A three-candle bottoming pattern: a large red candle, a small indecisive candle, then a large green candle closing well into the first body.
The middle candle, the star, ideally gaps below the first and has a small body of either colour. The third candle should close at least halfway up the first red body, and ideally above it.
Read as a sequence: heavy selling, then a session where selling stops and nothing happens, then buyers stepping in with conviction. That three-step rhythm is why it is considered more reliable than single-candle reversals.
A morning-star with a doji as the middle candle is called a morning doji star and is regarded as stronger. Even so, expect a hit rate well under any guarantee; the pattern's value is that it defines a clean invalidation, the low of the star, from which you can size the trade.
Original diagrams for the ideas on this page. Illustrative, not real market data.
The parts of a candlestick. One candle sums up a slice of time: the thick real body runs from the opening price to the closing price, and the thin wicks reach out to the highest and lowest prices traded. Colour tells you which way the body ran.
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