You might also notice, in the second example, that there was a high wave candle before our inverted hammer, and a long -
tailed doji afterward.
The long -
tailed doji is, however, a bullish signal for a couple of reasons: 1, the long lower wick is bullish; and 2, the size of this candle is very large relative to any other candlestick in the image.
Note: We're not taking the long -
tailed doji as an entry signal.
Near the center of the image, you will see a long -
tailed doji (or long - tailed spinning top).
Not exact matches
First, the two circled bars were not exactly in free fall with the first bar being a
doji and the second bar with a long bottom
tail.