The morning star, is like the morning star doji, with one exception - there's no doji. Instead there is a spinning top in its place.
The message the pattern is throwing off is the same. The trend is losing strength and the bulls are taking over.
It's the spinning top that gets your attention, and then you get confirmation with an open that gaps up a bit, and then closes higher than the open.(Third candlestick)
The longer the last candlestick the more powerful the signal.
This candlestick pattern is very high probability.
Telechart PCF - C > L2 + (.5 * (H2 - L2)) AND H1 < H2 AND L1 <= L2 AND (O2 - C2) > .3 * (H2 - L2) AND (C - O) > .5 * (H - L) AND C2 < C3
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