What is the gravestone doji pattern?
The gravestone doji is a bearish candlestick pattern. Open, close and low sit together with a long upper shadow. Buyers rallied the price and sellers slammed it back down.
How does the gravestone doji form?
Open, close and low sit together, with a long upper shadow. Price rallied and gave all of it back.
How do you confirm a gravestone doji?
After an advance this marks a level nobody was willing to hold. Note where the wick reached. That price is the useful part.
When does the gravestone doji fail?
In quiet conditions the same shape appears from thin trading rather than real rejection, and nothing follows.
No chart pattern works every time. The examples on this page were chosen because they show the pattern clearly, and in real markets patterns fail often.
Practice on real charts
3 real examples of the gravestone doji, cut off where the pattern completed. Make your call, then see what happened.
The shaded area is a gravestone doji. Where did price go next?