how reliable is a morning star pattern 
generally a morning star pattern is very reliable especially if it is incorporated with other technical indicators and further analysis of the asset it is also a pattern that is helpful to both beginner and professional traders the bottom linetechnical analysis uses historical data of an asset s price and volume to predict the future movement of the asset s price this data is displayed on charts allowing traders to visualize movements and entry and exit points the morning star is one pattern employed by technical traders that signals a bullish market 