Gravestone Doji
Gravestone doji: open and close at the low of the bar with a long upper shadow after an uptrend, a bearish reversal sign.
How to read it
- The long upper shadow shows buyers pushed up but were rejected.
- Marked above the bar.
- Confirmation by the next bar closing lower strengthens the signal.
Key settings
- Max body 5 % of the range.
- Trend filter on: only after an uptrend (close above its 50-bar SMA).
Good to know
- Drawn on the price pane, over the candles.
- Evaluated on closed bars.