A Doji candle is a candle with one of the famous and well known patterns.
The Doji is so well known by traders, because, if properly used, it is a good indication for a reversal.
The Doji is characterised by the fact that the open and the close of the candle are equal or nearly equal.
This pattern indicates an indecision in the auction and often has a long wig.
The high probability setups are typical the ones where a Doji candle is formed at a significant level,
like a previous
support/resistance level.
