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Morning Doji Star

 

A morning Doji Star is likely the same with the Bullish Shooting Star. It is a reversal indicator that usually happens in a downtrend period. For Morning Doji Star, it has a long red body, a Doji (the opening price and the closing price are the same) which is below the red body, and finally a long green body. The Doji works as a trend reversal point. When the closing price of the long green candlestick body is higher than the idpoint of long red candlestick body, it is a confirmation that the market is now in an upwards trend, which is a bullish market. All those candlesticks are separated from each other according to the trading periods.

 

 

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