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Nikita (SEBI RA)

13th Oct · SEBI-Registered Analyst

Tristar Doji – Rare Reversal Pattern ⭐⭐⭐

📊 The Tristar Doji is a rare 3-doji candlestick formation that signals a potential major reversal. ✅ Formation (3 candles): 1️⃣ Doji appears in a trending market. 2️⃣ Second Doji gaps away from the first. 3️⃣ Third Doji gaps in opposite direction. ✅ Meaning: Extreme indecision after a strong move → likely reversal. 📌 Example: After a rally ₹620 → ₹660, 3 dojis form with small gaps → Tristar Doji → trend reversal possible. 🧠 Rule: Extremely rare, must always be confirmed by next strong candle.

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