius 👨‍🏫

We shouldn't rely on it alone! It must be accompanied by:

A confirmation candle (bullish or bearish after it)

Support or resistance

Other indicators like RSI or MACD

🎯 Live example:

Imagine the market was rising strongly, and suddenly a Doji candle appeared →

This tells us: "Ahem... some people are starting to doubt!" 🤔

If a strong red candle follows? It means a potential drop!