Long-Legged Doji
A long-legged doji is a candlestick where the open and close are at or near the same price, but the candle has long upper and lower shadows, signaling strong intraperiod price volatility and market indecision.
Example: On a daily chart, a stock opened at 50.00, closed at 50.00, with a high of 53.00 and a low of 47.50, forming a long-legged doji.
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