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Bullish Star Candlestick Pattern

A Two-Candle-Stick Pattern The bullish star pattern forms after a decline of price. The price decline is characterized by a moderate to large  bearish candle. The next day's candle can be either bearish or bullish but is shorter than the first candle indicating that the bulls are entering a position. This pattern is a moderate signal of a bullish price reversal.     more candlestick pattern resouces

SPY (S&P 500 Trust Series ETF.) developed a bullish star candlestick pattern on Oct. 2, 2009 .  SPY's price went from $102.00 on Oct 2, 2009 to $109.00 on Oct 15, 2009.  An 8% increase.