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Evening Star

Hit Rate:

71 %

Candle Count:

3 Candles

Outlook:

Bearish Reversal

About the Pattern:

  • the first candle is bullish

  • the third candle is bearish

  • the second candle has a small body compared to the others

  • the color of the second candle doesn’t matter

  • ideally, the body of the second candle shouldn’t overlap with the bodies of the other two candles

Outlook:

  • the end of an uptrend and start of a downtrend

  • the end of a pullback, resuming a downtrend

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