For a better understanding of this article, you should already know what Japanese Candlesticks are and all their features; for this reason, we suggest you to read this introductory article to Japanese Candlesticks: Japanese Candlestick Chart ( So that you can understand also the Ratings given to the Candlestick Patterns for the “quality” of the signal and for their frequency to “appear” on Charts).
Let’s analyse now the following Type of Japanese Candle: “Gravestone Doji”.
Gravestone Doji
– A Gravestone Doji has only the Upper Shadow, that is very long, and no Lower Shadow; in fact it has as Low, both the Opening Price and Closing Price.
– If it occurs during an Uptrend, especially if near an High of the Trend, it means a possible bearish reversal.
