Morning Star Candle Pattern

Morning Star Bullish Candle Pattern Setups

Morning Star Candle-stick Pattern

Morning Star Candle Pattern

Morning Star Candle-stick Pattern

Morning star candlestick is a three day bullish reversal energies pattern.

First day is a long black candle-stick.

Second day is a morning star which gaps away from the long black candle-stick.

Third day is a long white candlestick that fills the gap.

Filling of the gap & closing of the white candle above the gap is a strong bullish Trade signal.

Traders should open a buy trade after market energies price closes above the gap formation of morning star candle stick pattern setup. This is the confirmation trading signal of a buy signal generated by this Morning Star Candlestick pattern.

Evening Star Candle-stick Pattern

Opposite of morning star

Evening Star Candle-stick Pattern

Evening Star Candle-stick Pattern

Evening star candlestick is a three day bearish reversal energies pattern.

The first day is a long white candlestick.

The second day is evening star that gaps away from long white candle.

Third day is a long black candle that fills the gap.

Filling of the gap and closing of the black candle stick below the gap is a strong bearish Trade signal.

Traders should open a sell energies trade once the market closes below the gap formation of evening star candlestick pattern. This is the confirmation trading signal of a sell signal generated by this Evening star candle stick pattern setup.

Engulfing Pattern

Engulfing is a reversal candlestick pattern which can be bearish or bullish depending upon whether it appears at the end of a market down trend or at the end of a market up-wards energies trend.

Bullish and Bearish Engulfing Pattern

Bullish & Bearish Engulfing Candle-stick Patterns

The color of the first candle indicates the trend of the day.

The second candle should completely engulf the first candle and 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 candlestick should be Red