Morning Doji Star

Loading ... ... Please wait!

Home

Tutorials

Features

APPL 1.0

Webservices

Component-Lib

User Guide

Option Tutorials

Candle Stick Tutorials

Morning Doji Star

Description

This bullish reversal pattern is considered highly reliable.

In a downtrend, a long black candlestick day is followed by a Doji star (indecision) that gaps in the direction of the trend. However, the third day is a white/empty candlestick day which closes up in the top half of the black candlestick day.

The bulls came in and after the stock hovered in a Doji star formation, a gap up above the midpoint of the black candlestick confirms the reversal.

Market Opinion

Bullish.

Pattern

$Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Morning Doji Star_files\image001.jpg$


Copyright �2012, Avasaram LLC. All rights reserved. Version 19.4.0	Follow us on Contact
Disclaimer The information contained in this website is provided to you "as is," for your informational purposes only, without any representation or warranty of accuracy or completeness of information or other warranty of any kind. In no event will avasaram.com be liable to any party for any direct, indirect, incidental, special or consequential damages for use of this website or reliance upon any information or material accessed via it or any other hyperlinked website including, but not limited to, damages arising from loss of profits, business interruption, or loss of data.