Evening Star CFDs Candlestick Pattern
Morning Star Bullish CFDs Candle-stick Patterns
Morning Star Candlestick Pattern
Morning Star Trading Candle Pattern
Morning Star Trading Candlestick Pattern
Morning star is a 3 day bullish reversal pattern.
The first day is a long black candle.
The second day is a morning star which gaps away from the long black candle-stick.
Third day is a long white candle which fills the gap.
Filling of the gap & closing of the white candle above the trading gap is a strong bullish CFD Trading signal.
Traders should open a buy trade after market cfds price closes above the gap formation of morning star candle pattern. This is the confirmation trading signal of a buy signal generated by this Morning Star Candlestick pattern.
Evening Star CFDs Candle-stick Pattern
Opposite of the morning star
Evening Star CFDs Candlestick Pattern
Evening Star CFDs Candle-stick Pattern
Evening star is a 3 day bearish reversal pattern.
First day is a long white candlestick.
The second day is the evening star that gaps away from long white candlestick.
Third day is a long black candle which fills the gap.
Filling of the gap & closing of the black candle-stick below the trading gap is a strong bearish CFD Trading signal.
Traders should open a sell trade once the market closes below the trading gap formation of the evening star candlestick pattern. This is the confirmation trading signal of a sell signal generated by this Evening star candle-stick pattern.
Engulfing Pattern
Engulfing is a reversal candle-stick pattern that can be bearish or bullish depending upon whether appears at the end of a market down trend or at the end of a market upwards cfds trend.
Bullish & Bearish Engulfing Pattern
Bullish & Bearish Engulfing Candlestick Patterns
Color of the first candle indicates the trend of the day.
The second candle should completely engulf the first candle & the candle-stick should have the opposite color.
For Bullish Engulfing the color of the candle should be Blue
For Bearish Engulfing the color of the candle should be Red