Standard Form
Morning Star Diagram:
- Day One: The stock price is in a downtrend, showing a bearish candle, indicating strong bearish forces in the market.
- Day Two: A gap down occurs, forming a small bearish or bullish candle with a very short body, or even a doji, indicating a weakening of bearish forces and a stalemate between bulls and bears.
- Day Three: A bullish candle appears, and its closing price penetrates deeply into the body of the bearish candle from Day One, showing that bulls are starting to gain the upper hand, and there is a trend reversal upwards.
Special Form
- Morning Doji Star: The star line on the second day is a doji, meaning the opening and closing prices are the same or very close, and its reversal signal is stronger than that of a regular morning star. #ETH持续飙升