1. A Morning Star candlestick pattern on higher time frame (Weekly), therefore the reliability/accuracy of this pattern is much higher and its formed near support level. 2. Its strong trend reversal pattern and can be a trade with small risk and higher reward.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.