Doji

A Doji is a type of candlestick pattern used in financial charts to indicate market indecision. It occurs when the opening and closing prices of an asset are very close or equal, resulting in a very small or non-existent body, often shaped like a cross or plus sign. This suggests that neither buyers nor sellers had clear control during that period, and the market may be at a turning point or experiencing uncertainty. Traders interpret Dojis as signs to watch closely for potential future movements or trend reversals, especially when combined with other indicators.