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Morning Star
Member Since Jul 31, 2009
1444 posts
Oct 06, 2014 at 06:46
Member Since Jul 31, 2009
1444 posts
Discuss the Morning Star pattern here.
Member Since Aug 17, 2023
1 posts
Nov 15, 2023 at 06:07
Member Since Aug 17, 2023
1 posts
Morning star is a bullish candlestick that signify bullish reversal and is more powerful when identified on a strong Demand / Support zone.
When you identify a morning star on a weekly or monthly time frame, it simplify signify that next two weeks or next one month will be bullish.
Note: To use Morning star as our entry trigger, there must be other confluence to back it up.
The image attached below, explains better.
When you identify a morning star on a weekly or monthly time frame, it simplify signify that next two weeks or next one month will be bullish.
Note: To use Morning star as our entry trigger, there must be other confluence to back it up.
The image attached below, explains better.
Member Since Apr 08, 2024
27 posts
Apr 29 at 13:26
Member Since Apr 08, 2024
27 posts
YAHDIEBUBE posted:Interesting observation! 🤔 How do you typically identify a strong Demand/Support zone? And what other confluences do you look for to confirm the bullish reversal signalled by the Morning Star?
Morning star is a bullish candlestick that signify bullish reversal and is more powerful when identified on a strong Demand / Support zone.
When you identify a morning star on a weekly or monthly time frame, it simplify signify that next two weeks or next one month will be bullish.
Note: To use Morning star as our entry trigger, there must be other confluence to back it up.
The image attached below, explains better.
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