Tuesday, March 16, 2010

Evening Star Candlestick Pattern

Very much like the evening doji star, the evening star consists of a positive candlestick followed by a small body candlestick poised above the first candle, and one last candlestick that opens lower and declines deep into the first candlestick. This candlestick pattern appears only at the top of charts.

Here is an example of the Evening Star candlestick pattern:



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