WickCheck / Trading school / Doji
DojiBeginner
A candle that opens and closes at almost the same price, showing indecision.
What it means
Dojis often appear before a decision: at the end of a move or inside a range. They mean little alone.
How to spot it
- Body tiny compared with the wicks.
Common mistakes
- Reading a doji as a reversal signal by itself.
Related terms
CandlestickOne bar of price: open, high, low and close for a period of time.…Inside barA candle whose high and low sit inside the previous candle's range.…RangeSideways price between a clear high and low, with no trend.…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.