Morning Star Candle Pattern
Morning Star Bullish Stock Candle Patterns
Morning Star Candlestick Pattern
Morning Star Candlestick Pattern
Morning Star Candlestick Pattern
Morning star is a 3 day bullish reversal stocks pattern.
First day is a long black candlestick.
Second day is a morning star which gaps away from the long black candle.
Third day is a long white candlestick which fills the gap.
The filling of the gap & closing of the white candlestick above the gap is a strong bullish Stocks Trading signal.
Traders should open a buy stocks trade after market stocks price closes above the gap formation of the morning star. This is confirmation signal of a buy signal generated by this Morning Star Candlestick pattern.
Evening Star Candle Pattern
Opposite of the morning star
Evening Star Candle-stick Pattern
Evening Star Candlestick Pattern
Evening star is a 3 day bearish reversal stocks pattern.
First day is a long white candle.
The second day is evening star that gaps away from the long white candlestick.
Third day is a long black candlestick which fills the gap.
The filling of the gap & closing of the black candle-stick below the gap is a strong bearish Stocks Trading signal.
Traders should open a sell stocks trade once the stocks market closes below the gap formation of the evening star. This is confirmation signal of a sell signal generated by this Evening star candle pattern.
Engulfing Pattern
Engulfing is a reversal candlestick pattern which can be bearish or bullish depending upon whether it appears at the end of a market down stocks trend or at the end of a market upwards stock trend.
Bullish and Bearish Engulfing Pattern
Bullish and Bearish Engulfing Patterns
Color of the first candlestick indicates the stocks trend of the day.
The second candle-stick should completely engulf the first candlestick & it should have the opposite color.
For Bullish Engulfing the color of the candlestick should be Blue
For Bearish Engulfing the color of the candlestick should be Red