The Morning Star Candlestick in Hindi मॉर्निंग स्टार कैंडलस्टिक पैटर्न

The Morning Star Candlestick

The Morning Star is multiple candlestick charts pattern which is formed after a downtrend indicating bullish reversal. It is made of 3 candlesticks, first being a bearish candle, second a Doji and the third being a bullish candle.

The first candle shows the continuation of the downtrend, the second candle being a doji indicates indecision in the market, and the third bullish candle shows that the bulls are back in the market and reversal is going to take place. The second candle should be completely out of the real bodies of the first and third candles.

Traders can enter a long position if the next day a bullish candle is formed and can place a stop-loss at the low of the second candle.

Below is an example of Morning Star Candlestick Charts Pattern:

The Morning Star Candlestick in Hindi मॉर्निंग स्टार कैंडलस्टिक पैटर्न

ये PATTERN तीन CANDLES को मिलके बनता है ये मंदी के बाद BOTTOM में बनता है, पहला CANDLE बड़ा लाल यानी मंदी होता है दूसरा CANDLE DOJI ये NEUTRAL माना जाता है और तीसरा हरा यानि तेजी को दर्शाता है, ये दीखते ही अब STOCK ऊपर जा सकता है ऐसे सकेत मिलते है।

FAQ