Charts speak if you know how to listen. In the trading world, each candlestick records a struggle between bulls and bears — some are resolutely bullish and pour in money, while others decisively reduce positions and take profits. The data etched on the chart reflects the outcome of this battle.

Today, let's explore three of the most practical among the 12 classic candlestick patterns: Doji, Gravestone Doji, and Dragonfly Doji. These three appear frequently and can always provide useful hints.

**How Candlesticks Are Formed**

A candlestick consists of four numbers — opening price, closing price, lowest price, and highest price. Using these four figures, combined in different ways, the buying and selling forces over a day (or a specific period) are visually represented. Simply put, it turns boring price data into visible graphics.

**What Can Candlesticks Do**

The essence of candlesticks is data visualization. By glancing at the chart, traders can immediately grasp several key points:

Is the trend upward or downward? The arrangement of consecutive candlesticks can tell you whether the market is rising, falling, or oscillating.

Are bulls or bears in control? Different candlestick patterns — such as long and solid upper shadows, long and solid lower shadows, or doji with no real body — silently tell the story of the ebb and flow of bullish and bearish forces and the market psychology at that moment.

Are there reversal signals? Specific formations created by one or multiple candlesticks (like engulfing, doji, or shooting star patterns) are often used as triggers for buy or sell decisions in practice.

Moreover, this candlestick system is not limited to stocks and futures; it can be applied to cryptocurrencies, forex, commodities, and more.

**Reversal Signals Start with These Candlesticks**

**Doji — Bulls and Bears Tie, Direction Pending**

What does a doji look like? The opening and closing prices are the same, and the real body is so small that it’s almost invisible. What does this indicate? Neither bulls nor bears gained an advantage; forces are in balance. The direction is unclear, making it a warning candlestick. Strictly speaking, when the real body of a candlestick is less than one-tenth of its total length, it can also be considered a doji.

The appearance of this pattern often signals that the dominant force is beginning to weaken, especially when