A Doji candlestick pattern forms when the open and close prices are almost equal, resulting in a very small or nearly nonexistent body with upper and/or lower wicks. This pattern indicates indecision in the market, where buyers and sellers are in balance and neither side is able to take control. A Doji becomes important when it appears after a strong uptrend or downtrend, as it can signal potential trend reversal or pause, depending on confirmation from the next candle. On its own, a Doji is not a buy or sell signal, but when combined with support–resistance levels, trendlines, or indicators, it helps traders assess weakening momentum and possible change in price direction.