Evening Star Candle Pattern

Morning Star Bullish Candle-stick Patterns

Morning Star Candle Pattern

Morning Star Candlestick Pattern

Morning Star Candle Pattern

Morning star is a 3 day bullish reversal pattern.

The first day is a long black candle-stick.

The second day is a morning star which gaps away from the long black candle.

Third day is a long white candle that fills the trading gap.

Filling of the gap & closing of the white candlestick above gap is a strong bullish signal.

Traders should open a buy trade after market trading price closes above gap formation of the morning star. This is the confirmation signal of a buy signal generated by this Morning Star Candlestick pattern.

Evening Star Candlestick Pattern

Opposite of the morning star

Evening Star Candlestick Pattern

Evening Star Candlestick Pattern

Evening star is a 3 day bearish reversal pattern.

The first day is a long white candle.

Second day is the evening star that gaps away from long white candle.

Third day is a long black candlestick that fills the trading gap.

Filling of the gap and closing of the black candle below the gap is a strong bearish signal.

Traders should open a sell trade once the market closes below the trading gap formation of the evening star candle pattern. This is the confirmation signal of a sell signal generated by this Evening star candle pattern.

Engulfing Pattern

Engulfing is a reversal candlestick pattern that can be bearish or bullish depending upon whether appears at the end of a market down trend or at the end of a market upwards gold trend.

Bullish & Bearish Engulfing Pattern

Bullish & Bearish Engulfing Candle-stick Patterns

The color of the first candlestick indicates the trend of the day.

The second candlestick should completely engulf the first candle & it should have opposite color.

For Bullish Engulfing the color of the candle-stick should be Blue

For Bearish Engulfing the color of the candle should be Red