The Final Candlestick pattern that every trader ought to know is the Morning/Evening Star

This pattern consists of three candles. The bullish version is the Morning Star where the first candle is a long red body, followed by a small body that pushes to a new low. Then, the third candle is a large green candle that returns close to the opening price of the first candle.

Together, the three candles in the Morning Star signal that a bullish reversal is beginning.

The Evening Star pattern is the opposite and signals a bearish reversal is starting. The distinct shape and length of the three candles make them easy to spot on the charts and a favourite among traders looking for trend reversals.

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