Single-candle pattern · neutral bias
Long-Legged Doji candlestick pattern
A long-legged doji has long upper and lower wicks with almost no body. Price travelled a long way in both directions and finished where it started.
How to identify it
- Open and close nearly equal.
- Long upper and lower wicks.
- A range noticeably larger than nearby candles.
Where it matters: Most meaningful after a strong move in either direction.
What it means
Heavy two-way activity with no winner, often a sign that the prior move is losing clarity.
What confirms it
The next candle's close above the high or below the low.
What invalidates it
It is neutral, so the confirming candle defines the bias and its invalidation.
Common mistakes
- Assuming a reversal from indecision alone.
- Ignoring the surrounding trend.
Frequently asked questions
What does a long-legged doji mean?
Strong indecision: both buyers and sellers were active but neither took control.
Is it a reversal signal?
Not by itself. It can precede reversals, but it needs confirmation.
Related candlestick patterns
Educational content only, not financial advice. Chart patterns describe probabilities, not certainties, and every pattern can fail. See our disclaimer.