Evening star trading pattern
The evening star is cousin to the evening doji star, but I'll guess you already knew that. The difference is in the star, which is the middle candle of the three candle pattern. The difference is in the star, which is the middle candle of the three candle pattern. At the top of the metaphorical mountain, however, an Evening Star candlestick pattern occurs. A long white candle continues the ascension, a doji tops off the uptrend, and it is followed by a long red candle that closes below the first candle's midpoint. Since this Evening Star contains two gaps, the likelihood of a reversal is strong. A morning star is a visual pattern consisting of three candlesticks that is interpreted as a bullish sign by technical analysts. A morning star forms following a downward trend and it indicates the start of an upward climb. It is a sign of a reversal in the previous price trend.