Education | Technical Indicators | Candlesticks | Chart Patterns

Morning Doji Star

When a downtrend market is in place, following by a Doji Star. Like the regular Morning Star, the third day will support the reversal of the trend. It is more significant than the regular Morning Star pattern.

Recognition Criteria:

• The first day is a black day which indicates the trend of the market.
• The second day must be a Doji day.
• The third day is a white day and supports the reversal of the trend.

(Confirmation is suggested.)

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