Final answer:
The third bullish candle in the Morning Star pattern indicates confirmation of a trend reversal.
Step-by-step explanation:
The third bullish candle in the Morning Star pattern indicates a) Confirmation of a trend reversal.
The Morning Star pattern is a reversal pattern that appears at the end of a downtrend. It consists of three candles: a long bearish candle, a small bullish or bearish gap, and a long bullish candle. The third bullish candle signifies the potential reversal of the bearish trend and the start of a new uptrend.
For example, if the first two candles in the pattern show a strong bearish sentiment in the market, the third bullish candle can indicate that buyers are entering the market and reversing the downtrend.