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Evening Star Bearish Pattern

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Evening Star Bearish Pattern

Evening Star Bearish Pattern Basic Info

Evening Star is a major top reversal pattern formed by three candlesticks. The first candlestick is a long green body; the second one is a small real body that may be white or red. It is characteristically marked with a gap in higher direction thus forming a star.

How to recognize Evening Star Bearish Pattern

1. Market is Bullish – uptrend.
2. We see a long green candlestick in the first day.
3. Then we see a small candlestick on the second day with a gap in the direction of the previous uptrend.
4. Finally we see a black candlestick on the third day.

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