When a downtrend market is in place, fol owing by a Doji Star. Like the regular Morning Star, the third day
will support the reversal of the trend. It is more significant than the regular Morning Star pattern.
Recognition Criteria:
The first day is a black day which indicates the trend of the market.
The second day must be a Doji day.
The third day is a white day and supports the reversal of the trend.
(Confirmation is suggested.)
Subscribe to:
Post Comments (Atom)
Comments (0)
Post a Comment