What is the morning doji star pattern?
The morning doji star is a bullish candlestick pattern. A morning star with a doji in the middle. It shows indecision at the low before buyers take over.
How does the morning doji star form?
A morning star whose middle bar is a doji: long red bar, then near-total indecision at the low, then a strong green bar.
How do you confirm a morning doji star?
The doji makes the middle stronger than an ordinary small body. It says the decline stopped dead rather than slowed.
When does the morning doji star fail?
Without a decisive third bar the doji is just a pause. Indecision resolves downward as easily as upward.
No chart pattern works every time. The examples on this page were chosen because they show the pattern clearly, and in real markets patterns fail often.
Practice on real charts
3 real examples of the morning doji star, cut off where the pattern completed. Make your call, then see what happened.
The shaded area is a morning doji star. Where did price go next?