Morning Star

A three-candle bullish reversal pattern in Japanese candlestick charting. It consists of a long bearish candle, followed by a small-bodied candle that gaps down (the "star"), and then a long bullish candle that closes well into the body of the first candle. The pattern suggests that selling pressure has exhausted itself and buyers are taking control. Traders often look for confirmation through increased volume on the third candle before acting on the signal.