Bullish Tri-Star
Discussion
The bullish tri-star candlestick acts as a bullish reversal in theory and also in reality, but only 60% of the time. That is close to random, 50%.
Bullish Tri-Star
The Tri-Star is a three candle reversal pattern, consisting of three consecutive Dojis. The bullish Tri-Star formation occurs after a downtrend. The second Doji candlestick gaps below the first and third.
Bullish Tri-Star
Psychology...
The 2nd day gaps lower, but trades in a small range. The bullishness of this indecision is confirmed by the higher close of the 3rd day. Look for higher prices.
 See also: Star, Chart, Bullish, Close, Tri-star
  
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