🗯️ WHAT IS A LONG-LEGGED DOJI?
Small body + long wicks = Indecision and power struggle.
When seen in a downtrend, the probability of sellers gaining control increases.
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💭 WHAT DOES THE PSYCHOLOGY BEHIND IT SAY?
Although buyers try to recover, selling pressure dominates.
The trend may continue or a downward breakout may occur.
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👀 HOW TO TRADE IT?
Entry: Open a SHORT position when the price breaks below the low of the candle.
Stop Loss: Place it at the highest point of the candlestick formation.
Profit Target: Close at the nearest support level or based on your risk/reward ratio.
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🧩 EXAMPLE STRATEGY: BTC/USDT
A Long-Legged Doji formed on the 15-minute chart.
Price moved below the low of the candle → SHORT position opened.
Stop loss was placed at the high of the candlestick.
Target was set at the nearest support zone.
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♟️ WHY IS IT IMPORTANT?
If this formation appears especially after a bullish move, it may signal a trend reversal.
With disciplined risk management, it enables profitable short trades.
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🎯 CONCLUSION
The Long-Legged Doji is a warning that selling pressure might strengthen.
When used correctly, it can help you profit from downward trends.
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