Doji Candlestick Practice
A doji is the market shrugging: open and close finish at almost the same price, so neither side won the session. Train to read what it means depending on where it shows up.
A doji has an open and close that are virtually equal, leaving a tiny or non-existent body with wicks on one or both sides. Alone it signals indecision; its meaning comes from location — after a strong trend it can warn of exhaustion, while inside a range it is often just noise.
How to spot it
- ✓ Open and close are nearly identical — the body is a thin line.
- ✓ There are visible wicks showing the session’s range.
- ✓ Note the context: is it ending a strong move, or sitting in a flat range?
- ✓ A doji after an extended trend is the most meaningful.
- ✓ Bonus confirmation: wait for the next candle to break the doji’s high or low.
⚠️ Common mistake
Treating every doji as a reversal. In a quiet, ranging market dojis appear constantly and mean almost nothing. The signal is strongest precisely when a trend has run a long way.
FAQ
How equal do the open and close need to be?
They should be close enough that the body is a thin sliver relative to the wicks. There is no fixed tick value — it is about visual proportion.
Is a doji bullish or bearish?
Neither on its own — it is indecision. The following candle and the location decide the bias. This page is for practice and is not financial advice.