20
3.
The third
bar is a largish bull candle. The third candle should close at least more than the halfway above the first candle [large bear candle] We
need to wait until
third candle closes to see if it's a valid morning star or not. Let the fat lady to finish her singing before jumping in any conclusion.
Evening Star
It's simply bearish version of the Morning Star candlestick pattern. We'd look for evening star candle pattern in an up-trend. Just reverse the logic and you'll have evening star.
Still made of 3 candles.
1.
Dostları ilə paylaş: