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.
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bullish dragonfly doji candlestickBullish Dragonfly Doji •...
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.067M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 59134 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 150000 | 1 |
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| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| ALB (ASX) Chart |
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