Morning Star & Evening Star Candlestick Patterns

Date: 9-Nov-26

Morning Star Candlestick Pattern (Bullish Reversal)

The Morning Star is a three-candle bullish reversal pattern in technical analysis. It indicates that selling pressure is weakening and buyers may be taking control. It generally appears after a significant downtrend or price decline.

Evening Star Candlestick Pattern (Bearish Reversal)

The Evening Star is a three-candle bearish reversal pattern in technical analysis. It indicates that buying pressure is weakening and sellers may be taking control. It generally appears after a strong uptrend or significant price rise.

Criteria to find right Morning Star & Evening Star

Morning Star	Evening Star
Morning Star should be formed after at least 5 candle downtrend or 15% down from the recent top	Evening Star should be formed after 5 candle or more in uptrend or 15% up from recent down
First candle should be red	First candle should be green
Second candle colors doesn’t matter	Second candle colors doesn’t matter
Second candle body (without wick) must be Doji or max 8-10% of first candle body (without wick)	Second candle body (without wick) must be Doji or max 8-10% of first candle body (without wick)
Third candle must be green	Third candle must be red
Third candle body size (without wick ) should be near about first candle	Third candle body size (without wick ) should be near about first candle
Second candle should always have gap down from first candle	Second candle should always have gap up from first candle
Third candle should always gap-up from second candle	Third candle should always gap-down from second candle
Buy on next candle formed after third candle	Sell on next candle, after closing the third candle
Set stop loss below the lowest wick of these candles	Set stop loss above the highest wick of these candles

Disclaimer: The information provided here is for educational and informational purposes only and should not be construed as financial, investment, or legal advice. Always do your own research and consult with a SEBI-registered financial advisor before making any investment decisions. Investments in the financial markets are subject to risks, including the risk of loss of principal.