Wednesday 18 June 2014

Doji Long-Legged Candlestick

Doji Long-legged is a sign of indecision about the future direction.
Long-legged doji candles are   foremost important when they occur during a robust uptrend or downtrend.
The long-legged doji imply that the supply and demand are nearing equilibrium.
When the long legged doji seems in an uptrend it provides a sign for a possible reversal to the downside.

When the long legged doji seems in a downtrend it provides a sign for a possible reversal to the upside.
Doji Long-Legged Candlestick

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