Gravestone Doji Pattern
A doji with a long upper shadow and no lower shadow, shaped like an inverted "T", signaling potential bearish reversal at resistance.
Quick Answer
A doji with a long upper shadow and no lower shadow, shaped like an inverted "T", signaling potential bearish reversal at resistance.
What Is the Gravestone Doji Pattern?
The Gravestone Doji is the bearish counterpart to the Dragonfly Doji. It looks like an inverted "T" where the open, low, and close are all at or near the same level, with a long upper shadow. This shows that buyers pushed prices higher during the session, but sellers took control and pushed it back down to the opening level. At the top of an uptrend, this is a bearish signal.
How the Gravestone Doji Forms
- 1Open, low, and close at same/similar level
- 2Long upper shadow extending up
- 3No or minimal lower shadow
- 4Forms after an uptrend for bearish signal
How to Confirm the Pattern
Best Timeframes for Gravestone Doji
How to Trade the Gravestone Doji
- →Identify potential top reversals
- →Spot strong seller rejection of higher prices
- →Combine with resistance for short entries
- →Set stops above gravestone high
Common Mistakes to Avoid
Detect Gravestone Doji Automatically
VaultCharts automatically detects Gravestone Doji patterns on your charts. No manual analysis needed - the pattern is highlighted with entry zones and targets.