Tri-Star Pattern: A Rare Reversal Signal

What is the Tri-Star Pattern?

The Tri-Star is a rare three-candle reversal pattern consisting of three consecutive Doji candles, signalling extreme market indecision and a potential trend reversal

First Doji – Trend Exhaustion Begins

The first Doji appears after a strong trend, indicating that momentum is starting to slow down

Second Doji – Market Uncertainty
 

A second Doji forms, often with a gap from the first, reflecting increased indecision and lack of clear direction

Third Doji – Reversal Setup

The third Doji signals that the market is highly uncertain, and a strong move in either direction may follow, often leading to a reversal

Confirmation & Volume

Traders wait for a strong directional candle after the pattern. Increased volume during the breakout strengthens the reversal signal

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