What's an Evening Star Candlestick in Oil Trading?

Evening star Candlestick is the opposite of the morning star oil trading candlestick pattern

What Does Evening star Candle Mean? Evening star Candle Definition

What is an Evening Star Candlestick in Oil Trading? - Evening Star Oil Candle Pattern

Oil Trading Candles Pattern

Evening star crude oil candles pattern is a three day bearish reversal oil trading pattern.

The first day is a long white candle.

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

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

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

Traders should open a sell oil trade once the crude oil market closes below the gap formation of the evening star crude oil candlestick pattern. This is the confirmation signal of a sell oil signal generated by this oil Evening star candle-sticks pattern.