Gravestone Doji

When the body line of the Doji pattern is at the lower end of the pattern, it is known as a Gravestone Doji candlestick pattern.

This is an important pattern and more of a bearish.

The price rallied after the opening and closed almost at the same level when it opened. The bulls gave up. It shows the strength of the bears during the session.

Whether high appeared first or the low, this candlestick formation is bearish and shows the strength of bears.

This pattern is a combination of Doji and the Shooting star candlestick pattern.

Click here to learn more about the pattern.

This pattern can be plotted on the chart by adding it from the study menu in TradePoint & RZone. The pattern is also available in the system builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.

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