Evening Star Candlestick Pattern:
Bearish Reversal Candlestick pattern formed by the combination of three candlestick after the end point of uptrend market.
- An Evening Star is a pattern used by technical analysts to predict future price declines.
- Although it is rare, the Evening Star pattern is considered a reliable technical indicator.
- The Evening Star is the opposite of the Morning Star pattern. The two are bearish and bullish indicators, respectively.
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