Evening Star Candlestick Pattern
Morning Star Bullish Candle-stick Patterns
Morning Star Candlestick 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 candlestick.
The second day is morning star which 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 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 Candle Pattern
Opposite of the morning star
Evening Star Candle Pattern
Evening Star Candlestick Pattern
Evening star is a 3 day bearish reversal 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 signal.
Traders should open a sell trade once the market closes below the trading gap formation of the evening star candlestick 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 upward gold trend.
Bullish and Bearish Engulfing Pattern
Bullish and Bearish Engulfing Candle-stick Patterns
The colour of first candlestick indicates the market trend of day.
The second candle should completely engulf the first candle and it should have opposite color.
For Bullish Engulfing color of candle-stick should be Blue
For Bearish Engulfing color of candle should be Red
