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Morning Star Candlestick Pattern - Evening Star Candlestick Pattern - Engulfing Candlesticks Patterns


Morning Star Bullish Candlestick - Evening Star Bearish Candlestick - Bullish and Bearish Engulfing Forex Candlesticks Patterns


Morning Star Candlestick

How to Trade Morning Star Forex Trading Candlesticks Pattern - Morning Star Bullish Forex Candlesticks Pattern - Morning Star Bullish Candlesticks Patterns - How to trade Evening Star Bearish Forex Trading Candlestick Patterns - Bullish Engulfing and Bearish Engulfing Forex Candlestick Patterns

Morning Star Candlestick


Technical Analysis of Morning Star Pattern

Morning star is a three day bullish reversal pattern.


The first day is a long black candlestick.


The second day is a morning star that gaps away from the long black candlestick.


Third day is a long white candlestick that fills the gap.


The filling of the gap and closing of the white candlestick above the gap is a strong bullish Forex signal.


Traders should open a buy trade after market price closes above the 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

Opposite of the morning star

How to Identify Evening Star Forex Trading Candlestick Pattern - Evening Star Bearish Forex Candlesticks Pattern -How to Interpret Morning Star Bullish Candlestick Patterns - How to Interpret Evening Star Bearish Candlestick Patterns - Bullish Engulfing and Bearish Engulfing Forex Trading Candlesticks Patterns Technical Analysis Tutorial Explained

Evening Star Candlestick



Technical Analysis of Evening Star Candlestick Pattern

Evening star is a three day bearish reversal pattern.


The first day is a long white candlestick.


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


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


The filling of the gap and closing of the black candlestick below the gap is a strong bearish Forex signal.


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



Engulfing Pattern

Engulfing is a reversal candlestick pattern that can be bearish or bullish depending upon whether it appears at the end of a market downtrend or at the end of a market uptrend.

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Bullish and Bearish Engulfing Pattern



Technical Analysis of Bullish and Bearish Engulfing Patterns

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


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


For Bullish Engulfing Candlestick the color of the candlestick should be Blue


For Bearish Engulfing Candlestick the color of the candlestick should be Red


 

Technical Analysis