🕯 Candlestick Mastery #6: The Morning Star

🔹 What It Is – A three-candle bullish reversal pattern:

1. First candle – Large red (bearish) candle showing strong selling.

2. Second candle – Small candle (red or green) with a gap down, showing indecision.

3. Third candle – Large green (bullish) candle closing above the midpoint of the first candle.

🔹 Meaning –

Indicates the selling momentum is weakening and buyers are taking control, often marking the start of a new uptrend when it appears after a downtrend.

🔹 How to Identify –

✅ Appears after a prolonged decline.

✅ Second candle shows low trading activity (Doji or small body).

✅ Third candle closes deep into the first candle’s body.

🔹 How to Trade It –

1️⃣ Enter after the third candle closes above the midpoint of the first candle.

2️⃣ Place stop-loss below the lowest point of the pattern.

3️⃣ Target the next resistance level.

💡 Pro Tip: Higher accuracy when found near a strong support zone with rising volume.

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