- Bearish Doji Star Reversal Pattern
Bearish Doji Definition:
The Bearish Doji Star pattern is a three bar formation that develops after an up leg. The first bar has a long white body while the next bar then opens even higher and closes as a Doji with a small trading range. The final bar then closes below the midpoint of the first day. Practical Use: Technical analysts will watch for Bearish Doji Star candlestick patterns and often consider them selling signals when in context of another bearish chart pattern. In addition, analysts will use these for timing when to avoid buying an asset. |
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