A doji with open, low and close together at the bottom and a long upper wick. Buyers pushed up but were fully rejected.
How to identify it
- Open and close at or very near the low
- Long upper wick, no lower wick
- Most meaningful after a rally or at resistance
Entry
Sell below the gravestone low.
Stop loss
Above the top of the upper wick.
Target
The nearest support or a 2R move.
Invalidation
A close above the midpoint of the upper wick.
Does it work for you?
Textbook reliability means little until you know your own numbers. Tag your gravestone doji trades in TradeZento and it shows your win rate, average win and loss, and P&L per trade for this pattern, so you know whether to keep it in your playbook.