Collapsing doji star

Definition

This candlestick represents extreme bullishness and it is characterized with a long white body that has a lower shadow but no upper shadow.

Recognition Criteria

1. The body of the candlestick is white and long.
2. There is no upper shadow.

Candlestick Requirements and Flexibility

The white body of the candlestick should be longer relative to the other candlesticks on the chart. It has a shadow on the opening side but no shadow on the closing side.

Trader