The Ultimate Guide to Tri-Star Top Candlestick Patterns

Last updated: February 7, 2024

Tri-Star Top Pattern

The tri-star top candlestick pattern occurs with a series of three doji candles occurring at price highs:

Chart

General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes tri-star top patterns with the following characteristics:

Typical characteristics

• Three doji candles occurring in series at price highs
• The middle doji occuring at higher prices than the other candles

Examples of use as a trading indicator

• This pattern indicates the potential for a reversal from price highs

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!