What's an Evening Star Candles Pattern in XAUUSD?

Evening star Candlestick is the opposite of the morning star candlesticks pattern setup

What Does Evening star Candle Mean? Evening star Candlestick Definition

What's an Evening Star Candlestick in XAUUSD? - Evening Star Candle Pattern

Evening Star Candle Pattern

Evening star candlesticks pattern is a 3 day bearish reversal pattern.

The first day is a long white candle.

Second day is the evening star which gaps away from long white candle.

Third day is a long black candlestick that fills the trading gap.

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

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