Candlestick Patterns→ Pattern Detail
Standard Doji
A doji with small wicks, showing balanced indecision
A standard doji has small upper and lower wicks with open and close at nearly the same price. It represents a pause or indecision in the market. Context determines its significance - at key levels it may signal reversal.
✓How to Recognize
- •Small, relatively equal wicks
- •Open and close at virtually same price
- •Appears after directional move
- •Location determines significance
⚡How to Avoid
- →Dojis need context to be meaningful
- →At key levels: potential reversal signal
- →In mid-range: just noise (doji in chop)
- →Wait for confirmation either way