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