Tri Star Bullish

 

Pattern: Reversal Trend: Bullish Reliability: Moderate

 

How to Identify it

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

What it Means

In an long downtrend, the market shows signs of a rally as the real bodies have grown progressively smaller. The trend culminates with the bullish Tri Star, identifying that many bearish positions may be reversing.