Morning Star Candle Pattern
Morning Star Bullish Energies Candle Patterns
Morning Star Candlestick Pattern
Morning Star Candle Pattern
Morning Star Candle Pattern
Morning star is a three day bullish reversal energies pattern.
First day is a long black candle.
Second day is a morning star which gaps away from the long black candle.
Third day is a long white candlestick that fills the gap.
Filling of the gap and closing of the white candle above the gap is a strong bullish Energies Trading signal.
Traders should open a buy energies trade after market energies price closes above the gap formation of morning star candle stick pattern. This is the confirmation trading signal of a buy signal generated by this Morning Star Candlestick pattern.
Evening Star Candlestick Pattern
Opposite of the morning star
Evening Star Candlestick Pattern
Evening Star Candlestick Pattern
Evening star is a three day bearish reversal energies pattern.
The first day is a long white candlestick.
The second day is evening star that gaps away from long white candle-stick.
Third day is a long black candle-stick that fills the gap.
Filling of the gap and closing of the black candle below the gap is a strong bearish Energies Trading signal.
Traders should open a sell energies trade once the energies market closes below the gap formation of evening star candlestick pattern. This is the confirmation signal of a sell signal generated by this Evening star candle pattern.
Engulfing Pattern
Engulfing is a reversal candlestick pattern which can be bearish or bullish depending upon whether it appears at the end of a market down energies trend or at the end of a market upwards energies trend.
Bullish and Bearish Engulfing Pattern
Bullish and Bearish Engulfing Patterns
The color of the first candle-stick indicates the energies trend of the day.
The second candle stick should completely engulf the first candle-stick and it should have the opposite color.
For Bullish Engulfing the color of the candle should be Blue
For Bearish Engulfing the color of the candlestick should be Red