Morning Doji-star Candlestick Pattern

Assalamu Alaikum Dosto!

Morning Doji-star Candlestick Pattern

Morning doji-star candlestick pattern prices chart par sellers ki market main dilchaspi khatam hone aur market ka buyers k hathon main jane ka aik strong bullish trend reversal pattern hai, jo teen candles par mushtamil hota hai. Ye pattern prices k bottom par ya low prices area main banta hai. Ye pattern teen candles ka hone ki waja se single candle pattern ya double candles patterns ki nisbat ziada picheeda aur dilshasp hota hai. Ye pattern wese single day candle aur two days candlestick ki nisbat price chart pat bohut kam dekhte hen, lekin un ki nisbat ye karkardagi main ziada reliable hote hen.

Candles Formation

Morning doji-star candlestick pattern ka shumar bhi bullish trend reversal pattern main hota hai, jo k prices k bottom ya bearish trend k baad banta hai. Morning doji-star candlestick pattern main candles ki formation darjazzel tarah se hoti hai;



1. First Candle: Morning doji-star candlestick pattern ki pehli candle aik long real body wali bearish candle hoti hai, jo k prices k sabeqa bearish trend ki alamat hoti hai. Ye candle color main black ya red hoti hai, jiss real body shadow ki nisbat ziada hota hai.

2. Second Candle: Morning doji-star candlestick pattern ki dosri candle aik bagher wali doji candle hoti hai, jo ziada tar doji-star candle hoti hai. Ye candle small upper aur lower shadow k sath hoti hai, aur ye candle pehli bearish candle k bottom par banti hai, jiss ka open aur close same point par hota hai.

3. Third Candle: Morning doji-star candlestick pattern ki teesri candle aik bullish candle banti hai, jo k sabeqa bearish trend ka khatema karke new bullish trend reversal ka sabab banti hai. Ye candle strong bullish candle hoti hai, jiss ka upper ya lower side par small wick ho sakti hai, lekin ye doji candle se above side par gap main banna chaheye.

Explanation

Morning doji-star candlestick pattern price chart k bottom par ya bearish trend k baad banta hai, jo k teen candles par mushtamil hota hai. Pattern ki pehli candle aik bearish candle hoti hai, jo k prices k bearish ya bottom trend ki alamat hoti hai. Ye candle aik strong position par hoti hai, jo prices ko downward push karti hai. Pattern ki dosri candle aik bagher real body wali doji candle hoti hai, jo k ziada tar aik doji-star candle hoti hai. Ye candle pehli candle k bottom par banti hai, aur ye candle wese to yahan par neutral role play karti hai, lekin iss ka shumar aik bullish candle k tawar kia jata hai. Pattern ki akhari candle aik bullish candle hoti hai, jo k dosri candle k top par banti hai. Ye candle bullish trend reversal ka kirdar ada karti hai.

Trading

Morning doji-star candlestick pattern prices k bottom par banne ki waja se bullish trend reversal k leye aik strong signal deta hai, jiss par traders market main buy ki entry kar sakte hen. Pattern par trading karne se pehle traders k leye aik confirmation candle ki zarorat pare gi. Ye confirmation candle real body main bullish bhi honi chaheye aur teesri bullish candle k top par close bhi honi chaheye. Pattern k baad bearish candle banne se pattern par trading loss ka bahis ban sakti hai. Jab k pattern ki confirmation CCI, RSI, MACD indicator aur stochastic oscillator se bhi ki ja sakti hai, jiss par value oversold zone main honi chaheye. Stop Loss pattern k sab se bottom par ya dosri candle k low price se two pips below set karen.

Re: Morning Doji-star Candlestick Pattern

Morning Doji Star

• Home
• Candlestick Patterns
• Morning Doji Star

See our Patterns Dictionary for other patterns.
Check our CandleScanner software and start trading candlestick patterns!

Figure 1. Morning Doji Star pattern.

Japanese name: ake no myojyo doji bikeForecast: bullish reversal
Trend prior to the pattern: downtrend
Opposite pattern: Evening Doji Star

Construction:

• First candle
  • a candle in a downtrend
  • black body
  
  
• Second candle
  • a doji candle
  • a doji body below the previous candle body
  • the high price above the previous candle low price
  
  
• Third candle
  • white body
  • candle body above the previous candle body
  • the closing price above the midpoint of the first candle body

The Morning Doji Star is a bullish reversal pattern, being very similar to the Morning Star. The only difference is that the Morning Doji Star needs to have a doji candle (except the Four-Price Doji) on the second line. The doji candle (second line) should not be preceded by or followed by a price gap.
If a lower shadow of a doji candle would be placed below the first and the second line shadow we would deal with the Bullish Abandoned Baby pattern.
It happens that two first candles are forming the Bullish Doji Star pattern.
The pattern, as every other candlestick pattern, should be confirmed on the next candles by breaking out of the resistance zone or a trendline. If the occurrence is confirmed, then its third line may act as a support area. It also happens, however, that the pattern is merely a short pause prior further price decrease.

Figure 2. It so happens, that a cumulation of candlestick patterns predicting the same direction does not necessarily makes the signal stronger. The market context in which a pattern appears plays the most important factor.
On the chart we can see a Morning Doji Star pattern, which is formed within a support zone created by a Long White Candle almost 4 months earlier. There is a resistance zone above the Morning Doji Star formed by a Long Black Candle, and this is at this moment the biggest threat for the bulls.
The Morning Doji Star is followed by a series of white candles, which eventually form a Three White Soldiers pattern. However, the market still is within the resistance zone made by the Long Black Candle. The bulls have the ball, and they are pushing price higher forming a Rising Window pattern. Moreover this move was performed at a very high trading volume, and the resistance zone is broken.
Then the bears are trying to gain control but without success.

Figure 3. Another example presenting that the market context is crucial while analysing a candlestick pattern appearance.
A Falling Window, which second line is formed by a Long Black Candle at a high trading volume acts as a very strong resistance area. In situations like this appearance of a bullish pattern should be considered with caution. Simply it very often happens that a bullish pattern stops the bears only for a while.
A Morning Doji Star stops price drop for a while, but eventually the bears quickly retake control of the stock.

Morning Doji Star statistics

Below you can find some Morning Doji Star pattern statistics calculated by CandleScanner software.

• S&P500 (20 years)
• S&P500 (5 years)

Pattern name: Morning Doji Star
Scanner settings: daily stocks
Group: S&P500
Number of symbols: 502
Date range: 7/1/1995 - 6/30/2015
Time interval: daily candles
Total number of candlesticks: 2,236,421
Number of occurrences (Morning Doji Star): 365
Number of occurrences (all candlestick patterns): 638,570
% of occurrences (Morning Doji Star): 0.06 %
Average frequency: 6,127.2

Efficiency statistics (5 candlesticks testing period)

Number of Occurrences	0	79	83	65	138
% of Occurrences	0.00 %	21.64 %	22.74 %	17.81 %	37.81 %

Efficiency statistics (10 candlesticks testing period)

Number of Occurrences	0	74	67	53	171
% of Occurrences	0.00 %	20.27 %	18.36 %	14.52 %	46.85 %

Re: Morning Doji-star Candlestick Pattern

forex trading main strong learning karna parta hain agar learning strong hoti hain tu Morning Doji Star main kaam karna parta hain jsine learning k sath kaam kia wahi kamyabi mil skti hain forex mainMorning Doji Star main kaam karna hain tu demo account main kaam kare demo account main kaaam kar kamyabi mil skti hain learning ko incresss kare demo account main work karne k liye hard work kare Morning Doji Star main rules ko follow karna parta hain agar rules ko breakl kia jata hain tu kamyabi mil skti hain forex trading main learning ko incress kare forex main best learning kare forex main Morning Doji Star main kaam karna hain tu candlestick ko achi tara samjhy qk jaab tak learning strong nhe hoti hain tu kamyabi b nhe hain learning ko incress kare


how to trade on Morning Doji Star pattren in forex makret:


forex trading main best learning karna must hota hain forex main pratice kare forex trading main regular learning karna must hota hain jisne learning k sath kaam kiya wahi kamyabi pata hain learning kare forex trading main best learning karna parta hain Morning Doji Star main work karna hain tu analysis kare candlestick ka wait karna parta hain qk jaaab tak learning strong nhe hoti hain tu benefit kabi b nhe mil skta hain benefit hasil karna hain tu forex main big loss ho skta hain is liye learning kare forex trading main best learning karna parta hain forex main strong learning karna must hota hain jisne elarning k sath kaam kiya wahi kamyabi pate hain forex main Morning Doji Star candle ka achi tara wait karna parta hain agar learning nhe tu kamyabi nhe

Re: Morning Doji-star Candlestick Pattern

har traders forex trading main best earning kar skte hain agar forex trading main best learning k sath sath forex main hard work k sath kaam hota hain tu achi earning ho skti hain forex trading main best learning karna must hain jisne learning k sath forex main kaam kiya wahi benefit hasil kar skte hain forex trading ka busniess ek kamyab busniess hain learning karna parta hain pratice karna parta hain demo account main regular hard work k sath kaam karna hota hain forex trading main best learning kare achi kamyabi kliye forex main demo account main pratice kare forex trading main kamyab hona hain tu pratice kare hard work kare achi kamyabi mil skti hain jaab tak learning strong nhe hain tu kabi b earning nhe hain