Dragonfly Doji

bullish

Definition

Open, high and close near the top; long lower wick, no upper wick.

Sellers dragged price down a lot, but buyers brought it all the way back. A strong sign buyers are waking up.

💡 Price dove deep underwater then shot straight back to the surface by the close.

Bullish follow-through candle.

Close below the wick low.

Stronger at well-tested support zones.

~55% when confirmed at support · Medium reliability

1. Is the Dragonfly Doji generally considered bullish, bearish, or neutral?

2. What is the best practice before acting on a Dragonfly Doji?

3. Which is a common beginner mistake with the Dragonfly Doji?

Educational and probability-based analysis only. This is not financial advice and not a prediction of real market outcomes.