Gravestone Doji Candlestick Formation
Description
The Gravestone Doji candlestick formation is composed of a single candlestick bar. A doji is simply a price point on the chart that has the exact same open and close. With the open and close being exactly the same, there is no candlestick body. However, being a Gravestone Doji means, by definition, that the low is the same as the open and close, there is no lower wick. If this prints at the top of an uptrend, with a very long upper wick, this can be a very bearish signal.