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White candle

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White candle

Definition

The pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare so when it occurs it should not be ignored.

Recognition Criteria

1. The market is characterized by a prevailing uptrend.
2. Three consecutive Doji are seen.
3. The second day gaps above the first and the third.

Pattern Requirements and Flexibility

The Bearish Three Star consists of three consecutive Doji in which the second Doji gaps above the two other Doji. It is sufficient that the gap is a body gap. There is no need for a gap between shadows.

Trader


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