A doji is the Japanese version of the “close near the open” that we saw above. The candle has a very small - or ideally non-existent - body.As with most candlestick patterns, a doji is a transitional indicator. It needs to be interpreted in the context of the bars around it. A doji after an uptrend indicates the end of the trend, especially if it comes after a long white bar. In this case it is known as a "bearish doji star". A "bullish doji star" is the opposite - a doji after a big black bar in a downtrend. The length of the shadows on a doji is also significant: a long lower shadow indicates a dragonfly doji a long upper shadow indicates a gravestone doji A dragonfly doji has an open and close near the high: in a downtrend, this may mean that buyers are emerging, and the trend is ending in an uptrend, it means that buyers couldn't push the price any higher, and the trend may be in trouble So a dragonfly doji is a reversal signal. A gravestone doji has the open and close near the low: in an uptrend, the buyers have failed to close at the high, which is bearish in a downtrend, it could mean that buyers are emerging and the trend may be ending So again, a gravestone doji is a reversal signal.