<p>The <strong>one day Bullish Reversal pattern Dragonfly Doji </strong>is a rare candlestick pattern that occurs at the bottom of a downtrend. It is very similar to the Bullish Hammer Pattern, except on a Dragonfly Doji the opening and closing prices are nearly identical with no body.</p><p>The Bullish Dragonfly Doji is considered to be <strong>more reliable</strong> than a <a href="https://trendlyne.com/fundamentals/screen/5889/hammer-bullish-reversal/"><u>Bullish Hammer</u></a> and tends to be a stronger bullish signal. The pattern is considered most reliable after an established bearish trend. <br /> </p>

Last Updated: 27 Apr 2025, 11:36 a.m. (IST)