Evening Star Candlestick Pattern
Morning Star Bullish Candlestick Patterns
Morning Star Candlestick Pattern
Morning Star Candlestick Pattern
Morning Star Candlestick Pattern
Morning star is a 3 day bullish market reversal pattern.
The first day is a long black candlestick.
The second day is morning star that gaps away from the long black candlestick.
Third day is a long white candle that fills the trading gap.
Filling of the gap & closing of the white candle above gap is a strong bullish.
Traders should open a buy trade after market trading price closes above gap setup formation of the morning star candlestick pattern. This is the confirmation trading signal of a buy signal derived and 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 market reversal trading pattern.
The first day is a long white candlestick.
Second day is the evening star that gaps away from long white candlestick.
Third day is a long black candle that fills the trading gap.
Filling of the gap & closing of the black candle below the gap is a strong bearish.
Traders should open a sell position once the market closes below the trading gap setup of the evening star candlestick pattern. This is the confirmation signal of a sell signal generated/derived by this Evening star candlestick 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 upward gold trend.
Bullish & Bearish Engulfing Pattern
Bullish & Bearish Engulfing Candlestick
The colour of first candlestick reflects the market trend of day.
The second candle should completely engulf the first candle and it should have in the opposite market trend color.
For Bullish Engulfing color of candle-stick should be Blue
For Bearish Engulfing color of candle should be Red
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