Doji

Doji is a commonly observed pattern in candlestick charts in technical analysis of financial markets. It is considered a reversal pattern and signifies potential change in trend direction. It is formed when the opening and closing price of an asset are nearly equal, resulting in a small body and long shadows. The long shadows suggest that the asset's price moved significantly higher and lower over the time period, but ultimately closed near where it started, indicating indecision or conflict between buyers and sellers.