Japanese star candles

By this name I no longer refer to a single candle, but to a whole combination of candles existing under certain conditions.

The “Star” candle has a small body; when it is formed, there must be a price gap with the previous candle ( gap ).

It is this phenomenon that gives more weight to the newly formed candle.

Ideally, the price gap should exceed the shadow value, but this is not a prerequisite for identifying a Japanese candlestick.

Stars belong to candlestick reversal patterns, which only emphasizes their value; the signal is strengthened if the formed candle has a different direction of movement from the previous one.

For example, in an uptrend, the closing price is 1.2000, the next candle opens at 1.2010 and closes at 1.1990, which serves as a signal of the possible start of a downtrend.

The main options for stars that are most often distinguished are graphs are:

The morning star is a signal for the emergence of an upward trend in a downward trend.  

The evening star is a signal for the emergence of a downward trend in an uptrend.

The use of such combinations gives good results when trading on Forex, the main thing is that all the described conditions are met when forming them.