Morning Star – Coal India – EQSIS PRO

Rohini R, July 21, 2019, DOJI

Noticed the below;

1. Down trend

2. Bearish candle

3. Gap down

4. Small bullish / bearish candle

5. after [ small bullish / bearish candle] next day candle should be gap up with bullish candle.

2 Comments

Naresh 5 years ago

Hi,
The Morning star is a bullish reversal pattern, especially if confirmed by the higher volume. Refer the attachment screenshot

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Rohini R 5 years ago

Hi Naresh,

Noted and thank you.

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