Morning Star & Evening Star Candlestick Patterns

Morning star: the three candles

1. A long bearish candle continues the decline.
2. A small-bodied candle (the “star”) trades below the first candle’s body. It can be hollow or filled; if it’s a doji, the pattern is called a morning doji star.
3. A long bullish candle closes well into the first candle’s body, often above its midpoint.

The story: sellers were in control, then the market stalled (the star), then buyers took over strongly.

Evening star

The evening star is the same pattern upside down after a rise: a long bullish candle, a small star above it, then a long bearish candle that closes well into the first candle’s body.

Gaps

In the classic definition the star gaps away from the first candle’s body. In stocks, gaps between sessions are common. In forex and crypto, which trade continuously, real gaps are rare, so traders usually just look for a small star that sits beyond the first candle’s body.

Finding it on TradingView

TradingView has built-in candlestick pattern indicators that mark patterns on the chart for you. Click Indicators at the top of the chart and search for the pattern name. You can also practise spotting patterns on past price action with Bar Replay, which hides the candles to the right so you can’t see what came next.

Diagrams are illustrations drawn from example prices. Hollow candles closed higher than they opened; filled candles closed lower. ChartWatch doesn’t give trading advice.

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