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Candlesticks in Action
There were several candles of importance form today, but the one that seems most interesting to me is the daily candle on the GBPUSD that formed a dragonfly Doji today.

It isn’t a perfect doji, but there are a few things about the doji that make it interesting. On my charts the open and the close are the exact same price. And the length of the top wick is within the spread so I consider it to be nonexistent. The major drawback to this candle is that it isn’t anywhere important.
It isn’t by the center line like the hammer from 9 days ago, and the lower wick can’t form a swing low,so I won’t be looking at this as a potential trade set up for now. Considering I am in a short position on this pair, I am glad it’s setting in the middle of nowhere.
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