technical

Gravestone Doji

A Gravestone Doji is a doji candlestick where the open and close are near the session low and there is a long upper shadow with little or no lower shadow, indicating intraday highs that were not sustained by the close.

Example: On a stock chart with a recent uptrend, a Gravestone Doji forms at the end of a trading day; traders assess the next day's price action for confirmation of a potential shift in momentum.

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