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Nikita (SEBI RA)

12th Sep · SEBI-Registered Analyst

Tri-Star Pattern – Rare Doji Reversal

📊 The Tri-Star is a rare candlestick pattern made of three consecutive Dojis. ✅ Formation: Appears after a strong uptrend or downtrend. 3 Dojis in a row → extreme indecision in market. ✅ Meaning: Momentum exhausted, reversal highly possible. 📌 Example: Stock rallies from ₹400 → ₹460, then 3 Dojis form back-to-back near ₹458 → Tri-Star → signals bearish reversal risk.

GODREJCP
🧠 Rule: Rare but strong when confirmed by next candle.

#WatchOutFor
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