What is the morning star pattern?
The morning star is a bullish candlestick pattern. Three candles: a long red, a small indecisive body gapping lower, then a strong green pushing back into the first.
How does the morning star form?
Three bars: a long red one, then a small-bodied bar that gaps or stalls below it, then a strong green bar closing well back into the first bar's range.
How do you confirm a morning star?
How deep the third bar closes into the first is the measure. Past the midpoint is a different statement from a token bounce.
When does the morning star fail?
It fails when the third bar is small. The middle bar's indecision never gets resolved, and the sequence becomes a pause rather than a turn.
No chart pattern works every time. The examples on this page were chosen because they show the pattern clearly, and in real markets patterns fail often.
Practice on real charts
3 real examples of the morning star, cut off where the pattern completed. Make your call, then see what happened.
The shaded area is a morning star. Where did price go next?
