Doji

A doji has a tiny body or no body at all. The open and close are the same (or within a few pipettes). That means buyers and sellers fought to a standstill during the period. The wicks can be long, short, or asymmetrical — what matters is that nobody won. Dojis at key levels are meaningful. A doji at major resistance after a rally says "the buyers couldn't push through and the sellers stepped in." A doji at major support after a selloff says the opposite. Dojis in the middle of nowhere are noise. There are variants: dragonfly doji (long lower wick, no upper — bullish), gravestone doji (long upper wick, no lower — bearish), and long-legged doji (big wicks both sides — maximum indecision).