A Doji forms when a candle opens and closes at almost the same price, leaving a tiny or non-existent body with wicks on one or both sides. It marks a standoff between buyers and sellers, and its meaning depends entirely on where it appears in a trend.
How traders read it
- Read it as indecision, not a signal on its own.
- After a strong trend, a doji warns that momentum may be stalling.
- Wait for the next candle to confirm which side takes control.
See it in dtcharts
Turn on candlestick pattern detection in the dtcharts terminal — every doji is marked on the chart with its historical reliability score, so you can judge how often it has actually played out.