Beware the Morning Star Trap!

The Morning Star candle pattern is famous for signaling a bullish reversal, but many traders fall victim to a sneaky twist—the Morning Star Candle Trap. It looks like a perfect buy signal: a downtrend, a small indecisive candle, then a strong bullish candle. Sounds ideal, right? Not always. Sometimes, the price tricks you by reversing back down right after, trapping hopeful buyers in losing trades. Want to avoid this costly mistake? Always wait for extra confirmation before jumping in. In trading, patience isn’t just a virtue—it’s your best weapon against traps like this!$ETH