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
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The Keltner Channel or KC is a technical indicator that consists of volatility-based bands (or channels) set above and below a moving average. The channels are usually set two Average True Range...
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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...
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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...
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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...
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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...