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Visually Analyze Option Strategies
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Two Crows
Three Black Crows
Three Inside Up/Down
Three Line Strike
Three Outside Up/Down
Three Stars In The South
Three Advancing White Soldiers
Abandoned Baby
Advance Block
Belt Hold
Breakaway
Closing Marubozu
Concealing Baby Swallow
Counterattack
Dark Cloud Cover
Doji
Doji Star
Dragonfly Doji
Engulfing Pattern
Evening Doji Star
Evening Star
Up/Down-gap side-by-side white lines
Gravestone Doji
Hammer
Hanging Man
Harami
Harami Cross
High-Wave Candle
Hikkake
Modified Hikkake Pattern
Homing Pigeon
Identical Three Crows
In-Neck Pattern
Inverted Hammer
Kicking
Ladder Bottom
Long Legged Doji
Long Line Candle
Marubozu
Matching Low
Mat Hold
Morning Doji Star
Morning Star
On-Neck Pattern
Piercing Pattern
Rickshaw Man
Rising/Falling Three Methods
Separating Lines
Shooting Star
Short Line Candle
Spinning Top
Stalled Pattern
Stick Sandwich
Takuri
Tasuki Gap
Thrusting Pattern
Tristar Pattern
Unique 3 River
Upside Gap Two Crows
Upside/Downside Gap Three Methods



Morning Star

 

Description

 

This bullish reversal pattern is considered highly reliable.

 

In a downtrend, a long black candlestick day is followed by a day that gaps in the direction of the trend. However, the third day is a white/empty candlestick day which closes up within the top half of the black day.

 

Buyers came into the market and the downtrend weakened. The rally and gap up confirms the reversal if there was also good volume that day.

 

Market Opinion

Bullish.

Pattern

 

 

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Morning Star_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
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