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Doji Candlesticks & Meanings

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.

What is this Candlestick called

a)

Butterfly Doji

b)

Long-legged Doji

c)

Dragonfly Doji

d)

Gravestone Doji

2.

What does Dragonfly Doji indicate

a)

Indicates market indecision, with the open and close at the same price, suggesting a standoff between buyers and sellers

b)

A potential bullish reversal, appearing at the bottom of a downtrend, with a long lower shadow, suggesting that sellers initially drove prices lower, but buyers took control, pushing prices back up

c)

Indicates a high degree of uncertainty, with long upper and lower shadows, signifying that neither bulls nor bears made significant progress despite strong moves both up and down during the period

d)

A potential bearish reversal, appearing at the end of an uptrend, with a long upper shadow, indicating that buyers initially pushed prices higher, but sellers took control, driving prices back down. 

3.

what does gravestone doji indicate?

a)

Indicates market indecision, with the open and close at the same price, suggesting a standoff between buyers and sellers

b)

A potential bullish reversal, appearing at the bottom of a downtrend, with a long lower shadow, suggesting that sellers initially drove prices lower, but buyers took control, pushing prices back up

c)

A potential bearish reversal, appearing at the end of an uptrend, with a long upper shadow, indicating that buyers initially pushed prices higher, but sellers took control, driving prices back down

d)

Indicates a high degree of uncertainty, with long upper and lower shadows, signifying that neither bulls nor bears made significant progress despite strong moves both up and down during the period

4.

What does “bearish” indicate

a)

indicates the closing price is higher than the opening price, indicating upward momentum. indicating that buyers are in control.

b)

indicates a candlestick where the closing price is lower than the opening price, signaling downward price pressure or a potential trend reversal. sellers are in control

5.

what does “bullish” indicate

a)

indicates the closing price is higher than the x opening price, indicating upward momentum. indicating that buyers are in control.

b)

indicates a candlestick where the closing price is lower than the opening price, signaling downward price pressure or a potential trend reversal. sellers are in control

6.

what does long-legged doji indicate

a)

A potential bullish reversal, appearing at the bottom of a downtrend, with a long lower shadow, suggesting that sellers initially drove prices lower, but buyers took control, pushing prices back up

b)

Represents a total lack of volatility, with the open, close, high, and low all at the same price, indicating ultimate indecision.

c)

A potential bearish reversal, appearing at the end of an uptrend, with a long upper shadow, indicating that buyers initially pushed prices higher, but sellers took control, driving prices back down

d)

Indicates a high degree of uncertainty, with long upper and lower shadows, signifying that neither bulls nor bears made significant progress despite strong moves both up and down during the period

7.

what does four-price doji indicate

a)

Indicates a high degree of uncertainty, with long upper and lower shadows, signifying that neither bulls nor bears made significant progress despite strong moves both up and down during the period

b)

Represents a total lack of volatility, with the open, close, high, and low all at the same price, indicating ultimate indecision.

c)

Indicates market indecision, with the open and close at the same price, suggesting a standoff between buyers and sellers.

d)

A potential bullish reversal, appearing at the bottom of a downtrend, with a long lower shadow, suggesting that sellers initially drove prices lower, but buyers took control, pushing prices back up

8.

what does standard doji indicate (+)

a)

Represents a total lack of volatility, with the open, close, high, and low all at the same price, indicating ultimate indecision

b)

Indicates market indecision, with the open and close at the same price, suggesting a standoff between buyers and sellers

c)

Indicates a higher degree of uncertainty, with long upper an lower shadows, signifying neither bullish nor bearish made significant progress despite strong moves both up and down during the period