Introduction: What is the Morning Star Pattern?

In candlestick trading, the Morning star pattern is a bullish reversal pattern. It consists of three candlesticks, the first one being a large red candle, the second one being a small green candle, and the third one being another sizeable green candle. The pattern can be considered complete when the formation's third candlestick closes at least above the midpoint of the first two candles.

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