Education | Technical Indicators | Candlesticks | Chart Patterns

Evening Star

The Evening Star is a bearish reversal pattern. It's made of a long white body followed by a small body which gaps higher, which makes the price gap higher on the open, with a small range. The third day is a black body which opens lower and close much lower.

Recognition Criteria:

• The first day is a long white day.
• The second day gap higher from the first day.
• The third day is a long black day and close below the midpoint of the first white day.

(Confirmation is suggested.)

Index | Previous | Next