Evening Star
- Type: Reversal
- Relevance: Bearish
- Prior Trend: Bullish
- Reliability: High
- # of Sticks: 3
Definition:
Much like the Evening Doji Star this pattern is a 3 candle reversal but instead of the turn being marked by a Doji, it is marked by a small bodies star that can close up or down. The key is a small body and relatively short shadows which denote indecision. The confirmation candle body or shadows may overlap the star but the first down candle should not.