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Bullish Doji Star



This pattern signals a potential trend

Reversal


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

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

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

» Bearish Doji Star

» Bullish Morning Doji Star

Psychology

The downtrend is in full force with a strong 1st day. All confidence built up by the bears from the 1st day is destroyed when the 2nd day's gap down closes near it's open. Short covering will quickly appear if the next day opens higher.



Recent Scan Results
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Last Day: 14 Last Week: 124
Last 10 Days: 461 Last 10 Weeks: 364




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