Doji

A candle whose open and close are almost identical, leaving little or no body — a period that ended in a draw.

A doji signals indecision rather than direction. On its own it is neither bullish nor bearish; its meaning comes from where it appears, and it is most informative after an extended move.

Taught in

Spotting Your First PatternsChart Patterns

The four patterns you'll see constantly: doji, hammer, shooting star, and engulfing.

Also covered in that lesson

HammerA candle with a small body near the top and a long lower wick, appearing after a decline — buyers rejected lower prices.Shooting starA candle with a small body near the bottom and a long upper wick, appearing after an advance — sellers rejected higher prices.Engulfing candleA candle whose body completely covers the previous candle's body in the opposite direction, showing one side taking control.

Related terms

Spinning top Wick