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Tagged: morning and evening STAR
Morning Star :- Doji formation after the significant down trend
Evening Start :- Doji formation after the significant up trend.
Buy :- long – top of the doji.
Stoploss – bottom of the doji
Sell – 2 times the differnece between the buy & stop loss.
When Doji is appearing in the bullish trend, that is called Evening Star. we need to sell now
When Doji is appearing in the bearish trend, that is called Morningstar. we can buy now
Bullish and Bearish DOJI is called as morning and evening star by western.
Star indicates the reversal pattern.
morning star – appearance of doji after a price fall which is a bullish trend. volume should be high.
evening star – evening star is when after a bright day a star appers and then doji is seen which means negative things happen. buy after the price crosses the highest price of the previous day.
Doji or the Star is a reversal pattern after a bullish or a bearish trend and it is neutral. In doji the open the close price remains to be almost same. high volume should be encountered.
Morning star appears after dark night which is a sign of bullish and can be bought above the days high and stop loss below the days low.
Evening star appears after a bright day which is a sign of bearish <span style=”line-height: 1.5;”>and can be sold below the days low and stop loss above the days high.</span>
morning star – appearance of doji after a price fall which is a bullish trend. volume should be high. morning star appears after a dark night but gives a bright day. buy after the price crosses the highest price of the previous day. target is a+ 2 times of risk.
evening star – evening star is when after a bright day a star appers and then doji is seen which means negative things happen. buy after the price crosses the highest price of the previous day. target is a+ 2 times of risk
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