#DOJI Candle Definition:

Doji are used in technical analysis to help identify securities price patterns.

A doji names a trading session in which a security has an open and close that are virtually equal, which resembles a candlestick on a chart.

The word doji comes from the Japanese phrase meaning “the same thing.”

A doji candlestick is a neutral indicator that provides little information. They are rare, so they are not reliable for spotting things like price reversals.