Candlestick Patterns · Neutral
Doji
Open and close are nearly the same, so the real body is a thin line.
A doji shows that buyers and sellers finished the candle in balance. On its own it does not pick a direction.
This is an example of how traders often plan the pattern. It is not a promise that price will reach the target.
Identification
- Open and close are almost equal.
- Shadows can extend above and below the body.
- The candle does not, by itself, complete a reversal.
Market context
A doji matters more after a strong push, where it can show that the push is stalling. In a quiet range it often means nothing.
Entry example
Many traders wait for the next candle to close beyond the doji high or low before treating it as a directional clue.
Stop-loss example
An example stop sits beyond the opposite wick of the doji.
Target example
An example target is the next nearby swing. There is no fixed distance.
Common mistakes
- Calling every small body a reversal.
- Ignoring the candles that came before it.
Candlestick and chart patterns are probabilistic observations, not guaranteed trading signals. This page does not report a win rate.