Reversal Stock Indices Candle Patterns - Morning Star Candle Pattern
Morning Star Candle Pattern
Morning Star Stock Indices Candles Pattern is the opposite of the Evening Star Candles Pattern
How to Trade Morning Star Candles Patterns - How to Interpret Morning Star Candles Pattern
Morning Star Candle Pattern
Morning star candles pattern is a 3 day bullish indices trading reversal pattern.
First day is a long black candlestick.
Second day is a morning star that gaps away from the long black candle.
Third day is a long white candlestick which fills the gap.
The filling of the gap & closing of the white candle stick above gap is a strong bullish indices signal.
Traders should open a buy indices trade after market stock indices price closes above gap formation of the morning star candlestick pattern. This is the confirmation signal of a buy stock indices signal generated by this Morning star candle-sticks pattern.