πŸ“… Calendar Room
Technical AnalysisBearish PatternsEvening Star
πŸ”΄ Bearish PatternsIntermediate

Evening Star

The Evening Star is the exact opposite of the Morning Star and one of the most powerful three-candle bearish reversal patterns.

Category
Bearish Patterns
Difficulty
Intermediate
Signals
4 setup
Mistakes
2 to avoid
[ VISUAL SCHEMA ]
Evening Star pattern visualization

Realistic chart representation

[ USAGE CONTEXT ]

Look for this pattern at the end of a consolidated uptrend, preferably on a key resistance level. Do not trade against the long-term trend.

What is the Evening Star pattern?

The Evening Star is the exact opposite of the Morning Star and one of the most powerful three-candle bearish reversal patterns. It forms at the end of an uptrend: (1) large bullish candle, (2) small candle or doji with gap up, (3) large bearish candle that closes at least 50% into the first candle's body. It represents the progressive transfer of control from buyers to sellers.

How do you trade Evening Star?

Like the Morning Star but reversed: - Candle 1: Large bullish β€” dominant buyers - Candle 2: Small/Doji with gap up β€” uncertainty at the top - Candle 3: Large bearish that closes > 50% into Candle 1 β€” sellers take control Ideally, find this pattern on a significant resistance (previous high, Fibonacci level, upper Bollinger band). Increasing volume on Candle 3 is of crucial importance.

Why does the Evening Star pattern work?

The Evening Star is the bearish counterpart of the Morning Star β€” a three-candle reversal pattern that appears at the end of an uptrend. The first candle is a large bullish candle (buyers dominant), the second is a small candle or doji that gaps up (uncertainty and momentum loss), and the third is a large bearish candle that closes at least 50% into the first candle's body (sellers take control).

The pattern narrates a complete psychological transition from bullish confidence to bearish takeover. The first candle shows buyers in full control. The second candle shows the first sign of doubt β€” the small body indicates that buyers can no longer push price higher with the same conviction. The gap up (when present) shows a final bullish attempt that fails. The third candle is the confirmation: sellers erupt with force, erasing more than half of the first candle's gains.

The Evening Star's reliability depends on the same factors as the Morning Star: the size contrast between candles, the presence of gaps, and the volume profile. The third candle should have high volume (2-3x average) to confirm the bearish conviction. The deeper the third candle closes into the first candle's body, the more reliable the pattern. On Daily and Weekly timeframes, the Evening Star is one of the most trusted bearish reversal signals, especially when it forms at major resistance levels or Fibonacci extensions.

[ RELATED CONTENT ]
Indicators:Fibonacci
Technical Analysis:Morning StarDoji
Glossary:Fibonacci

We (www.marketpedia.eu) and selected third parties (1) collect personal information as specified in the privacy policy and use cookies or similar technologies for technical purposes and, with your consent, for measurement and β€œmarketing (personalized ads)” as specified in the cookie policy.

With respect to advertising, we and 1233 selected , may use precise geolocation data, and identification through device scanning in order to store and/or access information on a device and process personal data like your usage data for the following : personalised advertising and content, advertising and content measurement, audience research and services development.

You can freely give, deny, or withdraw your consent at any time by accessing the preferences panel. Your choices apply only to this domain. Denying consent may make related features unavailable.

Use the β€œAccept” button to consent. Use the β€œReject” button to continue without accepting.