Reversal Candle Setups - Evening Star Candle Pattern

Evening Star Candlestick Pattern

Evening Star Candles Pattern is the opposite of the Morning Star Candles Pattern

Evening Star Candlestick Setup - How to Trade Evening Star Candles Setup Patterns - How to Analyze Evening Star Candlesticks Pattern

Evening Star Candle Setup

Evening star candles pattern setup is a 3 day bearish reversal gold pattern.

The first day is a long white candlesticks.

Second day is the evening star that gaps away from long white candlestick.

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

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

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