Morning star
A three-bar shape: a long fall, a small bar, then a long rise.
Candlestick patternsBest on 3M, 6MAlso called morning star
What it shows
The morning star has three bars. Bar 1 is a long down bar. Bar 2 is a small bar that gaps below bar 1. Bar 3 is a long up bar that closes above the midpoint of bar 1.
The small middle bar is the 'star'. The shape shows a pause between a fall and a rise.
How we find it
The same code that draws it on your chart follows these steps, with the same result every time.
- Bar 1: long down bar after a fall.
- Bar 2: small body, below bar 1's close.
- Bar 3: long up bar.
- Bar 3 close > midpoint of bar 1's body.
Starting values: Bars 3; Close above bar 1 midpoint. These are proposed and will be tuned on real price data before launch.
How to read it
- The gold zone covers the three bars.
- The small middle bar is the star.
- The third bar rises into the first.
Status labels you may see
| Label | What it means |
|---|---|
| Today | Rule met with the last three bars. |
| Recently | Within the last 5 bars. |
| None | Not found. |
What cancels it
Nothing cancels it.
What traders check next
- Size of bar 3.
- Volume.
- Next bar.
Limits
- Rare, so small samples.
- Gap rules vary.
- Outcomes vary.
Try it in forecastviz
- Open any ticker and choose Candlestick patterns → Morning star in the left menu.
- Switch between 3M, 6M to see how the picture changes.
- Compare with Evening star and Bullish engulfing on the same chart.
Questions
Why 'morning'?
The star appears before the sun rises.
Mirror?
The evening star.
Related trends
Further reading
- Nison, Japanese Candlestick Charting Techniques
- Bulkowski, Encyclopedia of Candlestick Charts
- Morris, Candlestick Charting Explained
Educational only. Not financial advice, and not a price forecast. Charts are drawn by code from past price data, which may be delayed.