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Price sold off hard, then buyers pushed it all the way back, leaving a long lower shadow with open, high and close near the same level. Educational only, not financial advice. Learn more at samxon.ca #candlesticks #doji #technicalanalysis #trading

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00:00The Dragonfly Doji has its open high and close all near the top, and a long lower wick. It looks
00:07like a capital T. Sellers pushed price down hard, but buyers drove it all the way back to the open.
00:13After a downtrend, that rejection of lower prices is a bullish clue. It is stronger when the next candle closes
00:20higher. Spot it, a T-shape, long tail pointing down.