Technical Definition
A three-candle bullish reversal pattern where a Doji is gapped below the previous candle and followed by a gapped-up bullish candle, signaling complete seller exhaustion and a sharp sentiment shift.
Sellers push prices down aggressively, the market completely stalls (Doji), and buyers take control without overlap.
Sellers lose momentum completely.
Market Psychology
Context
Market in a strong downtrend Fear and pessimism dominate Sellers are aggressive
Aggression
Sellers push prices sharply lower Downtrend looks unstoppable
Equilibrium
Selling pressure disappears Volatlity collapses No side is willing to commit
Shift
Buyers step in aggressively Sellers are caught off-guard Sentiment shifts sharply bullish
Pattern Anatomy
First Candle (Bearish)
Strong bearish real body, confirms intense selling pressure.
Second Candle (Doji – Abandoned)
Gaps down, represents total indecision, isolated from surrounding candles.
Third Candle (Bullish)
Gaps up from Doji, strong bullish body, confirms reversal.
Pattern Rules
Appears after a clear downtrend
Reversal context.
First candle is bearish
Trend connection.
Second candle is a Doji
Indecision.
Gap down between 1st and 2nd candle
Separation.
Gap up between 2nd and 3rd candle
Reversal gap.
Doji has no overlap with surrounding candles
Isolation.
Third candle is strongly bullish
Confirmation.
Signal Confirmation
- Bullish follow-through after the third candle
- Price holding above the bullish candle’s midpoint
- Confluence with support zones
- Oversold conditions