Northern Doji Candlestick Patterns

Northern Doji candlestick patterns are very strong bearish reversal candlestick patterns. Maybe I wasn't clear enough so let me repeat it one more time. Maybe this time will be with a little more emphasis. Northern Doji candlestick patterns are very strong bearish reversal candlestick patterns.

A Northern Doji candlestick pattern is the general terminology used for any type of Doji candlestick pattern that develops at the top of an uptrend (hence the "Northern" reference).

The longer that the uptrend is that precedes a Northern Doji candlestick, the greater the chances are that the Northern Doji to signal a trend reversal. At the very minimum, the price may see a consolidation period.

There are several specific types of Northern Doji candlestick patterns. Some of the specific types of Northern Doji candlestick patterns are as follows:

• Abandoned Baby Top
• Evening Doji Star
• Gravestone Doji
• Hanging Man
• Long-Legged Doji (not illustrated)
• Shooting Star

While Northern Doji candlestick patterns can come in many shapes and sizes, all Northern Doji candlestick patterns have at least 3 things in common.

[list_item]All Northern Doji candlesticks develop at the top of established uptrends (hence the "Northern" reference)[/list_item][list_item]All Northern Doji candlestick patterns are considered bearish reversal candlestick patterns[/list_item][list_item]All Northern Doji candlestick patterns have a longer than average upper or lower shadow[/list_item]

Requirements

Each of the above illustrated Northern Doji candlestick patterns have some general, but also some individual requirements that vary between the candlesticks.

Therefore, please refer to each candlestick's webpage for its individual, detailed requirements.

Characteristics & Observations

Listed below are some of the other characteristics for Northern Doji candlestick patterns, as well as some of my personal observations for trading and investing......

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