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:
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!