Evening Star
Submitted by administrator on Mon, 2006-01-09 17:24.

The evening star is the bearish counterpart of the morning star pattern. It is aptly named because the evening star appears just before darkness sets in. Since the evening star is a top reversal, it should be acted upon if it arises after an uptrend.
Some factors increasing the likelihood that an evening or morning star could be a reversal would include:
- If there is no overlap among the first, second and third real bodies.
- If the third candle closes deeply into the first candle's real body,
- If there is a light volume on the first candle session and a heavy volume on the third candle session. This would show a reduction of the force for the prior trend and an increase in the direction force of the new trend
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