The morning star is a bottom reversal pattern. Its name is derived because, like the morning star that foretells the sunrise, it presages higher prices. There are three candle lines comprising this pattern:

• Candle 1. An extended black real body. This pictorially proves that the bears are in command.
• Candle 2. A small real body that doesn't touch the prior real body. The small real body means sellers are loosing the capacity to drive the market lower.
• Candle 3. The concluding candle of the morning star is a white real body that intrudes deeply into the first session's black candle. This is the indication that the bulls have seized control.