Characteristics:

– Downward trend.
– Black candlesticks is a continuation of the downward trend from the day before.
– Second candlestick will form a doji.
– Third candlestick confirms bullish trend. White candlestick should be half the black candlestick.

Notes:

– The longer the black and white candlesticks the greater the indecision.
– The longer the shadows of the doji star, the more chance for reversal.
– Gaps before and after the doji star increase the chances of reversal.