Long Legged DOJI Candlestick Patterns for Stock Analysis image result
Bullish The shadows on both ends of the Long Legged Doji are extremely long. The patterns reveal buyer and seller indecision. A bullish reversal pattern has formed. The market is negative and in a downturn in this pattern.
A Doji is a cross-shaped candlestick pattern in which the opening and closing prices are equal or nearly equal. A Doji, when viewed alone, suggests that neither the buyers nor the sellers are gaining — it's a sign of indecision.
The long-legged doji is a candlestick with long upper and lower shadows and an opening and closing price that are nearly identical. The pattern indicates indecision and is particularly noticeable after a major rise or decrease.
Long Legged DOJI Candlestick Patterns are the most popular patterns in technical analysis. They are also called long-legged doji candlesticks because they have a long body and a small upper shadow.
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