Reversal Stock Indices Candlestick Patterns - Evening Star Candle Pattern

Evening Star Candle Pattern

Evening Star Stock Indices Candles Pattern is the opposite of the Morning Star Candles Pattern

How to Trade Evening Star Candles Patterns - How to Interpret Evening Star Candlesticks Pattern

Evening Star Candlestick Pattern

Evening star candles pattern is a 3 day bearish reversal indices pattern.

First day is a long white candle stick.

The second day is evening star that gaps away from the long white candlestick.

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

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

Traders should open a sell indices trade once the stock indices market closes below gap formation of the Evening star candles pattern. This is the confirmation signal of a sell stock indices signal generated by this Evening star candle sticks pattern.