Is Evening Star Stock Candle Pattern Bullish or Bearish?
Evening Star Bearish Candlestick Pattern
Evening Star Stock Candlestick Pattern
Evening star candle-sticks pattern is a 3 day bearish reversal indices pattern.
First day is a long white candlestick.
The second day is Evening star that gaps away from the long white candlestick.
Third day is a long black candle-stick which fills the gap.
The filling of the trading gap & closing of the black candle below gap is a strong bearish signal.
Indices Traders should open a sell indices trade once the trading market closes below gap formation of the Evening star stock candlestick pattern. This is the confirmation signal of a sell stock indices signal generated by this trading Evening star candles pattern.