This candlestick has long upper and lower shadows with the Doji in the middle of the candle’s trading range, clearly reflecting the indecision of traders.
Long-Legged Doji
Related Terms
-
A Doji is a single candlestick pattern that is formed when the opening price and the closing price are equal. The lack of a real body conveys a sense of indecision or tug-of-war between buyers and...
-
The Harami pattern consists of two candlesticks with the first candlestick being a large candlestick and the second being a small candlestick whose body is contained within the first candle’s...
-
The Gravestone Doji is a Japanese candlestick in which the open and close price of the candle is at the same level or is very close to the same level. A Doji candle that opens and closes at or near...
-
An Evening Doji Star consists of a long bullish candle, followed by a Doji that gaps up, then a third bearish candle that gaps down and closes well within the body of the first candle. An Evening...
-
A Spinning Top is a Japanese candlestick with a small real body and long upper and lower shadows. The short body of the candle suggests that there was a lot of indecision in the market regarding...