medium · Volume Price Analysis

What is the primary danger of a 'long-legged doji' appearing on very low volume during a high-impact news event?

1. It represents insider stop-hunting rather than genuine market indecision.
2. It confirms that the insiders have already filled their warehouses.
3. It signals a guaranteed trend reversal within the next three candles.
4. It indicates that the news event was fully priced in before the release.

Sign up free to see the explanation and track your rank →