Evening
Doji Star
Description
This
reversal pattern is considered highly reliable.
In
an uptrend, three candlesticks form. The first day is a long white candlestick.
The second day is a doji star (higher gap in the same direction up). The third
day is a long black candlestick with a closing price within the first day’s
white body. This is considered a “top” pattern.
The
doji is the signal that bullish sentiment is weakening. The third day’s black
candlestick confirms this.
Market Opinion
Bullish.
Pattern
