The Ultimate Guide to Southern Doji Candlestick Patterns

Last updated: February 7, 2024

Southern Doji Pattern

Southern doji candles are doji candlestick patterns that have occurred during a price decline:



General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes southern doji patterns with the following characteristics:

Typical characteristics

Examples of use as a trading indicator

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!