Long-Legged Doji

Candlestick pattern indicating a strong sense of indecision. A long-legged doji displays price opening a certain level, a run to the upside, a pullback to the opening price, a drop to the downside. a bounce to the opening price, and close at or near where the price opened. This price action takes place all within the same time period (daily chart, 30-minute chart, 5-minute chart...). The long-legged term refers to the length of the upper and lower shadows. The longer the shadows (legs) the stronger is the move following the eventual breakout, or breakdown.