Lessons › Candlesticks › Morning star and evening star
World 1 · Candlesticks · lesson 16 · level 3
Morning star and evening star
A big candle, a tiny pause, then a big candle the other way is the market changing its mind in three steps.
What it is
A big fall, a pause, then a strong rise. The night is ending.
Your task in the app
Find the morning star. Then decide: buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 19 | 32% | 68% | 0% |
| United States | 24 | 50% | 46% | 4% |
| Japan | 6 | 50% | 50% | 0% |
| Crypto | 136 | 35% | 57% | 8% |
| Forex | 28 | 50% | 46% | 4% |
| Commodities | 9 | 33% | 67% | 0% |
Counted on real past charts by the Trading Class research engine, 222 cases in all. Past odds, not a forecast.
Read more on the Morning star pattern page.
Goal of this lesson: Identify three-candle morning and evening stars and judge how strong they are.