Doji candle is that candle stick which has almost same opening and closing with long-legged wicks in both directions. This implies strong/balanced pressure from both which means neither of two forces, Bull and Bear, are so strong to make a new market trend. A Doji that occurs in the context of a strong trend implies the weakening of the dominant force.
Dragon fly and Grave stone Doji candles are very much similar to Hammer and Hanging Man candles. They interpret the clear understanding of the market pattern.Dragon fly indicates the bullish, while Grave stone the bearish trend. Long-legged Doji shows the indecision whether buyer or seller has dominated the market.
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