How to Trade Long Legged Doji Candlesticks

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#longleggeddoji #candlestickpattern #candlestickpatterns #candlesticks #candlestickspatterns

[stephennn]

Hey, what study you use for the candlessticks to show the name of, doji ?

[elrod]

Should have mentioned that huge head and shoulders pattern on NEM when you first pulled it up Lucien. Great videos man. Really a great addition to the literature you guys recommend

[BWater-yqjx]

I've picked quite a few reversals with dojis (dragonflys, gravestones). But not this one. Usually continuation.

Saved a bunch of money today as a Rickshaw Man (long-legged doji) had come up at the last bottom of what was either going to bounce back up and become an ascending triangle...
or drop into a bear-flag breakout.

I sold at the open and it had the worst plunge on the highest volume for months!

(Also, other factors taken into account suggested it would go that way).

There is a lot to be said for watching a stock REALLY closely for a while. You start to FEEL what's going on... candles are like a graphic representation of emotion (sentiment).

The day before when the Rickshaw Man was forming, I could sense a bit of panic at one point. It pulled back by the close, but left me with the clear feeling that it wouldn't take much to tip this into a sell-down.
Which is what happened. I sold mine, and everyone followed suit.

Anyway, just thought that might be worth sharing...