📘 Lesson 7 | Morning Star and Evening Star Pattern 🌟
Are you looking for a pattern that gives you a strong signal for a trend reversal?
📉 Is the trend over? 📈 Is it time to enter?
Here are two stars, don't miss the opportunities:
Morning Star and Evening Star.
-
🌅 Morning Star
📍 A bullish reversal pattern consists of:
1️⃣ Strong Bearish Candle
2️⃣ Small Candle (Doji or Hammer)
3️⃣ Strong Bullish Candle closing within the body of the first candle
✅ Often appears after a downward trend
✅ Indicates strong buyer entry
-
🌆 Evening Star
📍 A bearish reversal pattern consists of:
1️⃣ Strong Bullish Candle
2️⃣ Small Candle (Doji or Shooting Star)
3️⃣ Strong Bearish Candle closing within the body of the first candle
✅ Often appears after an upward trend
✅ Indicates seller dominance and the beginning of a decline
-
⚠️ Important Notes:
Do not rely on the pattern alone, use it with support and resistance
It’s best to see it on a 4H or Daily timeframe
Use RSI or MACD to confirm the trend
-
📊 Real Example:
Appeared on the currency /USDT$ETH
Look for it in your charts to enhance your experience
---
🧠 Summary:
Morning Star = Buying Opportunity 📈
Evening Star = Selling Opportunity 📉
Learn to read it = stay one step ahead of the market ✅
Another example $SOL
