What Is a Long-Legged Doji Candle? The long-legged doji is a type of candlestick pattern that signals to traders a point of indecision about the future direction of a security’s price. This doji has long upper and lower shadows and roughly the same opening and closing prices. In addition...
In a doji pattern, the market explores its options both upward and downward, but cannot commit either way. After a long uptrend, this indecision manifest by the doji could be viewed as a time to exit one’s position, or at least scale back. After a long downtrend, like the one shown...
A dragonfly doji is a candlestick pattern that signals a possible price reversal. The candle is composed of a long lower shadow and an open, high, and close price that equal each other.
Sixty-four percent of the time price breaks out downward from this type of chart pattern. Most single candle lines take several days to break out, and this doji takes between two and four days. Downward breakouts take less time than upward ones because price is at or near the candle's ...
Keep in mind that dojis quite often dont present good entry signals because they are one-candle trading ranges. In a ranging market, you shouldnt be buying above the high or selling below their low. Dojis however can be good signal bars when they are near the top or bottom of a trading...
Long Line Candle Marubozu Matching Low Mat Hold Morning Doji Star Morning Star On Neck Pattern Piercing Pattern Rickshaw Man Rising and Falling Three Methods Separating Lines Shooting Star Short Line Candle Spinning Top Stalled Pattern Stick Sandwich ...
Modified Hikkake Pattern Homing Pigeon Identical Three Crows In Neck Pattern Inverted Hammer Kicking Kicking bull or bear determined by the longer marubozu Ladder Bottom Long Legged Doji Long Line Candle Marubozu Matching Low Mat Hold Morning Doji Star ...
High Wave Candle Hikkake Pattern Modified Hikkake Pattern Homing Pigeon Identical Three Crows In Neck Pattern Inverted Hammer Kicking Kicking bull or bear determined by the longer marubozu Ladder Bottom Long Legged Doji Long Line Candle Marubozu ...
Modified Hikkake Pattern Homing Pigeon Identical Three Crows In Neck Pattern Inverted Hammer Kicking Kicking bull or bear determined by the longer marubozu Ladder Bottom Long Legged Doji Long Line Candle Marubozu Matching Low Mat Hold Morning Doji Star ...