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The first candlestick of a morning star pattern is what?

a) Bullish and small-bodied
b) Bearish and long-bodied
c) Bullish and long-bodied
d) Doji candlestick

1 Answer

4 votes

Final answer:

The first candlestick of a morning star pattern is bullish and small-bodied.

Step-by-step explanation:

The first candlestick of a morning star pattern is bullish and small-bodied. A morning star is a three-candlestick pattern that forms during a downtrend and indicates a potential reversal. The first candlestick is usually a small-bodied candlestick that represents a period of indecision or hesitation in the market.

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