The Ultimate Guide to Long-Legged Doji Candlestick Patterns

Last updated: February 7, 2024

Long-Legged Doji Pattern

This candlestick pattern occurs when long upper and lower shadows are seen on a doji (where the opening and closing prices are essentially the same):



General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes long-legged doji patterns with the following characteristics:

Typical characteristics

Examples of use as a trading indicator

Other interpretations

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!