Of course, exceptions can be made in the sleeve's length if you intend on tying them back.
Another important factor to good movement is that your shoulders don't feel restricted in the top. You may prefer a more fitted look to accentuate your waist, or a more relaxed fit. Regardless what your preference might be, your shirt should end below your hip to allow for overall good movement. Unless you tuck the shirt into your pants, you will not want the shirt to expose your low waist.
You will want to experiment with different brands to find the correct fit. Some women opt to just go for small Men's dress shirts. You might find that Men's Collars are a bit larger than you're used to however.
One Company that offers Dress Shirts for tall women is Old Navy. They carry the tall in several colors at $24.50.
Old Navy Dress Shirts Tall