Morning Star Bearish Gold Candles Pattern

Morning Star Candlestick Pattern

Morning Star Candlesticks Pattern is the opposite of the Evening Star Candlesticks Pattern

Morning Star Candlestick Pattern - How to Trade Morning Star Candles Patterns - How to Analyze Morning Star Candlesticks Pattern

Morning Star Candlestick Pattern

Morning star candles pattern is a 3 day bullish gold trading reversal pattern.

First day is a long black candlestick.

Second day is a morning star which gaps away from the long black candle.

Third day is a long white candle that fills the gap.

The filling of the gap & closing of the white candlestick above gap is a strong bullish xauusd trade signal.

Traders should open a buy gold trade after market xauusd price closes above gap formation of the morning star candlesticks pattern. This is the confirmation signal of a buy signal generated by this Morning star candlesticks pattern.