Reversal Candle Patterns - Morning Star Candlestick Pattern
Morning Star Candle Pattern
Morning Star Candles Pattern is the opposite of the Evening Star Candles Pattern
Morning Star Candlestick Pattern - How to Trade Morning Star Candles Patterns - How to Analyze Morning Star Candles Pattern
Morning Star Candle Pattern
Morning star candlesticks pattern is a 3 day bullish reversal xauusd pattern.
First day is a long black candle.
Second day is a morning star that gaps away from the long black candle.
Third day is a long white candlestick that fills the gap.
Filling of the gap and closing of the white candlestick above gap is a strong bullish gold trade signal.
Traders should open a buy xauusd trade after market gold price closes above gap formation of the morning star candles pattern. This is the confirmation signal of a buy signal generated by this Morning star candlesticks pattern.