What is the Dragonfly Doji pattern?

Doji with body at the high and long lower shadow. Bullish reversal signal at support.

Is the Dragonfly Doji pattern bullish or bearish?

The Dragonfly Doji is classified as a bullish candlestick pattern. It typically signals a potential upward price movement.

How reliable is the Dragonfly Doji pattern?

TradingPatterns.io tracks the historical win rate of every Dragonfly Doji detection across multiple timeframes. Visit the pattern page to see current win rates and confidence scores based on real market data.

How do I trade the Dragonfly Doji pattern?

Wait for the Dragonfly Doji pattern to be confirmed with a breakout above resistance (bullish) or below support (bearish). Use the measured move technique to set price targets, and place a stop loss on the opposite side of the pattern. Volume confirmation increases reliability.

Which plan do I need to detect Dragonfly Doji patterns?

The Dragonfly Doji pattern is available on the Pro plan. TradingPatterns.io offers 3 free pattern detectors, 46 on Pro ($39/mo), and all 78 on Premium ($59/mo).

candlestick · bullish

Dragonfly Doji

bullishcandlestickPro

Doji with body at the high and long lower shadow.

View track record

Win Rates

Timeframe	Win rate	Sample	Won / Lost	Avg return	Expectancy
15m1Y	58.6%	116	68 / 48	—	—
1d1Y	46.8%	2,945	1,379 / 1,566	—	—
1h1Y	49.4%	5,686	2,809 / 2,877	—	—
1w1Y	48.8%	978	477 / 501	—	—
30m1Y	59.1%	142	84 / 58	—	—
4h1Y	50.0%	2,736	1,368 / 1,368	—	—
5m1Y	62.8%	102	64 / 38	—	—

Average return and expectancy are included with Premium. See plans

Not financial advice. Pattern detections are algorithmic and for informational purposes only. Past performance does not guarantee future results. Always do your own research before trading.