Skip to content

Long-Legged Doji

Patterns pattern candlestick classic

A doji with long shadows on both sides.

Usage

Indicates a significant struggle between bulls and bears.

Background

Candlestick patterns were popularized in the West by Steve Nison in his 1991 book 'Japanese Candlestick Charting Techniques'. These patterns provide a visual representation of market psychology and the balance of power between buyers and sellers at key price levels.

Formula

\text{Pattern Recognition Logic (TA-Lib Internal)}

Source