The “dragonfly” doji imply, that sellers (Bears) controlled the market for most of the trading period, but then the buyers (Bulls) managed to push price back to the open price before the close. While the “gravestone” doji imply, that buyers (Bulls) controlled the market for most of the trading period, before the Sellers (Bears) managed to push price back to the open price before the close.

While tradition and long-legged doji's are reflective of indecision and stalling, gravestone and dragonfly are generally clearer, stronger indicators that a force is stepping in to push the market in the opposite direction. Therefore, the gravestone and dragonfly dojis are stronger doji's with respect to indicating a reversal compared to the tradition and long legged Dojis.

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