Definitions

Morning Star

Posted By: TradersLog

The Morning Star is a three candle bullish reversal pattern that occurs during a downtrend. The first day of the Japanese Candlesticks pattern is part of the downtrend with a long black body. The following day gaps lower and has a small white body. The last day is a white candlestick that closes above the midpoint of the first candle body.

Morning Star Japanese Candlestick Chart Pattern

For a complete printable reference see also: Japanese Candlesticks PDF Ebook

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