Introduction to Morning Star Pattern
In this module, we are going to discuss the Morning Star pattern, which gives a very strong signal of a trend reversal (probably to uptrend). We'll show you what this looks like, its characteristics, and valid conditions for this candle.
Furthermore, we'll delve into the psychology behind the Morning Star pattern and explore future predictions associated with it.
The first thing we want to cover with you is what Morning Star pattern actually is.
Morning Star Pattern Anatomy
Blueprint of a Morning Star Pattern on chart
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Doji is a very powerful candle shows a balance of supply and demand.
Read MoreHanging Man Candlestick
Hanging Man candle which gives a very strong signal of a trend reversal.
Read MoreInverted Hammer Candlestick
This candle implies a very strong signal of a trend reversal (to uptrend).
Read MoreMoving Average Indicator
This indicator is used on charts for trend identification.
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