Back to Evening Star Pattern
Classic Evening Star
BearishVisual Example
Visual coming soon
Quick Summary
Shape
Three candles: bullish, small-bodied (gap up), bearish closing into first candle.
Common Trap
Not waiting for the third candle to confirm the pattern.
Context Rule
Reversal pattern at resistance after rally; gap and third candle strength matter.
When It Fails
- •Not at established resistance level
- •Third candle fails to close below midpoint of first
- •Low volume on third (confirmation) candle
- •No prior uptrend to reverse from
When It Works
- •At major resistance after extended rally
- •Gap between first and second candle present
- •Third candle closes well into first candle body
- •Volume increases on bearish third candle
Key Concepts
Understanding these methodology concepts will help you evaluate Classic Evening Star setups more effectively:
Training Note: Pattern variants are educational classifications. Real-world price action rarely matches textbook definitions exactly. Always evaluate patterns in context of regime, location, and volume. This is not trading advice.