What is a Morning Star Candles Pattern?
What Does Morning star Candle Mean? Morning star Candlestick Definition
Morning Star Stock Candlestick Pattern - Candles Pattern
Morning Star Candle Pattern
Morning star stock candle-sticks pattern is a 3 day bullish reversal pattern.
The first day is a long black candlestick.
Second day is a morning star candlestick that gaps away from the long black candlestick.
Third day is a long white candle-stick which fills the gap.
Filling of the gap and closing of the white candlestick above gap is a strong bullish signal.
Traders should open a buy trade after market stock price closes above the gap formation of morning star stock candles pattern. This is the confirmation signal of a buy stock signal generated by this Morning star candlesticks pattern.
