Candlestick Patterns Bullish Signals/ Dragonfly Doji
Market in a down pattern.
This unique doji types with the open and also close at the high of the session.
Market Implication: Bears might be shedding command.
Support: The reduced of this candle line.
Psychology: Long lower darkness and close at the high of the session indicates that after an initial selloff bulls after that took control.
Associated with the Hammer inasmuch as both lower reversals have long reduced shadows and also shuts at or near session's high.
Opposite of Marker Doji.