What Happens after an Evening Star Candlestick? - Is Evening Star Candlestick 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 pattern is a 3 day bearish reversal pattern.

First day is a long white candle.

The second day is Evening star that 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 signal.

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.