Exchange Currency

long-legged doji

A pattern on a trading chart consisting of a short horizontal with long upper and lower shadows of equal length that depicts indecision in the market. The pattern is formed when prices trade well above and well below the opening price and then close at the same level of the opening price indicating a lack of direction.

Related information about long-legged doji:
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    Long-legged doji have long upper and lower shadows that are almost equal in length. ... Long-legged doji indicate that prices traded well above and below the ...
     
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