What is a bullish doji?

It consists of a black candlestick and a Doji with a downward gap at the opening. When the Doji is in the form of an Umbrella the pattern is called “Bullish Dragonfly Doji”, and in case of an Inverted Umbrella it is called “Bullish Gravestone Doji”.

What is doji star bullish candlestick pattern?

There is one more possibility of the appearance of Doji star bullish candlestick pattern which is that the first candlestick can also be a bearish marubozu candle. A bearish Marubozu candle means that the opening price of the stock is the high price of the day and the closing price is the low price of the day.

Is Dragonfly doji a bearish doji?

The bearish version of the Dragonfly Doji is the Gravestone Doji. It looks like an upside-down version of the Dragonfly and it can signal a possible downtrend. Although the Dragonfly Doji can indicate the coming of a bullish price change, traders should not rely on this indicator alone:

What are the types of Doji in stock market?

The Dragonfly Doji, long-legged Doji, Gravestone Doji, star Doji, and hammer Doji are some of the types of Doji in stock market. The Dragonfly Doji is inverted upside down to make a gravestone Doji design. The opening, low, and close prices are virtually identical, but the high price is significantly higher.