What is Grave stone doji Candlestick

Gravestone Doji Candle

Gravestone doji ak candlestick pattern ha or ya graveston doji candlestick pattern market ka chart ma ak single candle sa mil kar bany ga or ya graveston doji ak signal candle sa market ko reverse karna ka kam kara ga. Ya graveston doji candlestick pattern market ka chart ma tab banay ga jab market ke price upward ke traf ja rahe ho ge or market ma ak strong upward ka trend ho ga or market ke price strongly high ke traf ja rahe ho ge



Formation Of Candle

Ya graveston doji candlestick pattern jab banay ga to is pattern ka banaay sa phalay market ma ak strong trend chal raha ho ga or ya ak uptrend ho ga or us gravestone doji candlestick pattern ka market ma is uptrend ka bad banna must ho ga ya graveston doni candlestick pattern huma sirf market ma high ke traf dakhna ko mila ga

Explanation Of Candle

Jab market ka chart ma ya graveston doji candlestick pattern banay ga to is pattern ka banany sa phlay market ma bull ka control ho ga or jo market ke price ho ge wo is bull ka pressure sa high ke traf ja rahe jo ge or ya bull market ko strongly ak high pressure ka sath market ko high ke traf la kar ja rahe ho ge or ya bull market ko upward ke traf la kar jate hai



Trading On Gravestone Doji Candlestick

Gravestone doji candlestick pattern ma traders ko market ka high sa downward ke traf reversal ho kar market ka ana ka signal milta ha. Ya graveston doji candlestick pattern jab banta ha market ka high ma to is ke candlr ka jo long upper shadow banta ha to ya hima batat raha hota ha ka market ke price na strongly lower ke traf jana ha q ka jab ya pattern banay ga to is time market ma buyers ka traders ho ga jo market ko high ma la kar ja raha jo ga or ya buyers market ke price ko high ma la kar jate hain

Re: What is Grave stone doji Candlestick

Assalam o alaikum dear forex members,

Gravestone Doji Candlestick Patter

Dear Friends Gravestone Doji Candlestick is one of the most controversial Candlesticks should be known as a trader. It is easy to learn but so essential to know the concept beyond as well because Doji candlesticks usually give a Market Reversal or Continuation sign which can further lead to indicate a trading opportunity.





Candlestick?

Gravestone Doji is a candlestick in which the open and close price of the candle is at the same level or are very close on the same level.

Gravestone Doji belongs to the group of Doji candles in which the open and close price are at the same level or are very close on the same level

Is Gravestone Doji bullish or bearish?
Gravestone Doji is not bullish. it is a bearish reversal candlestick which mostly occurs at the top of uptrends.

When this pattern is seen it means during the session, bulls lost their bullish power and couldn’t maintain the it (to keep the same price or raise the price to higher levels);
Meanwhile, bears came and took power from bulls and forced the price down to near the opening price.
So there is a tiny body or no candle body in a Gravestone Doji.




How a Gravestone Doji Forms?

A Gravestone Doji candle forms when the Open, Low and Close price of a candle are same or about the same price.

As previously mentioned, it is a bearish candle because bears took power from bulls and were successful to keep it (bringing the price down) till the close of the session and possibly can take the price down even more.

here we will explain how a Gravestone Doji forms:

in the below picture, you can see a gravestone doji which leads to a massive sell-off on EUR/Dollar chart in a 12-hour time frame.



as it is a 12-hour candlestick we zoom in into 45-minute candles, to see what happened from the beginning to the end of this 12 hour, which could form a gravestone doji.

as you can see the opening price in the image below, after opening the session price goes up. as the session going on, price fails to go higher, gets rejected and at the end of the session comes back to near the opening price of the session and thats how you see a gravestone doji on top in the upper imge.


Gravestone Doji Shape


Gravestone Doji is opposite of Dragonfly Doji which is a bullish pattern usually found at the end of downtrends.

To remember Gravestone and Dragonfly Doji shape and pattern, this is better to imagine how a dragonfly or a grave shape is.

A Dragonfly Doji looks like a Dragonfly and like the word T (which is like having the wings of dragonfly near the head on top). A dragonfly can fly and go up so as a dragonfly Doji can bring the price up and has bull power in it.

A Gravestone Doji looks Reversed compared to dragonfly Doji and is like the reverse of word T (Which is like sticking on the floor at the bottom like a grave). A grave wants to stick to the ground and has bear power.
Gravestone Doji is a long line candle which means the shadow should be at least 75 percent or higher of the candle hight.

In some cases, the base candle may resemble some other candlestick patterns. for example, shooting stars (if the body would be present but thin and there would be no lower shadow with the long upper shadow it could resemble a shooting star candle.)

The most important thing in Doji candlesticks is the overall shape and in what context they appear.