L-EarningCharts

Gravestone Doji Candlestick Pattern — Meaning, Psychology & How to Trade It

7/6/2026

candlesticks
technical
bearish

Open, low and close near the bottom; long upper wick, no lower wick.

In plain words

Buyers climbed a tall ladder, then fell all the way back down to where they started.

What the classic books say

The Gravestone Doji is a 1-candle reversal pattern described in the standard candlestick literature (Steve Nison's work brought these Japanese techniques west). Reference reliability is rated Medium with illustrative behaviour of ~55% when confirmed at resistance. Stronger at well-tested resistance.

Level by level

Beginner

Buyers pushed price high, but sellers crushed it back down by the close. Sellers are taking over.

Intermediate

Failed rally — supply overwhelmed demand at the highs, often near resistance.

Advanced

A bearish reversal candidate at the top of an uptrend; an inverted dragonfly, strongest with volume confirmation.

Trade plan (educational template)

Common beginner mistakes

  • Confusing with dragonfly doji
  • Trading without trend context

Practise it now

_Educational content only — not financial advice. Historical behaviour never guarantees future results._