Morning Star
Reversal3 candlesA three-candle bullish reversal pattern with a small middle candle, indicating the end of a downtrend.
Visual Example
When It Usually Fails
This is what most courses don't teach you. These conditions turn textbook patterns into losing trades.
- Third candle is weak (doesn't close high enough)
- No clear prior downtrend
- Forms in the middle of a range
- Volume decreases on third candle
Why Morning Star Often Fails (52%)
This pattern doesn't fail because of the pattern itself. It fails when context is wrong.
Location
Morning Star appears in mid-range or at resistance
Example: Pattern forms in middle of consolidation zone with no clear support below. No level to reverse from. Price continues ranging.
Market Regime
No clear downtrend to reverse
Example: Market has been ranging for days. Morning Star appears but there's no bearish trend to exhaust. Pattern is meaningless without prior trend.
Order Flow
Third candle has decreasing volume
Example: Third bullish candle looks strong visually but volume is 50% below average. No buyer conviction. Likely a false reversal.
Key insight: The same Morning Star that fails 52% of the time in wrong context can succeed 68%+ when all three factors align.
When It Usually Works
- Forms at established support after a clear downtrend
- Third candle closes above midpoint of first candle
- Volume increases on the third candle
- Gap between first and second candle (ideal, not required)
Common Traps
Weak third candle
Doesn't reclaim enough ground
Range morning star
No trend to reverse
Fading volume
Buyers not committed
Historical Statistics
Based on analysis of historical data. Past performance does not guarantee future results.
Note: These statistics are for educational purposes. Individual results vary based on market conditions, timing, and risk management.
Loading knowledge base...
Classic Morning Star
Three candles: bearish, small-bodied (gap down), bullish closing into first candle.
Not waiting for the third candle to confirm the pattern.
Reversal pattern at support after decline; gap and third candle strength matter.
Key Concepts:
Morning Doji Star
Same as morning star but middle candle is a doji.
Treating the doji alone as the signal before pattern completes.
Doji adds indecision element; still requires strong bullish third candle.
Key Concepts:
Training Note: Pattern variants are educational classifications. Real-world price action rarely matches textbook definitions exactly. Always evaluate patterns in context of regime, location, and volume.
Practice This Pattern
Build intuition through daily training with real Morning Star scenarios.