Japanese Candlestick Patterns - Dragonfly and Gravestone Dojis

The fourth and fifth japanese candlestick patterns to be explained are variations of the doji pattern, which in contrast to the neutral Doji pattern, are specifically either bullish or bearish patterns. The dragonfly doji and the gravestone doji respectively, are both single candlestick patterns, and are both very easy to identify on a price chart, and are also very useful indicators of upcoming price movement.