Morning Star is a bullish reversal candlestick pattern

The Morning Star is a bullish reversal candlestick pattern that typically forms after a sustained downtrend, indicating a possible shift in momentum from sellers to buyers. It consists of three candles: a strong bearish candle, a small-bodied candle showing indecision, and a strong bullish candle that closes well into the first candle’s body. The pattern suggests that selling pressure is weakening and buyers are gradually gaining control. When it forms near an important support zone, trendline support, or previous breakout level, especially with rising volume, it can provide stronger confirmation of a potential reversal. Traders generally look for confirmation through subsequent price action before considering a bullish move.