⁣The Doji candlestick is a small body with long wicks, where the opening and closing prices are nearly the same. This pattern shows that neither buyers nor sellers have control, and the market is in a state of indecision. Key Point: The Doji by itself is neutral, but it’s often a signal that the current trend may be losing momentum. The significance of the Doji increases when it occurs after a strong trend, indicating a potential reversal. Example: After a strong uptrend, a Doji might indicate that the bullish momentum is fading, and the market could be preparing for a reversal. Conversely, after a downtrend, a Doji could signal that selling pressure is weakening, and the market may start moving upwards.