Engulfing Stock Candles Setup Patterns
Bullish Engulfing Candle-stick Setup and Bearish Engulfing Candlestick Pattern
Morning Star Candle Setup
Morning Star Candle Setup
Morning Star Candlestick Pattern
Morning star candle is a 3 day bullish reversal indices pattern.
The first day is a long black candlesticks.
The second day is a morning star which gaps away from the long black candle.
Third day is a long white candle which fills the gap.
Filling of the gap & closing of the white candlestick above gap is a strong bullish trading signal.
Traders should open a buy indices trade after market stock price closes above the gap setup formation of the morning star candle pattern. This is the confirmation trading signal of a buy stock signal generated by this Morning Star Candlestick pattern.
Evening Star Stock Candle Pattern
Opposite of the morning star
Evening Star Stock Candle Pattern
Evening Star Stock Candle Pattern
Evening star candlestick is a 3 day bearish reversal indices pattern.
First day is a long white candle.
The second day is evening star which gaps away from the long white candle.
Third day is a long black candle which fills the gap.
Filling of the gap & closing of the black candle below gap is a strong bearish signal.
Traders should open a sell indices trade once the stock trading market closes below gap setup formation of the evening star. This is the confirmation trading signal of a sell stock signal generated/derived by this Evening star candle pattern setup formation.
Engulfing Pattern
Engulfing is a reversal candle setup that can be bearish or bullish depending upon whether it occurs at the end of a market down trend or at the end of a market upwards trend.
Bullish & Bearish Engulfing Pattern
Bullish and Bearish Engulfing Candlestick Patterns
Colour of the first candle reflects the trend of the day.
The second candle should completely engulf the first candle & it should have in the in the opposite market trend trend trend trend trend trend trend colour.
For Bullish Engulfing color of the candle should be Blue
For Bearish Engulfing color of the candle should be Red
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