Long-Legged Doji Candlestick Pattern Explained: Meaning & Importance
What Is the Long-Legged Doji? A Long-Legged Doji forms when open and close prices are equal, with unusually long upper and lower wicks on both sides
How to Identify It Spot a candle with a tiny or absent real body and exceptionally long shadows extending far above and below the body
What Does It Signal? It reflects intense buying and selling pressure that ultimately cancelled out - signalling deep market indecision and a potential trend reversal ahead