Candlestick Patterns
Resources for Advanced Trading

Candlestick Doji Star Pattern
Potential Bullish Reversal - Potential Buy Signal

Candlestick Patterns

The Doji Star pattern (in the "Morning Position") is created when a doji, or small bodied candle, forms where the doji's body has gapped below the previous black candle's body after a down trend. This type of formation is a warning of a potential bullish reversal.

The Doji is a warning that support has been found (at the body of the doji) and the trend may reverse from this point. With confirmation, you'll most likely see a Three River Morning Star pattern.

Notice: Investors should continually watch for Dojis and the Umbrella group of candles. These candle types will typically precede a major market reversal. In fact, many investors have told me these types of candles are some of the most important candle types for investors to use.

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