Bearish Gravestone Doji Pattern

The gravestone doji on a technical chart is a significant signal. This candlestick pattern is characterized by an opening and closing price very close to the low, a small body, a prominent upper shadow, and a missing lower shadow.

It indicates that the market has retreated from a high during a certain period of trading, suggesting the influence of selling pressure and the potential for the emergence of new bearish trends. The gravestone doji is a strong technical signal, especially in an upward trend, signaling a possible reversal and the onset of a bearish trend.