Star in Candlestick Pattern

Star the star,especially doji star, is a warning that the prior trend may be ensing. The star's small real body represent a statmate in the tug betwen the bulls and bears. the star is part of four reversal pattern including :



1. The Evening Star The evening star is the bearish counterpart of the morning star pattern. It is aptly name because he evening star ( the planet Venus ) appears just before darkness sets in. Since the evening star is a top reversal it should be acted on if it arises after an uptrend.



2. The Morning Star the morning star is a bottom reversal pattern. Its name derived because, like morning star ( the planet Mercury) that foretells the sunrise.




3. The Doji Star
Doji -- a session in which th eopen and closed are the same ( or almost the same ). There are different varienties of doji lines ( such as a gravestone or long-legged doji) depending on where the opening and closing are in realtion to the entire range. Doji lines are among the most important individual candlestick lines.
When a doji gap above a real body in a rising market, or gap under a real body in a falling market, that doji is called a doji star.
Doji stars are a potent warning that the perior trend is apt to change. The session after the doji should confirm the trend reversal.



4. The Shooting sSar A shooting star is a two-line pattern that sends a warning of an impending top. Its looks like its name , a shooting star. It is usually not a major reversal signal as is the evening star. The shooting star has a small real body at the lower end of its range with a long upper shadow. As with all stars, the color of the real body isn't important. A shooting star shaped candlestick after a downtrend could be a bullish signal.
Such a line is ccalled an Inverted Hammer. In any of these star pattern the real body of the star can be white or black.