Morning Doji Star
A long black body forms in a downtrend, followed by a Doji Star – Confirmation of the Morning Star pattern on the third day indicates a complete change in trend
Evening Doji Star
An Evening Doji Star appears in an uptrend, followed by a long black body in which the price closes in the white body of the previous day, confirming an upward change in trend – The body of the Evening Star is smaller, unlike the Evening Doji Star which has a Doji instead of a star, which gives it more significance
How to identify the pattern?
The color of the first day’s body confirms the current trend
The second day will see a Doji Star
The color of the third day’s body should be different from the color of the first day’s body
The psychology of the morning doji star and evening doji star is similar to the morning star and evening star – the main difference is that the Doji star is more important or obvious in indicating a change in trend than the general star pattern
Flexibility of the pattern
The flexibility of the pattern depends on how far the third day’s body has penetrated the first day’s body – if it is more than 50%, the pattern is considered successful
Morning doji star becoming a Hummer or Dragonfly doji
Evening doji star becoming a Falling Star and in some cases Gravestone doji
The closer this shape / radius is to the Doji style, the more It is more likely that the third day will close in the body of the first day
You should not ignore the fact that the pattern star in the Doji Star
