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Bearish Evening Doji Star
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Reversal | - 1st day is a long white day.
- 2nd day is a doji which gaps above the 1st day's close.
- 3rd day is a black day.
| | Psychology...
The bearishness of the doji star created on the 1st two days is confirmed with the 3rd day. If the penetration of the 3rd day is more than 50 percent, then this formation has a much better chance to succeed for the trader.
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