bullish dragonfly doji candlestick
Bullish Dragonfly Doji
• Pattern is strongest after an established bearish trend
• A candle forms with a very small to almost nonexistent body with a long lower wick
• The lower wick is at least twice as long as the candlestick body
• Little or no upper wick
In a bearish trending market the dragonfly illustrates an unsustainable sell-off, where price drives up to new lows, but buyers take control of the trend by market close.
Although this formation is a moderate to weak signal, it is a warning for longs that the downtrend is losing momentum and bull may retake the market soon.
http://www.fxwords.com/b/bullish-dragonfly-doji-candlestick.html
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.046(66.7%) |
Mkt cap ! $15.17M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 15.5¢ | 11.0¢ | $4.831M | 35.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 908332 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 239001 | 4 |
View Market Depth
| Last trade - 16.14pm 25/07/2025 (20 minute delay) ? |
| ALB (ASX) Chart |