Doji

A spinning top is a Japanese candlestick pattern that denotes indecision in the market, usually at the end of a trend. It can warn of price reversal.

A high wave candlestick is considered a price reversal but is not associated with a specific direction. As a standard rule if the body is black it is taken as bearish, while if it is white it is treated as bullish.

The doji is a special type of candlestick pattern that can signal a changing market. We can use this pattern to try to understand the sentiment and to recognize times when the market strength is switching between buyers and sellers.

A gravestone doji can be a sign that an uptrend has moved too high, too quickly. This can mean some retracement is necessary before new highs can be made.