Forexgen and the Morning Star is a reversal pattern which is composed of a long black body, a star gaps away from the black body, and a long white body. The third candle is the confirmation of the reversal. It is named because it appears in the morning before the sun rises.
Recognition Criteria:
- The first day is a long black day.
- The second day is a star gaps away from the first day.
- The third day is a long white body that gaps up from the prior star.
No comments:
Post a Comment