How Do Traders Spot and Use the Dragonfly Doji Candlestick Pattern? Market Pulse
In technical analysis, a Dragonfly Doji candlestick pattern indicates that buyers and sellers in the market are unsure of their positions. This indicates that neither bulls nor bears will have a clear advantage in the near-term market. Technical analysts look for the pattern to develop after a setback in an uptrend because it signals a…