Recently, I was reviewing my charts on H4 and D1, and I came across that pattern again—one that always works well when you execute it patiently: the Morning Star. It's interesting how many traders ignore these patterns or treat them as minor, when in reality, their reliability is incredibly high if you know what to look for.



The structure is simple but powerful. Three candles that tell a complete psychological story. The first is a long red candle, the bears have full control. Then appears that small-bodied candle, a doji or spinning top, sometimes with a gap. That’s where you see real indecision—the downward momentum is broken. And then comes the third candle, a long green one, closing above 50% of the first candle’s body. That’s when you know the momentum has shifted.

Now, here’s the key point where most fail: you must wait for the third candle to close completely. I’ve seen too many traders enter during the second candle or even halfway through the third and end up liquidated. It’s frustrating to see, but that’s the reality of trading.

My strategy is straightforward. The entry point is just as the third candle fully closes. The stop loss is safely placed below the lowest wick of the second candle, nothing more. If the third candle ends completely above the first candle, the pattern is even more reliable, so that’s the extra confirmation level I look for.

What’s interesting is that when you find this pattern in strong support zones, the probability increases significantly. It’s as if the market is sending a very clear message. The Morning Star trading pattern isn’t rocket science, but it requires discipline and patience.

Of course, news is there for reference, but it’s not the core of the decision. Read carefully before acting, because the market doesn’t forgive improvisation.
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