Doji candles.

Dojis are one of the most famous combinations, either it’s in the name, or they appear quite often on the charts of currency pairs, or perhaps the reason lies in their appearance and diversity.
Doji is a graphic figure in which the body is almost completely absent, this is precisely their distinctive feature. The absence of a body means that the closing price almost coincides with the opening price, that is, during this period of time the price has practically not changed.

There are quite a large number of Doji variants, the main difference of which is the length of the shadow and its relation to the existing trend.

Long-legged Doji - the lower shadow is much larger than the upper shadow, which indicates greater activity of the bears and attempts to reduce the existing price.

Dragonfly Doji - the absence of an upper shadow, shows weak buyer activity in the current time frame , but despite this, the price still returned to the opening level.

Tombstone - a candle with a long upper shadow and a missing lower one, indicates that the bulls are trying to raise the price, although only for a while.

It is a good signal to buy if the price is at the support level. A four-price doji is simply an exclusive variant of a candle where the low and high are virtually the same as the opening and closing prices. That is, the candle has a small body and no shadows at all. This option indicates a flat state in the Forex market ; quotes practically do not change.

There are quite a large number of Doji candles, so we will look at some of them in the following articles; there may also be other variants of the names of the given candles.

Doji characterize the market situation as indecisive, therefore they are a warning signal, upon receipt of which you should re-analyze the market situation or postpone the transaction altogether.