What does the appearance of a Standard Doji candlestick mean and how to read the market in it:
Shape:
Wick up
Wick down
Very small body in the middle
It means: the market is indecisive.
Neither buyers nor sellers are in control.
What happens next?
If it appears after a strong rally 📈
It may indicate: weakness in the rally and a potential drop.
If it appears after a strong decline 📉
It may indicate: weakness in the drop and a potential rise.
But we can't rely on it alone.
We need a confirmation candlestick afterwards.