19 — Candlestick Patterns

Morning Star#

Bullish 3-Candle◐ Heuristic
◆ The PatternLong red → small star → long green — dawn after night

The Morning Star is a three-candle bullish reversal. First, a long red candle (sellers in control). Then a small-bodied "star" (indecision — sellers exhausting). Finally, a long green candle (buyers take over). Named because it appears before dawn — the trend's darkest point.

Red (long) → Star (small, gapped) → Green (long)
The star can be a doji (called a "Morning Doji Star") — this strengthens the signal.
// Morning Star formation
Key insight: The gap between the first candle and the star, and between the star and the third candle, adds to the signal's power — but the pattern works without gaps too.
Pattern bridge: A three-candle reversal: despair, indecision, hope. In ML, warmup schedules follow the same cold-start-to-recovery arc.
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