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Morning Doji Star




This bullish reversal pattern is considered highly reliable.


In a downtrend, a long black candlestick day is followed by a Doji star (indecision) that gaps in the direction of the trend. However, the third day is a white/empty candlestick day which closes up in the top half of the black candlestick day.


The bulls came in and after the stock hovered in a Doji star formation, a gap up above the midpoint of the black candlestick confirms the reversal.


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