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Gravestone Doji Candlestick Pattern
The gravestone doji candlestick pattern is a three candle pattern. It is created when a big bullish candle is followed by a candle with a long wick that has opening and closing prices in the time frame close to the same and price ends near the low of the time frame. The last candle in the pattern is a large bearish reversal lower. These three candles show a rally, then a failed move higher, and finally a reversal to lower prices. The long upper wick on the middle candle shows that sellers came in all day to reject further upward movement to higher highs in the trend and can be a signal that the uptrend is ending and ... (full story)
