The Gravestone Doji is usually very rare. The name was formed as the candle, previous candles, and new downtrend candles making it looks like a gravestone on a hill.
Shooting Stars are often used with confluence to identify “bull traps” in the market.
The Hanging Man is used with confluence to identify “bull – traps” in the market.
The second candle stick being the “inside candle,” gave this pattern its name.
This pattern is an extension of the Bullish Engulfing pattern.
The Three Line strike can be tricky due to the quick correction and is one of the only Four Candle Patterns we use.
The Three White Soldiers have a direct opposite bearish pattern called The Three Black Crows.
The name for this pattern was derived from the clear gaps that exist between the two candle bodies and Doji pattern.
It is scarce to have candle gaps in trading. Thus, it is accepted that as long as the Candle Body description and Modus Operandi are met, the pattern will be classified as a valid morning star pattern.
The Tweezer Bottom is also referred to as “Tweezers” amongst traders.