Trade Forex Trading

What Happens after an Evening Star Candlestick? - Is Evening Star Candlestick Bullish or Bearish?

What Happens after an Evening Star Candlesticks Setup? - Is Evening Star Candle-stick Pattern Bullish or Bearish?

What Happens after an Evening Star Candlesticks Pattern? - Evening Star Bearish Candles Pattern

Analysis of Evening Star Candle Pattern

Evening star candlesticks setup is a three day bearish reversal pattern.

First day is a long white candle.

The second day is Evening star which gaps away from the long white candle.

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

The filling of the trading gap and closing of the black candlestick below the gap is a strong bearish.

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

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