Patterns › Morning star
Candlestick patterns
Morning star
A big fall, a pause, then a strong rise. The night is ending.
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.
How to practise it
Find the morning star. Then decide: buy, sell, or wait? In the app, 36 real examples of the morning star wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Morning star and evening star.
Related
Doji · Spinning top · Bullish marubozu · Bearish marubozu · Hammer · Hanging man · Inverted hammer · Shooting star