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Morning Star

 

A Morning Star normally happens during a downtrend market. It is a bullish indicator. This Morning Star consists of a long red body, and then a short green body star and finally a long green candlestick body. The last long green body is the confirmation of the trend reversal that confirms the trend is now upwards and the closing point is higher than the midpoint of the long red candlestick body.

 

 

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