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Morning Star
Chart PatternsA three-candle bullish reversal pattern: a large bearish candle, a small-bodied candle that gaps down (the star), and a large bullish candle that closes above the midpoint of the first candle.
Related Terms
Evening Star
A three-candle bearish reversal pattern: a large bullish candle, a small-bodied candle that gaps up (the star), and a large bearish candle that closes below the midpoint of the first candle.
Reversal
A change in the direction of price trend.
Candlestick
A chart element showing the open, high, low, and close (OHLC) of a security for a specific time period.