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Evening Doji Star

 

Description

 

This reversal pattern is considered highly reliable.

 

In an uptrend, three candlesticks form. The first day is a long white candlestick. The second day is a doji star (higher gap in the same direction up). The third day is a long black candlestick with a closing price within the first day’s white body. This is considered a “top” pattern.

 

The doji is the signal that bullish sentiment is weakening. The third day’s black candlestick confirms this.

 

Market Opinion

Bullish.

Pattern

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Evening Doji Star_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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