CANDLESTICK PATTERNS
by
Karan Banik
May 10, 2020
145 CANDLESTICK PATTERNS || page 2 || (3) Doji Star (Upward Continuation) ; (4) Doji Star (Downward Continuation)
(3) DOJI STAR (Upward Continuation):
Usually when a Doji Star is seen in an uptrend market and there is no strong Bearish Candlestick after Doji, it does not provide Downtrend Reversal signal of Doji Market, but rather provides Upward Continuation signal of the market .
Below is an example. Note that this rule also applies to Spinning Top (Upward Continuation).
Usually when a Doji Star is seen in an uptrend market and there is no strong Bearish Candlestick after Doji, it does not provide Downtrend Reversal signal of Doji Market, but rather provides Upward Continuation signal of the market .
Below is an example. Note that this rule also applies to Spinning Top (Upward Continuation).
(4) DOJI STAR (Downward Continuation):
Usually when a Doji Star is seen in a Downtrend Market and there is no strong Bullish Candlestick after Doji, it does not provide Uptrend Reversal Signal of Doji Market, but provides Downward Continuation Signal of the Market.
Below is an example. Note that this rule also applies to Spinning Top (Downward Continuation).
 Doji Star (Upward Continuation) ; (4) Doji Star (Downward Continuation)){kind=link}
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