Long-Legged Doji

Long-Legged Doji is a candlestick pattern characterized by a very small real body (opening and closing prices nearly equal) flanked by long upper and lower shadows, indicating high market indecision as buyers and sellers push the price in both directions without a clear outcome.

Because it signals potential reversal or continuation depending on the surrounding trend, traders watch for a Long‑Legged Doji after a strong move; if it appears after an uptrend and is followed by a bearish candle, it may foreshadow a pullback, whereas after a downtrend a bullish follow‑up can hint at a short‑term bounce.