What's a Morning Star Candlestick in XAUUSD Trading?
What Does Morning star Candle Mean? Morning star Candlestick Definition
What is Morning Star Candlestick in Gold Trading? - Morning Star Candle Pattern
Morning Star Candle Pattern
Morning star xauusd candlesticks pattern is a 3 day bullish reversal gold pattern.
The first day is a long black candle.
Second day is a morning star candle that gaps away from the long black candle.
Third day is a long white candle which fills the gap.
The filling of the gap & closing of the white candle above the gap is a strong bullish xauusd trade signal.
Traders should open a buy gold trade after market xauusd trading price closes above gap formation of the morning star candlesticks pattern. This is the confirmation signal of a buy signal generated by this gold trading Morning star candle-sticks pattern.