Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Morning Star

The Morning Star is a bullish reversal pattern consisting of three candles. Between the first large red candlestick and the second small-bodied candle (star), there is a gap. The third large white body moves inside the body of the first candlestick. The ideal Morning Star has a gap before and after the second body.

Evening Star

The Evening Star is a bearish equivalent of the Morning Star and it appears during an uptrend or after it. Day 1 is a large white candlestick followed by a star. The body of a star is gapped from the previous day’s body. The first sign of indecision in the market is the small-bodied star formation. The next day, there is a gap down and the pattern is completed with even lower close price. Just like the Morning Star, the Evening Star should have a gap between the first and second bodies and a gap between the second and third bodies.

Pattern formation

During a downtrend in the market, a long red candlestick is formed confirming the trend continuation. At the session’s opening the next day, there is a price gap down, trading is carried out in a narrow range, and the session ends close to the opening price. The next day, trading starts with a gap up and the session is closed at a higher price. An important trend reversal appears.
The Evening Star pattern development is the opposite of the Morning Star scenario.

Pattern flexibility

There are two gaps in these star patterns: one between the first candlestick and the star and the other gap between the star and the third candle. Traders should be cautious with the second gap.
If the close price of the third candle is deep in the body of the first candle, then a stronger movement can follow, especially in case of a high trading volume on Day 3. Sometimes, Day 3’s close price exceeds the center of the first candle.

Pattern development

The Morning Star pattern could develop into the Hammer or the Paper Umbrella, thus confirming the bullish sentiment of the pattern.
The Evening Star pattern could develop into the Shooting Star that is viewed as a bearish candlestick and proves the bearish sentiment of the pattern.
The following patterns are close to the Morning Star and the Evening Star: Abandoned Baby, Morning Doji Star, Evening Doji Star, and Three Stars.

Morning Star
Morning Star
Evening Star
Evening Star


Back to the list