Doji Star


In previous articles we have discussed the various types of doji candlestick pattern begins with four price doji, long legged doji, dragonfly doji and gravestone doji. Now we are back to discuss doji pattern called doji star, in an earlier article we identify a doji formation using only one candlestick, then the identification doji star formation we need two candlesticks, one doji candlestick before the emergence of patterns and doji itself.
Ideally, we use four price doji for identifying doji star formation, but this is not an absolute, because gravestone, dragonfly or long legged doji can also be used in the identification of this formation.
There are two types of formations known doji star candlestick analysis, the morning doji star and the evening doji star. Morning doji star is a doji star formation which indicates the possibility of a bullish trend (uptrend) while evening doji star is a doji star formation which indicates the possibility of a bearish trend (downtrend).

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