Morning Doji Star Candlestick Formation

Description

The Morning Doji Star candlestick formation is composed of 3 candlesticks. The first candlestick is a long red candlestick in a downtrend. The second candlestick is a doji which gaps below the close of the previous bar, thereby forming an island. The 3rd candlestick is a large green candlestick which opens above the 2nd candlestick, and closes somewhere near the middle of the first candlestick. This is a bullish pattern and indicates a possible reversal in trend.

©2022 Investment Studios

Disclosure Agreement | Privacy Policy | Terms of Service

CAUTION: TRADING COMMODITIES, STOCKS AND/OR COMMODITY OR STOCK OPTIONS INVOLVES RISK. MONEY CAN BE LOST AND/OR MADE TRADING ANY SECURITY AND/OR OPTION. PAST PERFORMANCE OF A TRADING SYSTEM OR MARKET IS NOT NECESSARILY INDICATIVE OF THE FUTURE PERFORMANCE OF THAT SAME SYSTEM OR MARKET. MOCK TRADING AND ITS HYPOTHETICAL PERFORMANCE RESULTS ARE INHERENTLY LIMITED AND SHOULD ONLY BE USED AS A LEARNING TOOL AND NOT A MEASURE OF FUTURE PERFORMANCE. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT AND TEXTS. OUR COURSES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN.