Dragonfly Doji candlestick pattern

1-candle patternPossible bullish signal

Dragonfly Doji candlestick pattern

A T-shaped doji. Sellers pushed price far down, but buyers brought it all the way back.

After a price declineClose above openClose below open

Illustrative candles, not a live chart. Each candle covers one chart interval.

Spot it in 3 steps

What to check next

A green candle closing above the dragonfly’s high adds confirmation.

Common mistake

After a rise, the same shape can warn of weakness. Location changes the meaning.

Definition reference: Investopedia

Educational example, not a trade recommendation. Patterns can fail. Check the wider trend, support and resistance; practise on demo rather than assuming the next trade will win.

Dragonfly Doji candlestick pattern