Candlestick Patterns→ Pattern Detail
Evening Star
A three-candle bearish reversal pattern at resistance
An evening star is a three-candle pattern: (1) large bullish candle, (2) small-bodied candle showing indecision, (3) large bearish candle. It signals the end of an uptrend and potential reversal down.
✓How to Recognize
- •Three-candle formation at resistance
- •First candle: large bullish
- •Second candle: small body (star)
- •Third candle: large bearish closing into first candle
⚡How to Avoid
- →Must appear at resistance after advance
- →Third candle should close below midpoint of first
- →Gap between candles adds strength
- →Volume should increase on third candle