Long Legged Doji Candlestick Formation

Long Legged Doji Candlestick Example

Description

The Long-Legged Doji candlestick formation is composed of a single candlestick bar. A Doji is simply a price point that has the same opening price and closing price. With identical opening and closing prices, there is no real body, only wicks or shadows. A long-legged doji is simply a doji that has long upper and lower shadows.