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Doji candlestick patterns. They're these weird little things in technical analysis. Kinda signal market confusion. You see them when an asset's opening and closing prices are pretty much the same. Tiny body on the candle.
There's a bunch of Doji types. Each one means something different:
Neutral Doji. Small body. Equal shadows. Buyers and sellers in a standoff.
Long-legged Doji. Longer shadows. Seems like things got wild during trading.
Dragonfly Doji. Long lower shadow. Almost no upper shadow. Might mean bulls are coming after a downtrend. Not entirely clear though.
Gravestone Doji. Opposite of Dragonfly. Long upper shadow. Bears might be lurking.
Four Price Doji. Super rare. Just a line. Everything's the same price.
Traders use these patterns. They mix them with other stuff. Support levels. Resistance. RSI. It's complicated.
But here's the thing. Doji patterns aren't magic. You can't just rely on them alone. That'd be crazy. Market context matters. Volume too. And a bunch of other technical mumbo-jumbo.
Smart traders? They use Doji as part of a bigger plan. It's just one piece of the puzzle. Kind of surprising how much people obsess over these little candles sometimes.