Bearish Dragonfly Doji

A very small body with a long lower wick.The lower wick is at least twice as long as the candlestick body. No upper wick. After a market in an overall uptrend the sharp sell-off reflected by the Bearish Dragonfly Doji suggests the bulls may have lost sway over the market trend. Despite the fact that market price closes at or near its open/high price reflecting a bull rally in the same day, this candle casts doubt on the markets ability to continue the uptrend.

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