LONG LEGGED DOJI
A long legged doji pattern resembles the indecision between the market participants. A long legged doji pattern can form at the top of the chart as well as the bottom of the chart.
The long-legged doji pattern is created when the open and close prices are nearly identical, but the asset experiences a wide trading range during the session. This shows that the bulls and bears were in a state of equilibrium, unable to establish a clear direction for the market. The long upper and lower wicks suggest that both sides made attempts to push the price in their favor, but ultimately failed to gain a decisive advantage.
