He is a Chartered Market Technician (CMT). A morning star is a visual pattern consisting of three candlesticks that are interpreted as bullish signs by technical analysts. A morning star forms ...

Ever wonder about the difference between a morning star and an evening star or how to identify them? Wonder no more! Here is an overview of these two popular price patterns and what they mean for you.

With this in mind, today we will focus on spotting and trading one of the markets most clear cut reversal signals using the bullish morning star pattern. What is a bullish morning star pattern?

The Australian Dollar’s recent rebound has yielded a Morning Star candlestick pattern on the daily. Yet the key reversal formation awaits confirmation from a successive up-day in order to ...

Evening star patterns are associated with the top of a price uptrend, signifying that the uptrend is nearing its end. The opposite of the evening star is the morning star pattern, which is viewed ...

Traders often wait for confirmation before acting on these patterns once again. The Morning Star and Evening Star patterns are three-candlestick formations that signify potential trend reversals.

Morning Star Supports Continued Recovery Daily Chart - Created Using FXCM Marketscope 2.0 Drilling down to examine intraday price action; the four hour chart reveals a Bullish Engulfing pattern ...

The Morning Star pattern is a three-candle pattern that is bullish or can be also interpreted to be a sign of a reversal from a bottom. The pattern is usually used by traders as an early sign that ...