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Bearish Doji Star


This pattern signals a potential trend...

Reversal


How to identify...
  1. 1st day is a long white day.

  2. 2nd day is a doji day that gaps above the 1st day.

  3. The doji shadows shouldn't be excessively long.
Similar pattern(s)...

» Bullish Doji Star

» Bearish Evening Doji Star

Psychology...

The uptrend is in full force with a strong 1st day. All confidence built up by the bulls from the 1st day is destroyed when the 2nd day's gap up closes near its open. Profit takers will quickly appear if the next day opens lower.



Recent Scan Results...
DailyWeekly
Last Day: 166 Last Week: 91
Last 10 Days: 468 Last 10 Weeks: 566




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