Morning Doji Star: The Ultimate Guide



Morning Doji Star consists of three candlestick patterns: a bearish candlestick, Doji candle, and a bullish one.

This indicates that buyers have taken control of the market. To become a price action trader, it is crucial to understand the logic behind each candlestick. Trading technical analysis is best done by learning to read the market.


How do you identify the morning Doji star

A combination of a Doji candlestick and a large bearish candlestick creates a morning Doji star. To find the perfect candlestick pattern on the chart, there are some criteria that you must follow.
Follow these steps

  • The body to wick ratio for a bearish candlestick should not be less than 70%. This indicates a large body candlestick. It is directly related to market momentum.
  • The opening and closing prices of Doji candlesticks should be the same. This candlestick should be the same size as the other candlesticks.
  • Bullish candlesticks should have at least a 70% body-to wick ratio.


In the morning doji-star pattern, it is important to know what the closing price of a bullish candlestick is. There are two other methods. Both are excellent and the winning ratio depends on where the price chart is located.

  • Method 1 A bullish candlestick should close at 50% above the level of a bearish candlestick. This is a high level, and closing above it means that the price has broken through strong resistance and is now ready to move higher.
  • Method2 A bullish candlestick should close at the top of a bearish candlestick. This signal is strong and indicates large momentum for buyers who control the market.

Morning Doji star: Information Table

Features Explanation
Number of Candlesticks 3
Prediction Bullish trend reversal
Prior Trend Bearish trend
Counter Pattern Evening Doji Star

Morning Doji star psychology

Morning Doji stars indicate that buyers are ready to transform the bearish trend into an upward trend.

A bearish candlestick is a sign of a downtrend that has a lot of sellers. The market is controlled by sellers. The formation of a Doji candlestick signifies that buyers and sellers are in balance.

Doji candlesticks were controlled by sellers before buyers entered and balanced the market’s momentum.

A big bullish candlestick is the next candlestick after Doji candlestick. It represents the strong momentum of buyers entering the market and absorbing sellers. The market is now controlled by buyers.

This is a slow change in market momentum, from selling to buying. Before you can trade price action, it is important to understand the logic behind each candlestick.


High Probability Morning Doji star patterns

If it forms on a strong support level, or in a strong demand zone, a morning doji star candlestick pattern is considered high probability.

Trades are all about finding confluences that increase your chances of winning. The price can jump from a support or demand zone.

The chances of a trend change from bearish to bullish increasing if a bullish candlestick pattern, such as a morning Doji Star, forms at the key area.
For a better understanding, see the image.


A candlestick pattern alone cannot be used to trade without the help of other chart patterns. While a candlestick may give a reversal signal, it cannot tell a retail trader what the take-profit level is in technical analysis.


We will be discussing a morning Doji Star trading strategy using the confluences of moving averages.
Strategy to include confluences

Confluences to be added in strategy

  • 21 and 35-period exponential moving averages
  • Higher timeframe trend
  • Fibonacci tool

Trading strategy

Here’s the complete guide to trading strategies in 3 steps

  • Zoom out on the price chart to identify higher-frequency trends and label higher highs or lows.
  • The exponential moving averages should be used to determine if price retraces. The span between 21-35 periods of EMAs should be minimal.
  • On the EMAs, look for a morning dojistar candlestick pattern. The price should reject the moving average lines. Price rejection means that the moving average lines are strong enough to hold the price upward.

Pro Tip: Use the highs and lows of daily candlesticks to check the higher timeframe trend. (for beginners)

Make a buy order

Place a buy order above the top of the bullish candlestick. The formation of false candlestick patterns has been made easier by a waiting order.

Stop-loss level

Stop loss should be adjusted a few pips lower than the Doji low.

Take-profit level

This extension tool uses Fibonacci to determine target levels for this trading strategy. Place your take-profit 1 at any price above the swing high.

Here, the origin/start of the retracement will also be a swing high.

Draw the Fibonacci tool now highlight the 1.272 Fibonacci Extension Level. Place take-profit 2 at the 1.272 extension level.

Risk management

The minimum risk/reward is 1:2. You should only take 2% per trade on your account balance.



This pattern can be traded with the confluences of technical price patterns. If you plan to trade the doji star pattern by itself, you might not be a successful trader.

You should make it a habit to read the price before you analyze it and backtest your strategy at least 100 more times to get it right.


Which time frame is best to trade the morning Doji Star pattern?

The best timeframes are 1H, 4H and Daily.

What’s the difference between Morning Doji Star pattern and Morning Star?

The first candlestick pattern has a Doji candlestick, while the morning star pattern has a spinning bottom candlestick.

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