The Evening Doji Star

The evening doji star shown in Figure 3.10 is the exact opposite of the morning doji star. This is the second-most-bearish top pattern next to the abandoned baby or island top formation.

FIGURE 3.10 Evening Doji Star

FIGURE 3.10 Evening Doji Star

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Gaps are not too prevalent in forex trading. Therefore, it is very rare to see a textbook morning or evening doji star formation. In candlestick terminology, a gap is called a "window." It is said, generally speaking, that if a gap forms or a window opens, the market will most times trade back to fill the gap or close the window. The trick is knowing when gaps are sometimes "filled" right away and when prices do not return to fill the gap or close the window for quite a while. Gap levels can and do act as support and resistance. So pay attention to the price behavior at these loctions.

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