dragonfly doji candlestick charts pattern

Dragon Fly Candlestick Pattern ka Introduction

The Dragonfly Doji Candlestick Pattern is a unique and powerful technical analysis tool used by traders to identify potential trend reversals. This candlestick pattern has a long lower shadow, no upper shadow, and a small body at the top of the candlestick, which resembles a dragonfly. It indicates that buyers have taken control of the market after a period of selling pressure and that a potential bullish reversal may be imminent.dragon fly doji aik qisam ki candle stuck patteren hai jo qeemat mein mumkina ulat phair ka ishara day sakta hai, jo ke maazi ki qeemat ki karwai par munhasir hai. yeh is waqt bantaa hai jab asasa ki buland, khuli aur qareebi qeematein aik jaisi hon. lamba nichala saya batata hai ke mom batii ki muddat ke douran jarehana farokht hui thi, lekin chunkay qeemat khulay ke qareeb band ho gayi thi is se yeh zahir hota hai ke khredar farokht ko jazb karne aur qeemat ko wapas dhakelnay ke qabil thay .


Dragon Fly Candlestick Pattern ki Explaination

Dragonfly doji candlestick aik single candle, small real body wali bullish trend reversal pattern hai, jo k prices k bottom ya bearish trend main banta hai. Pattern ki small real body bullish ya bearish dono tarah se mumkin hai, lekin candle k leye zarori, iss ka prices k bottom par banna hai. Ye candle aik long lower shadow k sath banti hai, jiss k upper side par koi shadow nahi banta hai. Candle k upper side par small wick acceptable hai, lekin ye wick real body se size main bara nahi hona chaheye. Ye candle prices k leye bottom prices par support level ka kaam karti hai, jahan se prices rebound ho jati hai. Jab candle aik timeframe k dowran prices pehle bearish jane k baad wapis bullish jati hai, lekin apne aghaz ya open price k same price par close nahi hoti hai, bulke aik small real body banane k baad, aik long lower shadow k sath close ho jati hai, to ye aik dragonfly doji candle banti hai.



Dragon Fly Candlestick Pattern ki Formation

The Dragonfly Doji candlestick pattern is formed when the opening price, closing price, and high price of a stock or asset are the same or very close to each other, while the low price is significantly lower. This creates a long lower shadow on the candlestick, indicating that sellers had pushed the price down but were unable to maintain the pressure, as buyers quickly stepped in and pushed the price back up.Dragonfly doji candlestick prices k bottom par market k rebound hone ka aik strong signal hota hai. Jab bhi kisi assets ki prices trading k dowran bohut ziada bearish move kar jati hai, to support zone par aksar kuch candles achanak prices to rise nahi karti hai, lekin prices k uptrend jane k aik ishara zaror deti hai, jiss se analyst faida hasil karte howe market main apne trades ki entry karte hen. Dragonfly doji candle prices k bottom par bagher real body main long lower shadow k sath banti hai

Re: Dragonfly Doji Candlestick Charts Pattern

Is dragonfly doji bullish or bearish?
















A dragonfly doji can be an indicator of a reversal in price. When the price of a security has shown a downward trend, it might signal an upcoming price increase. It is a bullish dragonfly in this case.
What does a dragonfly doji indicate?
















A Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It's formed when the asset's high, open, and close prices are the same.
What timeframe is dragonfly doji?


A dragonfly doji candlestick pattern is formed when a candlestick has the same high, open, and closing prices. The candle can be on all timeframes, including on a daily, hourly, and 30-minute chart.