What's a Morning Star Candlestick in XAUUSD Trading?
What Does Morning star Candlestick Mean? Morning star Candle Definition
What is Morning Star Candlestick in Gold Trading? - Morning Star Candle Pattern
Morning Star Candlestick Pattern
Morning star xauusd candlesticks pattern is a 3 day bullish reversal pattern.
The first day is a long black candlestick.
Second day is a morning star candle which gaps away from the long black candlestick.
Third day is a long white candlestick stick which fills the gap.
The filling of the trading gap and closing of the white candle above the trading gap is a strong bullish xauusd trade signal.
Traders should open a buy trade after market xauusd price closes above gap formation of the morning star candlesticks pattern. This is the confirmation signal of a buy signal generated by this gold Morning star candlesticks pattern.
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