Template Tools
Three River Evening Doji Star PDF Print E-mail

Three River Evening Doji Star

Reliability Rating: High

This pattern start with a long white candle (part of a uptrend), it is followed by a gap up doji and finally on the third day a black candle is formed with a gap down.

The uptrend builds strength and gaps on the second day of this pattern. On the second day, there is a small trading range showing an erosion of the uptrend. Finally on the third day, it gaps down and forms a black candle. It is the third day that gives the confirmation that the trend has reversed.