Definitions

Bullish Tri-Star

Posted By: TradersLog

The Tri-Star is a three candle reversal pattern, consisting of three consecutive Dojis. The bullish Tri-Star formation occurs after a downtrend. The second Doji candlestick gaps below the first and third. The succession of Dojis reflect indecisiveness in the market.

Bullish Tri Star Japanese Candlestick Chart Pattern

For a complete printable reference see also: Japanese Candlesticks PDF Ebook

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Categories Definitions, Technical Analysis Definitions | Tags: Bullish Reversal Patterns, Japanese Candlesticks, Reversal Patterns, Technical Analysis

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