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Bearish Doji

Reliability Rating: moderate

A bearish Doji starts with a large white candle and then an up gapping Doji. Since on the second day is trades within a small range, it shows many positions have changed and potential for a reversal.

Waiting for the next day to open into a black candle would be prudent to confirm the trend however when the bearish Doji occurs it is worthwhile having a look.