Dragonfly Doji
Open, high and close are all near the top of the range. A long lower wick shows buyers rejected the lows aggressively.
Clean view of the dragonfly doji in isolation.
After the downtrend, the pattern appears and price reverses higher.
Next candle should close above the dragonfly's high.
Bullish reversal signal at support or end of downtrend. One of the strongest single-candle bullish patterns.
The psychology behind it
Sellers pushed price down hard, but buyers stepped in and rallied price all the way back. Demand has arrived.
Like every candlestick pattern, the Dragonfly Doji is a probabilistic signal — not a guarantee. The strongest setups appear at clear support / resistance levels, with a directional bias from higher timeframes, and ideally with volume confirmation. Always combine candlestick reads with structure and trend context.
Related patterns
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