Candlestick charts can be used for spotting potential market reversals. And one of the most common is the morning star, it is a bullish candlesticks reversal pattern that usually occurs at the bottom of downtrends. Many forex traders find this pattern reliable enough to consider it their ultimate favorite because it’s easy to spot and trade.
Today in this Episode, I will show you how to identify a morning star trade setup, where to place your stop loss and how to exit the trade profitably.
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