The bullish morning doji star (ake no myojyo doji bike) candlestick pattern (view full size chart) is one of the triple candlestick patterns (i.e. it consists of three individual candlesticks), and it is a bullish pattern.
The bullish morning doji star candlestick consists of a downward candlestick (e.g. a red candlestick), followed by a smaller doji candlestick (e.g. a candlestick that opens and closes at the same price) that opens (and obviously closes) below the low of the previous candlestick (i.e. a gap down), followed by an upward candlestick (e.g. a green candlestick) that opens above the high of the previous candlestick (i.e. a gap up), and closes above the close, and below the open, of the first candlestick (i.e. in the middle of the first candlestick).
Use In Trading
The bullish morning doji star pattern can occur in a number of different contexts (e.g. at the beginning of a trend, during a trend, at the end of a trend, etc.), but it is most relevant when it occurs during a significant downward trend. The bullish morning doji star pattern is a bullish pattern, and can be used as an indication of the end of a downward trend. The bullish morning doji star pattern is somewhat similar to some of the other three candlestick patterns, but once the differentiating aspects are understood, the pattern is relatively easy to identify on a price chart.