How to Read Evening Star Candles Pattern

How to Read Evening Star Candlesticks Pattern?

Evening Star Candlestick Pattern

Evening star candles pattern is a 3 day bearish reversal indices pattern.

First day is a long white candle stick.

The second day is the Evening star that gaps away from the long white candlestick.

Third day is a long black candle which fills the gap.

Filling of the gap & closing of the black candlestick below gap is a strong bearish Indices signal.

Indices Traders should open a sell indices trade once the stock indices market closes below gap formation of the Evening star stock indices candles pattern. This is the confirmation signal of a sell stock indices signal generated by this indices Evening star candlestick pattern.

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