Candlestick Patterns Are A Visual Representation Of Price Movements Within A Specified Time Frame.

They Provide Valuable Insight Into Market Sentiment And Potential Changes In Direction.

Traders Use These Patterns To Make Informed Decisions About Buying Or Selling Assets.

Today, We Will Discuss The Dragonfly Doji Candlestick Pattern In Detail.

We Will Learn What It Is, When It Forms, And How To Trade Using This Pattern.

A Dragonfly Doji Candlestick Is A Special Candlestick With A Long Lower Shadow And Either No Upper Shadow Or A Very Short Upper Shadow.

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Dragonfly Doji Is A Single Japanese Candlestick Pattern That Often