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.)
Go to next candlestick