Long Legged Doji - Tutorial

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Long Legged Doji

Description

This pattern indicates great indecision between the bears and the bulls.

It is formed by a cross with long upper and lower shadows, indicating that the price moved up and down dramatically before it closed at or near the opening price. This is a more dramatic candle than the regular doji.

Doji patterns are significant, indicating an equilibrium in the market. The market could go either way.

Market Opinion

Neutral.

Pattern

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