Tri-star Candlestick Pattern: Complete Guide

Candlestick patterns

Tri-Star candlestick pattern
  • The tri-star candlestick pattern is a 3-bar trend reversal pattern.
  • There must be a clear and defined trend in the market. 
  • Three consecutive Doji candles must appear. 
  • The second Doji candle must create a gap below the first and third Doji candles creating a shape that resembles the letter “V” (or the opposite for the bearish variation).

Statistics to prove if the Tri-star pattern really works

Are the odds of the Tri Star pattern in your favor?


How does the Tri Star behave with a 2:1 target R/R ratio?

Success rate

From our research the Tri Star pattern confirms 83.2% of the time on average overall all the 4120 markets we analysed. Historically, this patterns confirmed within 1 candles or got invalidated within 4.7 candles. If confirmed, it reached the 2:1 R/R target 34.4% of the time and it retested it's entry price level 98% of the time.
Not accounting for fees, it has an expected outcome of 0.032 $/$. It means for every $100 you risk on a trade with the Tri Star pattern you make $3.2 on average.
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How to handle risk with the Tri Star pattern?


We analysed 4120 markets for the last 59 years and we found 28 504 occurrences of the Tri Star pattern.
On average markets printed 1 Tri Star pattern every 547 candles.

For 2:1 R/R trades, the longest winning streak observed was 9 and the longest losing streak was 36. A trading strategy relying solely on this pattern is not advised. Anyway, make sure to use proper risk management.

Stack the odds in my favor NOW!

Keep in mind all these informations are for educational purposes only and are NOT financial advice.

The tri-star candlestick pattern is a three-bar trend reversal pattern. The tri-star pattern appears at the end of a very prolonged trend and is marked by three consecutive Doji candles. It is a very rare pattern to identify for successful trading especially when it appears near a support or resistance level. A horizontal price level or a key moving average may convey about the possible support or resistance level. 

There are two variants of the tri-star pattern, bullish tri-star and bearish tri-star.

Bullish tri-star candlestick pattern

The bullish tri-star candlestick pattern appears during a downtrend in the market and it predicts the upcoming reversal of the current downtrend in the market.

Bullish Tri-Star

How to identify the bullish tri-star candlestick?

The bullish tri-star candlestick pattern consists of three Doji candlesticks. The Doji is a very simple candle that resembles a plus sign or a cross without a real body. The appearance of a single Doji candle is very infrequent and it indicates indecisiveness in the market. 

A pattern needs to meet the following conditions to be a bullish tri-star pattern. 

  • There must be a clear and defined downtrend in the market. 
  • Three consecutive Doji candles must appear. 
  • The second Doji candle must create a gap below the first and third Doji candles creating a shape that resembles the letter “V.”

What does the bullish pattern tell traders?

The bullish tri-star pattern predicts that the current downtrend will change soon into a bullish trend. The appearance of the first Doji during a strong downtrend indicates the indecisiveness of the market participants. That means that the power of bears is deteriorating. The appearance of the second Doji shows that bears have totally lost the downward momentum. Finally, the appearance of the last Doji blows the whistle to inform that the trend reversal is imminent because of the extreme indecisiveness of the bears.

The bearish tri-star candlestick pattern

The bearish tri-star candlestick pattern is a bearish reversal pattern that predicts the upcoming reversal of the current uptrend in the market. It is a rare pattern that traders should not ignore. 

Bearish Tri-Star

How to identify the bearish tri-star candlestick?

The bearish tri-star candlestick pattern consists of three Doji candles. It has the following characteristics that can help to identify the pattern. 

  • There must be an uptrend in the market for the bearish tri-star to appear. 
  • Three consecutive Doji candles must appear. 
  • The second Doji candle must create a gap above the first and the second candle. 

What does the bearish pattern tell traders?

The bearish tri-star candlestick pattern predicts that the bearish reversal of the current uptrend in the market is imminent. The appearance of the first Doji indicates the indecisiveness of the bulls in the market. Its appearance is a concern for the bulls. The formation of the second Doji further confirms the situation that bulls are losing momentum. Finally, the third Doji appears to illustrate that the uptrend will reverse because of the extreme indecisiveness of the bulls in the market. 

How does the Tri-Star pattern look in real life?

The currency pair HKD=X printed a bearish Tri Star on 2019-03-07 21:00:00. It confirmed on 2019-03-08 16:00:00 (meaning price closed below entry level). It retested the trade entry level on 2019-03-08 17:00:00. Then it failed to reach the 2:1 R/R target and got stopped on 2019-03-14 19:00:00.
The currency pair JPY=X printed a bearish Tri Star on 2012-06-22. It confirmed on 2012-07-16 (meaning price closed below entry level). It retested the trade entry level on 2012-08-16. Then it failed to reach the 2:1 R/R target and got stopped on 2012-11-02.
The currency pair KRW=X printed a bearish Tri Star on 2014-04-07. It confirmed on 2014-04-29 (meaning price closed below entry level). It retested the trade entry level on 2014-04-30. Then it failed to reach the 2:1 R/R target and got stopped on 2014-09-29.
The cryptocurrency pair SC/BTC printed a bearish Tri Star on 2018-09-10 13:00:00. It confirmed on 2018-09-11 14:00:00 (meaning price closed below entry level). It retested the trade entry level on 2018-09-11 15:00:00. Then it successfully reached the 2:1 R/R target.
The cryptocurrency pair TROY/BTC printed a bearish Tri Star on 2020-06-24 05:00:00. It confirmed on 2020-06-25 03:00:00 (meaning price closed below entry level). It retested the trade entry level on 2020-06-25 04:00:00. Then it successfully reached the 2:1 R/R target.
The currency pair EURGBP=X printed a bearish Tri Star on 2013-02-22. It confirmed on 2013-03-18 (meaning price closed below entry level). It retested the trade entry level on 2013-03-19. Then it successfully reached the 2:1 R/R target.
The currency pair HKD=X printed a bearish Tri Star on 2012-08-20. It confirmed on 2012-09-10 (meaning price closed below entry level). It retested the trade entry level on 2012-10-03. Then it successfully reached the 2:1 R/R target.
The currency pair JPY=X printed a bearish Tri Star on 2010-08-04. It confirmed on 2010-08-25 (meaning price closed below entry level). It retested the trade entry level on 2010-08-27. Then it successfully reached the 2:1 R/R target.
The stock MHK printed a bearish Tri Star on 2018-08-21 16:30:00. It confirmed on 2018-08-22 13:30:00 (meaning price closed below entry level). It retested the trade entry level on 2018-08-22 14:30:00. Then it successfully reached the 2:1 R/R target.
The currency pair KRW=X printed a bullish Tri Star on 2011-01-20. It confirmed on 2011-02-11 (meaning price closed above entry level). It retested the trade entry level on 2011-02-14. Then it failed to reach the 2:1 R/R target and got stopped on 2011-03-31.
The currency pair KRW=X printed a bearish Tri Star on 2011-11-25. Unfortunately it invalidated on 2011-12-19 before the trade could trigger (it triggered the stop before entering).
The stock MHK printed a bearish Tri Star on 2018-08-20 15:30:00. Unfortunately it invalidated on 2018-08-21 13:30:00 before the trade could trigger (it triggered the stop before entering).
The cryptocurrency pair QKC/BTC printed a bullish Tri Star on 2019-07-18 22:00:00. Unfortunately it invalidated on 2019-07-19 20:00:00 before the trade could trigger (it triggered the stop before entering).

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