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Evening Star

An evening star is a three-candle bearish reversal pattern. It shows buying pressure, a pause, and then a stronger seller response.

At A Glance

Name: Evening Star
Category: Bearish Candle Patterns
Type: Bearish Reversal
Number of candles: 3 candles
Typical context: After an up move, breakout attempt, or push into resistance.

How To Identify It

Body: First candle is a strong green body, second is small, third is a strong red body.
Wicks: The middle candle may have wicks, but its small body is the main pause clue.
Relationship: The third candle pushes back into the first candle range after the small middle candle.

Look for a strong green candle, a smaller middle candle that shows hesitation, and a red candle that pushes back into the first candle range. The third candle is what makes the shift visible.

Context

Evening star behavior is most useful when it appears after a clear move higher.

Evening stars matter most after a run up, near resistance, or after an extended move. The pattern is less useful when it forms inside a tight sideways range without a clear prior push.

What It Shows

The first candle shows buyers pressing. The middle candle shows that buying slowed. The third candle shows sellers stepping in strongly enough to take back part of the move.

What To Watch Next

Watch whether price stays below the third candle body and avoids reclaiming the middle candle area. That middle candle high becomes an important reference.

The read weakens if price reclaims the third candle body or moves back above the middle candle. That means the seller response did not hold.

Common Confusion

Do not confuse the small middle candle alone with the pattern. The three-candle sequence is the pattern.

Key Takeaway

An evening star shows a shift from buying pressure to seller response across three candles, especially after strength.