Morning & Evening
Star

Star pattern candlesticks consists of three candles and can appear after a particular trend. Star candles are small-bodied candles that have a gap up or down from the previous candle on the chart. They can signal a strong reversal in the trend

For a star candlestick pattern, the middle candle should open with a gap up or down depending on the trend.

There are two variants of Star candlestick pattern

  1. Morning Star Candlestick

    A Morning Star candlestick pattern is a bullish reversal pattern that consists of three candles. The first candle is a large bearish candle, indicating a downtrend.

    The second candle is a small-bodied candle that gaps down from the first candle. This shows that the bears are still in control, but the selling pressure is weakening.

    The third candle is a large bullish candle that opens above the second candle's close, indicating that the bulls have taken control and the trend may be reversing.

    • the Morning Star pattern suggests that a downtrend is losing momentum and that a new uptrend is beginning.
    • The Morning Star candlestick pattern is a bullish trend reversal pattern.
    • New position can be taken when the fourth candle opens in green, confirming the bullish trend.
    • The bottom of the second candle can be used as a Stop Loss.
    • After the bullish action, there is a high chance that market may retrace back to the same level for price correction.
    • It's important to wait for the fourth candle to confirm the trend before putting on the trade.
    Note: The Morning Doji Star and Bullish Abandoned Baby candlestick patterns work the same way as the Morning Star pattern, except for one difference: the size and shape of the middle candle in the pattern is different.

  2. Evening Star Candlestick

    An Evening Star candlestick pattern is a bearish reversal pattern that consists of three candles. The first candle is a large bullish candle, indicating an uptrend.

    The second candle is a small-bodied candle that gaps up from the first candle. This shows that the bulls are still in control, but the buying pressure is weakening.

    The third candle is a large bearish candle that opens below the second candle's close, indicating that the bears have taken control and the trend may be reversing.

    • Evening Star Candlestick is a pattern that suggests a reversal from a bullish to a bearish trend.
    • Trader can enter a short position when the fourth candle opens in red, confirming the bearish trend.
    • The top of the second candle is can be the strong Stop Loss, which is the price at which you will exit the trade if the market moves against you.
    • After the bearish action, the market may retrace back to the same level for price correction.
    • It is important to wait for the fourth candle to confirm the pattern before putting on the trade.
    Note: The Evening Doji Star and Bearish Abandoned Baby candlestick patterns are similar to the Evening Star pattern in that they follow the same rules. However, the only difference is with the second middle candle's body and size.



The Star patterns can be ambiguous at times, making it difficult to determine if the signal is valid or not. For example, the middle candle may not be a Doji, making it harder to identify the pattern.

The Star patterns works well in trending markets but may not be as effective in ranging or choppy markets, leading to false signals.

Example-1 : Morning Star with entry, stoploss and target

Example-2 : Morning Doji Star

Example-3 : Morning Doji Star retracing moving average

Example-4 : Morning Star at down trend

Example-5 : BULLISH ABANDONED BABY

Example-6 : Evening star

Example-7 : Evening Star

Example-8 : Evening Doji Star

Example-9 : Evening Star at sidewave market

Example-10 : Morning Star

Example-11 : Formation of Evening Star at up trend

Example-12 : Evening Star



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