Back to Morning Star Pattern
Classic Morning Star
BullishVisual Example
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Quick Summary
Shape
Three candles: bearish, small-bodied (gap down), bullish closing into first candle.
Common Trap
Not waiting for the third candle to confirm the pattern.
Context Rule
Reversal pattern at support after decline; gap and third candle strength matter.
When It Fails
- •Not at established support level
- •Third candle fails to close above midpoint of first
- •Low volume on third (confirmation) candle
- •No prior downtrend to reverse from
When It Works
- •At major support after extended decline
- •Gap between first and second candle present
- •Third candle closes well into first candle body
- •Volume increases on bullish third candle
Key Concepts
Understanding these methodology concepts will help you evaluate Classic Morning Star setups more effectively:
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. This is not trading advice.