Price Action: How to trade the Morning Star and the Evening Star Candles...

  
BO Turbo Trader Price Action Guide for Binary Options Trader PDF https://goo.gl/VmcKjJ 👉 SMASH THE LIKE BUTTON 👈 👉 HIT THE SUBSCRIBE BUTTON 👈 👉 LEAVE A COMMENT 👈 Facebook-Group: https://www.facebook.com/groups/31949... Twitter: https://twitter.com/boturbotrader Binary Option Win Rate and Net Profit Calculator + Simulator https://goo.gl/NeUyCp Money Management Masaniello Program + Excel File https://goo.gl/9pNRhs Start Mining Cryptocurrency http://goo.gl/1mJLbU Risk Warning: Your invested capital may be at risk. This video is not an investment advice. Indicators: EMA 3 (blue) EMA 20 (yellow) EMA 50 (orange) EMA 100 (red) EMA 200 (purple) Bollinger Band Period 20 Deviation 2 (green) Bollinger Band Period 20 Deviation 1 (white) A morning star is a bullish candlestick pattern that consists of three candles. The first bar is a large red candlestick located within a defined downtrend, the second bar is a small-bodied candle (either red or white) that closes below the first red bar, and the last bar is a large white candle. The Morning Star is a pattern seen in a candlestick chart, a type of chart used by stock analysts to describe and predict price movements of a security, derivative, or currency over time. The Morning Star Pattern is viewed as a bullish reversal pattern, usually occuring at the bottom of a downtrend. The first part of a Morning Star reversal pattern is a large bearish red candle. The morning star consists of three candlesticks: A long black candlestick. A small white or black candlestick that gaps below the close of the previous candlestick. This candlestick can also be a doji, in which case the pattern would be a morning doji star. A long white candlestick. The shooting star is made up of one candlestick (white or black) with a small body, long upper shadow, and small or nonexistent lower shadow. The size of the upper shadow should be at least twice the length of the body and the high/low range should be relatively large. The Morning Star - A Powerful Candlestick Reversal Signal, Stocks & Commodities Magazine. The major Candlestick reversal signals are very illuminating. They are hundreds of years of visual observations revealing high probabilities of a reversal occurring. Morning Star candlestick pattern. The Morning Star candlestick pattern is a reversal pattern in technical analysis. The pattern has three candles. It forms at the bottom of a downtrend. The first candle is any long and bearish candle. The second candle is a small and indecisive candlestick. The morning star is a bullish, bottom reversal pattern that is the opposite of the evening star. It warns of weakness in a downtrend that could potentially lead to a trend reversal. Like the evening star, the morning star consists of three candlesticks with the middle candlestick forming a star. An evening star is a bearish candlestick pattern consisting of three candles that have demonstrated the following characteristics: the first bar is a large white candlestick located within an uptrend; the middle bar is a small-bodied candle, red or white, that closes above the first white bar. In many cases, only one candle is necessary to put a trader on high alert that a reversal may be happening. For example, a doji candlestick -- whether it occurs after a long uptrend or downtrend -- indicates that supply and demand are in equilibrium. Therefore, it implies that the recent trend may be coming to a conclusion. The Evening Star is a bearish, top trend reversal pattern that warns of a potential reversal of an uptrend. It is the opposite of the Morning Star and, like the morning star, consists of three candlesticks, with the middle candlestick being a star. Morning Star candlestick pattern. The Morning Star candlestick pattern is a reversal pattern in technical analysis. The pattern has three candles. It forms at the bottom of a downtrend. The first candle is any long and bearish candle. The second candle is a small and indecisive candlestick. The Evening Star candlestick pattern indicates that bad things (i.e., lower stock prices) are on the way. Learn how to spot this tricky top reversal signal.