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Bullish Candlestick Chart Patterns

Bullish Engulfing Three White Soldiers Bullish Piercing Three Outside Up
Three Inside Up Morning Star Morning Doji Star Abandoned Baby Bullish
Bullish Harami

Tutorial on Morning Star Candlestick Pattern


One of the strong bullish market reversal after market downtrend.
Basics - Almost similar to Morning Doji Star Candlestick pattern except that on the second day a doji is not created i.e. some price movement is there either bullish or bearish. On the third day a long candlestick with closing price very near to first day's candlestick opening price.

Pattern - There are three candlesticks in this pattern . First day's red candlestick is created which is followed by very small candlestick which can be either red or green candlestick. For our example below, the second day candlestick we have taken as green candlestick , the pattern may consist of red candlestick body instead of green. And finally on the third day a long green candlestick is there with closing price very near to first days red candlestick opening price.
Morning Star Candlestick Pattern
Stock Screener of Indian Stock with
Morning Star formation



Corresponding Pattern
Evening Star Pattern
An Example of Morning Star Candlestick PatternMorning Star Candlestick Pattern example : Educomp Solutions Ltd





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