Morning Doji star is a bullish trend reversal pattern.  The trend is going to change from bearish to bullish.  In morning doji star candle pattern formation the first day is a red candle body, the second day should open with down side gap and must end as a doji day,  the third day should be a green body open with upside gap and ends as a gap day .   In this ACC chart the trend is bearish and a red candle appeared. After that a doji formed.  After that a green candle formed with a gap.  So it is confirmed as a doji  morning star.  The target achieved with in three days.

1 Comment
  1. vignesh 6 years ago

    Hi sir,
    There should be bearish rally prior to the Morning star with high volume, then the trend reversal is confirmed.

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