Evening Doji Star
A three-candle top pattern: a strong up candle, then a doji, then a strong down candle.
In plain English
A three-candle top pattern: a strong up candle, then a doji, then a strong down candle.
The evening doji star is a version of the evening star where the middle candle is a doji. The doji shows total indecision right after a strong rally.
When a strong down candle follows, it suggests the rally has run out of buyers. Many traders see the doji version as a slightly stronger warning than the regular evening star.
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