Morning Star candlestick pattern
The morning star is a three-candle pattern at the bottom of a decline: a big red candle, a small candle that shows hesitation, then a strong green candle. It suggests a possible bottom.
How to spot a Morning Star
- First, a long red candle in a downtrend.
- Second, a small-bodied candle (it can be any colour, or a doji) that shows the selling slowing.
- Third, a strong green candle that closes well into the first candle's body.
Memory tip: Red, tiny, green: the sun coming up.
What it usually means
Sellers push hard, then run out of energy, then buyers take over. The change takes three candles, which makes it slower but often clearer than a single-candle signal.
What traders wait for
The third candle already acts as the confirmation. Traders still often look for support nearby and put a stop below the pattern's low.
Common mistakes
- Calling it when the third candle is weak and does not reach into the first.
- Forgetting it needs a downtrend before it.
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Play Candlr freeQuestions people ask
What is a Morning Star candlestick?
The morning star is a three-candle pattern at the bottom of a decline: a big red candle, a small candle that shows hesitation, then a strong green candle. It suggests a possible bottom.
How do you spot a Morning Star?
First, a long red candle in a downtrend. Second, a small-bodied candle (it can be any colour, or a doji) that shows the selling slowing. Third, a strong green candle that closes well into the first candle's body.
Is a Morning Star bullish or bearish?
It is usually read as bullish (a possible move up). Sellers push hard, then run out of energy, then buyers take over. The change takes three candles, which makes it slower but often clearer than a single-candle signal.
Is a Morning Star reliable on its own?
No pattern is a guarantee. The third candle already acts as the confirmation. Traders still often look for support nearby and put a stop below the pattern's low. Always decide your risk before you act, and treat patterns as clues, not predictions.
Related patterns
- Hammer A small body with a long lower wick after a drop. Sellers pushed price down but buyers pulled it back up.
- Inverted Hammer A small body with a long upper wick after a drop. Buyers are starting to test higher prices.
- Bullish Engulfing A green candle whose body fully covers the previous red body. Buyers took over.
- Evening Star A big green candle, a small indecisive one, then a strong red candle. A possible top.
Candlr is educational. Candlestick patterns describe what price did, they do not predict what it will do next, and nothing here is financial advice. Trading involves a high risk of loss.