Long-Legged Doji
A doji with long wicks on both sides, so the period covered a wide range and still finished where it began.
The widest expression of indecision in the family — a large range that resolved into nothing. Because the defining feature is range rather than direction, it is the doji most likely to precede a large move in either direction, and the one whose "success rate" under a stays-flat test is hardest to read without the baseline beside it.
What a long-legged doji has actually done
Every occurrence we hold, scored on whether price moved more than 0.5% in the pattern’s own direction within three candles.
| Timeframe | Occurrences | Reached target | Baseline | Edge |
|---|---|---|---|---|
| 1H · crypto | 30,563 | 40.6% | 53.5% | -12.9pp |
| 4H · crypto | 11,371 | 26.3% | 29.1% | -2.8pp |
| 1D · crypto | 6,477 | 13.1% | 10.6% | +2.6pp |
| 1D · forex | 236 | 67.0% | 10.6% | +56.4pp |
Baseline is the share of ordinary candles that passed the same test over the same period, same timeframe and same direction. A rate at or below it means the shape added nothing. Edge is the difference between the two. This is a record of what followed, not a forecast.