Shooting Doji Star

When a Doji occurs after a long candlestick body, but the Doji is not within the range of the long candlestick body, which is called a Shooting Doji Star. A Doji Shooting Star is a trend reversal indicator. It may happen in either a bullish market or a bearish market depending on whether the previous candlestick body is green or red followed by a Doji. During a downtrend period, a Doji (the opening price and the closing price are the same) occurs below and after a long red body, it indicates that the bullish market is now begins, and it is called as a Bullish Shooting Doji Star. While for a uptrend period, a Doji occurs above and after a long green body, it shows that the bearish market is now begins, and it is named as a Bearish Shooting Doji Star.