Tri Star Bearish

 

Pattern: Reversal Trend: Bearish Reliability: Moderate

 

How to Identify it

• A doji occurs on three consecutive trading days
• The second doji gaps above the first and third

What it Means

In an long uptrend, the market shows signs of weakness as the real bodies have grown progressively smaller. The trend culminates with the Tri Star, identifying that there is little strength left, and signaling a return of the bears.