{"id":131,"date":"2009-12-31T10:09:33","date_gmt":"2009-12-31T16:09:33","guid":{"rendered":"http:\/\/www.stockhideout.com\/stock-blog\/?p=131"},"modified":"2016-04-20T09:33:55","modified_gmt":"2016-04-20T15:33:55","slug":"bearish-dragonfly-doji-pattern","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/learn\/bearish-dragonfly-doji-pattern\/","title":{"rendered":"Bearish Dragonfly Doji Pattern"},"content":{"rendered":"

\"\"<\/a><\/p>\n

BEARISH DRAGONFLY DOJI PATTERN (BDDP)<\/strong>
\nclosing is very near the opening<\/p>\n

Characteristics:<\/strong>
\n1. Market is on an uptrend;
\n2. There is then a Doji at the upper end of the trading range. It is located above the trend; and
\n3. The lower shadow of the Doji is extremely long. There is no upper shadow.<\/p>\n

Brief Explanation:<\/strong>
\nThis is a single candlestick pattern. It occurs at a market top or during an uptrend. The BDDP is similar to the Bearish Hanging Man pattern.<\/p>\n

The market is bullish and this is characterized by an uptrend. Then there is a price action distinguished by a sharp-sell off when the market opens. The prices then move down, going to a level that is much lower than the opening price. At the closing hours, we then see a rally, and it closes very near the opening price.<\/p>\n

Notes:
\n1. If the market opens lower the next day, there may be a lot of longs eager to sell their positions
\n2. The BDDP is more bearish than the Bearish Hanging Man Pattern
\n3. A confirmation is suggested to check the trend reversal of the next trading day (through a black stick, a large gap down, or a lower close).<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

BEARISH DRAGONFLY DOJI PATTERN (BDDP) closing is very near the opening Characteristics: 1. Market is on an uptrend; 2. There […]<\/p>\n","protected":false},"author":1,"featured_media":1442,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[15,11,8,4],"tags":[],"class_list":["post-131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-2-medium-reliability-bearish","category-bearish-candlesticks","category-candlestick-charts","category-learn-stock-charts"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/posts\/131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/comments?post=131"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/posts\/131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/media\/1442"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/media?parent=131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/categories?post=131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/tags?post=131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}