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Gravestone Doji bullish or bearish

The Gravestone Doji is a candlestick pattern that is typically considered bearish. It showed in uptrend and forms when the open, high, and close prices are all at or near the low of the day, with a long upper shadow.

This indicates that there was significant selling pressure during the trading day, pushing the price down from its opening level, with a subsequent recovery that could not be sustained.

It is generally considered a bearish signal. However, like all technical indicators, it is important to consider the context in which the pattern occurs and to use additional analysis to confirm any signals.

Read more: Gravestone Doji candlestick

Gravestone Doji bearish example

Here is a chart of GRAPHITE INDIA.

Note this candlestick success every time.

Do comment if you have more suggestions or questions on candlestick patterns.

Disclaimer: All comapny chart are used only for learing purpose. There is no buy and sell recommandtion. All Technical analyst are learing purpose only.

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