[ IQ Chart 4.11 ]
[ IQChart ] - Candlesticks
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Education | Technical Indicators | Candlesticks | Chart Patterns

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Morning Star

[ Morning Star ]

The Morning Star is a reversal pattern which is composed of a long black body, a star gaps away from the black body, and a long white body. The third candle is the confirmation of the reversal. It is named because it appears in the morning before the sun rises.

Recognition Criteria:

  • The first day is a long black day.
  • The second day is a star gaps away from the first day.
  • The third day is a long white body that gaps up from the prior star.

(Confirmation is suggested.)


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