Candlestick Patterns

Bearish Doji Star

The Bearish Doji Star is a bearish reversal pattern represented by two candles. During an uptrend, the first candle is increasing and has a long body. It is followed by a Doji that opens and closes above the previous candle. Dojis are indecision patterns and represent how bulls and bears fight to determine the future direction of the price. This pattern represents how an uptrend fades out and leads to a bearish reversal. The Doji at the end of the uptrend reflects how the bears have suddenly appeared to stop the trend and, very likely, push the price down Since this pattern usually precedes to falls in the price, it will signal a sell every time that it appears in the chart.

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