Morning Doji Star
A three day bullish reversal pattern that is very similar to the Morning Star. The first day is in a DownTrend with a long black body. The next day opens lower with a Doji that has a small trading range. The last day closes above the midpoint of the first day.
Morning Doji Star is more significant than the Morning Star pattern.
Recognition Criteria:
· DownTrend
· First line is Long Black
· Second line is Doji
· Third line is White
· Second line’s high price is lower than the first line’s closing price
· Third line’s closing price is lower than the first line’s opening price.
· Third line’s closing price is equal or higher than the first line’s half body.
Function: MorningDojiStar()
Trend: Bullish
Type: Reversal