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Tri Star Candlestick Pattern

The Tri-Star Candlestick Pattern consists of three consecutive Doji candles. The pattern is relatively rare to find and a three-day period illustrates indecision over a period of days.

Tri-Star candlestick Pattern

A Doji candle occurs when the opening and closing prices of an asset are virtually the same, resulting in a very small or non-existent real body.

Tri-Star Candlestick Pattern example

Here are charts with this pattern in the Stock market. Therefore this three-doji pattern is considered a neutral pattern rather than a bullish or bearish pattern.

NTPC

MRF

Note: You should wait for confirmation of a breakout in either direction before making a trading decision.

Disclaimer: All comapny chart are used only for learing purpose. There is no buy and sell recommandtion. All Technical analyst are learing purpose only.

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