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Tagged: morning and evening STAR
If a DOJI pattern occurs after a recent down trend then it is termed as morning star.
If a DOJI pattern occurs after a recent uptrend then it is called a evening star.
Buy above the present days highest point.
Sell at approx. 1.5 to 2 time the amount of risk taken.
When a star shaped DOJI appears after a bearish trend, then it is called a morning star indicating a trend reversal.
When a star shaped Doji appears after a bullish trend, then it is called a evening star indicating a trend reversal.
Doji appearing after the bearish trend is a morning star.
Doji appearing after the bullish trend is a evening star.
Buy when the price fall with high volume
Sell when the price rise with high volume
DOJI -NEUTRAL
Morning star-A dogi which occurs after a bearish trend is know as morning star,suitable for buying when the volume is high
Evening star-A dogi which appears after a bullish trend is known as evening star,suitable for selling if the volume if high
morning star – doji followed by bearish candlestick and indicate bullesh trend. buy above high price of doji
evaning star – doji folloand by bullish candlest and indicate bearish trentd.short below low price og doji
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