• Deepak

Demand and Supply - Basics - Candlestick reversal patterns - Morning / Evening Star

•This pattern is made by a doji pin bar sandwiched between two full-bodied candles.


•Demand / Supply psychology (Morning Star) –


- Market is in down trend making lower lows

- In its final push it catapult with force pulling in more sellers

- Next candle price opens lower and buyers emerge. They don’t allow the sellers any further ground making a doji

- Finally sellers loose hope by next candle and buyers make a sharp comeback


•This pattern has higher probability of winning when seen at previous support / resistances and with high volumes on first and second candle.




6 views0 comments

Recent Posts

See All

Market Review Session

Market Review Session for Index and F&O stocks based on the daily closing. Link to join - https://us02web.zoom.us/j/89659875390?pwd=TnJ1cmhFbVJuM2h4R3hicFppcUhzZz09 Time - Everyday at 8 PM ( Monday to