Morning Doji Star Technical Analysis Patterns
The Morning Doji Star pattern is a bullish reversal pattern.
It is identified when a long bearish candle is following by a doji which gaps below the close of the previous candle, followed by bullish candle.
If the penetration of the 3rd candle is over 50%, this pattern has much higher success rate.
It is identified when a long bearish candle is following by a doji which gaps below the close of the previous candle, followed by bullish candle.
If the penetration of the 3rd candle is over 50%, this pattern has much higher success rate.
