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Bearish Evening Doji Star

Daily Charts:   33 found in last 10 days.   Updated Wed Jul 28 18:16:42 2010 CST . Click here to see them.

Weekly Charts:   1 found in last 10 weeks. Click here to see them.

Bearish Evening Doji Star

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Reversal
  1. 1st day is a long white day.
  2. 2nd day is a doji which gaps above the 1st day's close.
  3. 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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