A long-legged doji is a candlestick with long upper and lower wicks that has approximately the same open and close prices.
The pattern shows indecision and is most significant when it occurs after a strong rise or fall.
-While some traders may trade the one candlestick pattern, others want to see what happens to price after a long-legged doji.
The pattern is not always significant and does not always indicate the end of a trend - it can mean the beginning of a period of consolidation, or it can simply be a minor spike in the current trend.