Morning star pattern is a bullish three period candlestick formation that consists of…
It is also a leading short-term reversal indicator.
Since morning stars are signals of a potential bullish reversal after a downtrend, they are helpful in confirming a significant bottom primarily when found near support. They are most useful in stop-loss placement with stops typically placed just below the completed formation.
In the above example we have two completed morning star formations which are followed by bullish market reversals.
Dial up our number and give us a call. We speak multiple languages, we probably speak yours, too.
Send us an email. We will get back to you with answers that can cover your questions 100%.
HIGH RISK INVESTMENT WARNING: Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings. There is a substantial risk that you may lose all of your initial investment. We advise you to consider whether trading leveraged products is appropriate for you in light of your own personal circumstances. We recommend that you ensure you fully understand all risks involved before trading. Trading through an online platform carries additional risks.
Restricted Jurisdictions: We do not establish accounts to residents of certain jurisdictions including Japan, Canada and the USA. For further details please see Terms & Conditions.
TRADELAB (PTY) LTD Relgulated with Registration license FSP 52058
Dial up our number and give us a call. We speak multiple languages, we probably speak yours, too.
Send us an email. We will get back to you with answers that can cover your questions 100%.
HIGH RISK INVESTMENT WARNING: Trading CFDs is highly speculative, involves significant risk of loss and is not suitable for all investors. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings. There is a substantial risk that you may lose all of your initial investment. We advise you to consider whether trading leveraged products is appropriate for you in light of your own personal circumstances. We recommend that you ensure you fully understand all risks involved before trading. Trading through an online platform carries additional risks.
Restricted Jurisdictions: We do not establish accounts to residents of certain jurisdictions including Japan, Canada and the USA. For further details please see Terms & Conditions.
TRADELAB (PTY) LTD Relgulated with Registration license FSP 52058
© 2024 tradefd
WhatsApp us