Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A Morning Star is a bullish candlestick pattern recognized by traders for ...
What Is an Evening Star? An evening star is a stock price chart pattern that's used by technical analysts to detect when a trend is about to reverse. It's a bearish candlestick pattern that consists ...
What is a shooting star candlestick pattern? A shooting star candlestick pattern is a chart formation that occurs when an asset’s market price is pushed up quite significantly, but then rejected and ...
Continuing with the three candlestick patterns, in this session, we will be discussing three candlesticks type Morning Star and Evening Star Pattern. The morning star is a bullish and bottom reversal ...