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The Complete Guide to Using Candlestick Charting: How to Earn High Rates of Return safely
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Bullish Morning Star Candlestick Pattern



This pattern signals a potential trend

Reversal


How to identify
  1. 1st day is a long red day.

  2. 2nd day gaps below the 1st day's close.

  3. 3rd day is a long white day.
Similar pattern(s)

» Bullish Doji Star

» Bullish Morning Doji Star

Psychology

The 2nd day gaps lower, but trades in a small range. The bullishness of this indecision is confirmed by the higher close of the 3rd day. Look for higher prices.



Recent Scan Results
Daily ChartWeekly Chart
Last Day: 10 Last Week: 1
Last 10 Days: 43 Last 10 Weeks: 33




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