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Bullish Morning Doji Star

Daily Charts:   13 found in last 10 days.   Updated Thu Mar 11 18:16:04 2010 CST . Click here to see them.

Weekly Charts:   2 found in last 10 weeks. Click here to see them.

Bullish Morning Doji Star

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

Psychology...

The bullishness 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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