Morning Doji Star

The Morning Doji Star is a bullish reversal pattern, very similar to Morning Star. The only difference is that Morning Doji Star must have a Doji candlestick on the second line. The Doji candlestick (second line) must not be preceded or followed by a price gap.

If a lower shadow of a Doji candlestick is placed below the first and second candlestick, we would be dealing with the Bullish Abandoned Baby pattern.

The first two candles can form the Bullish Doji Star pattern.

The pattern, like any other candlestick pattern, should be confirmed on subsequent candles by breaking the resistance zone or a trend line. If the event is confirmed, then its third line could act as a support area. It also happens, however, that the pattern is simply a brief pause before a further decline in prices.