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Tri Star Bearish
Trend: Bearish
Reliability: Moderate
How to Identify it
- A doji occurs on three consecutive trading days
- The second doji gaps above the first and third
What it Means
In an long uptrend, the market shows signs of weakness as the real bodies have grown progressively smaller. The trend culminates with the Tri Star, identifying that there is little strength left, and signaling a return of the bears.
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