We have long legs, long legs and spinning tops.
They are one and the same.
So basically it's a duty which has long shadows, which have long legs.
So these are called legs.
So these are the type of candles which have longer upper and lower shadows that are almost equal in
length.
They reflect a great amount of indecision and wearing bulls and bears try to push the market and pull
the market in either direction.
But at the end of the day, there was no clear cut winner.
So more or less spinning top is what you can call it, long legs.
There are two types of long legs that you can have.
One is Dragonfly Dorji.
Dragonfly Dhody is the one in which open and close is seen and you have a long shadow and you have a
law here.
So Dragonfly is the one in which open and close are at the same point.
So what does it indicate?
How can you read it?
So let's assume that market open at this price 100, then bears try to push the market down and they
took it will say, for example, 80 is this is a long leg.
We can say that it pushed the market substantially down.
So you can see it initially bears won the battle since they pulled the market down, but then bulls
took control and they completely reversed the market and closed it at that hundred.
This is how you can read it, Dragonflight, and it's a strong bullish ness at the end of the market
by the by the time the market is closing with bulls were in control.
So he had open highs and lows.
They are equal and low, creates the long, low, lower share here.
Sellers dominated the trading and low prices lower that value.
But by the end of session, buyers pushed the prices back and closed prices higher.
So long lower schedules provide the evidence of buying pressure.
So this is basically represented by a buying pressure by the bulls and bulls pushed the market up.
This is how you can read a dragonflight.
Let's go to the chart and see if we can see some dragonflight here.
Yes.
This is where you can see a dragonfly here.
So can you see the scandal?
This is an example of Dragonflight.
So I told you that a stock which normally moves in suckage will have Dragonfly doges.
This is, again, an example, although.
Open and close has some different, but, yes, you can you can see that well, moving towards the next
type of candle, which is inverse to Dragonfly Doody is gravestone on.
Verin.
Open low and close.
Are same and you have longer shadow, which forms the height of the market, but this is nothing but
a very scandal wearing bulls tried to push market up.
Then best to control and they completely push the market down, and then there was a clause where it
opened.
So this is how you can.
Understand gravestone duty kind of this explanation is more or less the same.
Let's go to the chart and see if we can see some gravestones in this case.
See, this is the one I found.
One is an example of a gravestone, isn't it?
Market.
Open the zoom out of it.
Market open at this rate.
OK, then we'll try to push it up, then numbers to control, and it went down and ultimately closed
at this level.
So you will not normally get Dragonflight and gravestone during the market.
Normally, stock which runs in circuits will have such kind of candles.
So what I advise you to stay away from such stocks because you will end up in a problem if you get stuck
at the wrong level.
So this is about gravestone.
I hope you have understood this.
Let's see the next type of.