A doji that gaps away from the previous candle's body, forming the middle element of star patterns such as the morning and evening star.
A doji star is simply a doji whose body sits clear of the prior candle's body, usually after a strong directional bar. The gap, plus the total indecision, is what makes it notable.
On its own it warns that the prevailing move has run out of immediate fuel. It becomes a full pattern only when the following candle confirms, producing a morning-star or evening-star.
Because 24-hour markets rarely gap, doji stars are mostly a daily-chart, single-session phenomenon in equities. On intraday charts the equivalent read is a doji printing at the extreme of a fast move on shrinking volume, which carries the same message without the visual gap.
Original diagrams for the ideas on this page. Illustrative, not real market data.
The parts of a candlestick. One candle sums up a slice of time: the thick real body runs from the opening price to the closing price, and the thin wicks reach out to the highest and lowest prices traded. Colour tells you which way the body ran.
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