Long Legged Doji – Daily Learning

investment and trading 1 Minute

We are initiating this new series where we will share daily one candlestick pattern with you. Will try to get the Candlestick pattern on daily charts for that particular day only which enable you to learn more in detail and make things more entertaining for you.

A “long-legged” doji is a far more dramatic candle. It says that prices moved far higher on the day, but then profit taking kicked in. Typically, a very large upper shadow is left. A close below the midpoint of the candle shows a lot of weakness. Here’s an example of a long-legged doji.

You can see ‘Long Legged Doji’ on daily candlestick today on ‘PI Industries’ stock.

Published by I'm Learning

I'm Learning is a financial literacy and awareness initiative by 'Investment Mantra' group. Our goal is to make people financially independent with the help of discipline and consistency. 'Investment Mantra' is A Revolutionary Startup Management Trading Firm. The company began its operation in Dec 2020 and continues to grow its operations through expansion of its client base and providing different type of services. Disclaimer: Views are purely for educational purposes.

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