Japanese Candlesticks Guide #12
Evening Star
The Evening Star pattern often appears after an uptrend and consists of 3 candles.
The first is a strong bullish candle, the second is small and indicates hesitation, and the third is a strong bearish candle.
Its meaning is that the buyers’ strength weakened, then the sellers began to take control.
It is strongest at resistance or after an extended uptrend. Confirmation is important before entering.
Follow up so you don’t miss any new posts in the trading education series.
Educational content, not financial advice.
#TradingEducation #PriceAction #CryptoTrading
Evening Star
The Evening Star pattern often appears after an uptrend and consists of 3 candles.
The first is a strong bullish candle, the second is small and indicates hesitation, and the third is a strong bearish candle.
Its meaning is that the buyers’ strength weakened, then the sellers began to take control.
It is strongest at resistance or after an extended uptrend. Confirmation is important before entering.
Follow up so you don’t miss any new posts in the trading education series.
Educational content, not financial advice.
#TradingEducation #PriceAction #CryptoTrading
