BeForex: Reversal candlestick formations

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Date published: Sun, 05 Sep 2010 10:23:22 GMT


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Reversal candlestick formations


Long-legged Doji
This candle often signifies a turning point. It occurs when the open and close are the same, and the range between the high and the low is relatively large.


long-legged doji

Dragonfly Doji
This candle also signifies a turning point. It occurs when the open and close are the same, and the low is significantly lower than the open, high and closing prices.


dragonfly doji

Gravestone Doji
This candle also signifies a turning point. It occurs when the open, close and low prices are the same, and the high is significantly higher than the open, close and low prices.


gravestone doji

Stars
Stars indicate reversals. A star is a candle with a small real body that occurs after a candle with a much larger real body, where the real bodies do
not overlap (the wicks may overlap).


stars