2-Doji Candle (Neutral)

It is a pattern that consists of a price candle whose body size is almost nonexistent, meaning that the opening price and the closing price are at the same point or very close together, resulting in a candle without a body, and the shadows are of different lengths.

The Doji candle represents a struggle between sellers and buyers without either side gaining an advantage. A Doji candle alone is considered a neutral signal, but it is used with other patterns to form reversal patterns. When a Doji candle forms at the end of an uptrend or downtrend, it may indicate a high probability of the end of that trend..

Types of Doji Candles:

Long-legged Doji: It has a long upper and lower shadow.

Gravestone Doji: It has only an upper shadow without a lower shadow or a short lower shadow.

Dragonfly Doji: It has only a lower shadow without an upper shadow or a short upper shadow.

Four-price Doji: It has no upper or lower shadow.