The Morning Star, also known as the "Dawn Star", "Morning Star" and "Hilary Star", is a K-line combination form consisting of three K-lines. It is a form in which the market turns from bottom to top.
attention should be paid to the morning star if it appears in the downward trend, because the trend has sent a clear reversal signal at this time, which is a very good buying opportunity.
Morphological characteristics are as follows:
1. In the downward trend, a long cloudy entity with strong selling pressure appears one day, indicating that the short-term trend may still be downward and the downward trend may continue.
2. On the second day, a cross or stalk with a downward gap and a low opening appeared, and the highest price may be lower than the lowest price on the first day, resulting in a gap with the negative line on the first day, indicating that the decline and amplitude have slightly contracted, which may bring a signal of improvement. The location of the specific second K-line is sometimes different, which requires flexible grasp.
3. On the third day, a Changyang entity appeared, with strong buying, indicating that the market situation has improved and gradually recovered lost ground.