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Bearish Evening Doji Star Candlestick Pattern
This pattern signals a potential trend |
Reversal
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How to identify |
- 1st day is a long white day.
- 2nd day is a doji which gaps above the 1st day's close.
- 3rd day is a red day.
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Similar pattern(s) |
» Bearish Doji Star
» Bearish Evening Star
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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 pattern has a much better chance to succeed for the trader.
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