Dragonfly Doji Complete Guide

candlestickbullish1 bars

What is Dragonfly Doji?

Le doji libellule est une figure en chandelier avec une tendance haussière. Il nécessite au moins 1 barre pour se former. Cette figure est largement reconnue en analyse technique et peut être observée sur tous les marchés et horizons temporels.

Identification Rules

The Open, High, and Close prices are identical or very close to each other.
The lower shadow is very long, representing the majority of the candle's height.
There is little to no upper shadow present.
The pattern must appear after a distinct downward price move to be considered a bullish reversal signal.

References

Thomas N. Bulkowski (2005). Encyclopedia of Chart Patterns.
Steve Nison (2001). Japanese Candlestick Charting Techniques.

FAQ

Is the Dragonfly Doji always a bullish signal?

No. While primarily a bullish reversal at the bottom of a trend, if it appears at the top of an uptrend, it can signal a bearish reversal (similar to a Hanging Man), though this is less common.

What does Bulkowski say about its reliability?

Bulkowski's research indicates a near 50% reversal rate in a downtrend, meaning it requires a confirmation candle on the following day to be traded safely.

How does volume impact the validity of this pattern?

Above-average volume on the day of the Dragonfly Doji suggests a stronger rejection of lower prices and increases the likelihood of a trend change.

What is the ideal length for the lower shadow?

Technically, the longer the better. Most analysts look for a shadow that is at least two to three times the size of the 'body' (if any).

Where should a stop-loss be placed when trading this pattern?

A standard stop-loss is placed just below the low of the Dragonfly Doji's long lower shadow.

More Analysis

Dragonfly Doji Scanner le marché Modèles Associés Indicateurs Associés

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Reviewed by KlineVision Research Team, CFA Charterholder, 10+ years quantitative research· 23 avr. 2026

Parts of this page (FAQ, introductions) are AI-assisted. Core data and statistics are algorithmically computed. All pattern definitions are human-reviewed.

Data source: EODHD · Last updated: 23 avr. 2026

Avertissement : Cette page est basée sur des données de marché publiques et une analyse technique algorithmique. Elle ne constitue pas un conseil en investissement.