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Candlestick pattern
reversal
Morning Star
bullish
Fiabilité :
★★★★★
3-candle pattern: long red, small body (often doji), long green. Strong bullish reversal.
In detail
Morning star is one of the most reliable reversal patterns. Marks seller exhaustion (small middle candle) followed by strong bullish resumption.
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How to trade
Enter long after 3rd candle confirms. Stop below pattern low. Very strong with volume.
#reversal
#bullish
#three-candle
#high-reliability