Gravestone Doji

A gravestone doji is a doji candlestick pattern in which the opening price, lowest price and closing price fall very close to each other or coincide, while the highest price is far away from them. Gravestone doji patterns stand for bearish dominance. Gravestone doji patterns have a long upper shadow. A gravestone doji differs from other doji patterns in the position of the horizontal line. In gravestone doji patterns the horizontal line or body is placed towards the bottom of the vertical line. The image below depicts a gravestone doji.