A downtrend must be in place since a morning star is a bullish reversal pattern.
The first candle should be a bearish candle with a longer tail.
As the bulls and bears begin to 4 balance out over the course of the session, the second candle should be undecided.
A triple candlestick pattern known as the Morning Star indicates a bullish turnaround. It appears at the bottom of a downtrend and serves as a signal that the downtrend is about to reverse.
Morning star candlestick patterns differ from evening star candlestick patterns in that the morning star is considered a bullish indicator while the evening star is considered a negative indicator.
A morning star is a three-candle pattern with the second candle's low point. However, the low point is only visible after the third candle has closed. A morning star is a three-candle pattern with the second candle's low point. However, the low point is only visible after the third candle has closed.
Morning star patterns are often seen as quite dependable market indicators. They're also rather simple to recognise, giving them a good first candlestick pattern for technical traders.
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Akash Kumar
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Bhupendra Yadav
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Sir Its Very Ausome Course And Your Tecnic Is Very For Teaching
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Deepanshu Singh
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Best Technical Analysis Course....
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md arman
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i watch this 4,5 times but really i don't understand the topic.
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Parshuram Bagade
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Very nice explaination about stock market
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Subham Kumar sahu
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Option trading course
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Prasoon Dixit
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As we know in fundamental basics we need to follow the two approaches 1 top-down approach 2nd Bottom-up approach.Kindly give some examples of bottom-up approach and top-down approach,(Discussion box?)
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Dinesh Kumar
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yash sir options video ke liye intezaar rahega
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Hemant Saini
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SIR optional treading ke ek proper video lavo ,us m pura smjavo na , Plese SIR .
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