Morning Star
Oct 06, 2014 at 06:46
1,402 Angesehen
3 Replies
Mitglied seit Jul 31, 2009
1444 Posts
Oct 06, 2014 at 06:46
Discuss the Morning Star pattern here.
Mitglied seit Aug 17, 2023
1 Posts
Nov 15, 2023 at 06:07
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.
Anhänge:
Mitglied seit Apr 08, 2024
44 Posts
Apr 29 at 13:26
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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