Evening star candlestick pattern #stockmarket #candlestickpattern #viralvideo #trading
Evening star candlestick pattern #stockmarket #candlestickpattern #viralvideo #trading The Evening Star candlestick pattern is a bearish reversal pattern that typically appears at the top of an uptrend. It signals that the upward momentum is weakening and a potential downtrend is about to begin. It consists of three candlesticks: First Candle (Bullish) – A large green (or white) candle indicating strong buying pressure. Second Candle (Indecision) – A small-bodied candle (either bullish or bearish, or even a Doji) that gaps up, showing uncertainty in the market. Third Candle (Bearish) – A large red (or black) candle that closes deep into the body of the first candle, confirming the reversal. Appears after an uptrend. The second candle gaps up, showing hesitation from buyers. The third candle closes below the midpoint of the first candle, confirming the bearish reversal. Higher reliability when accompanied by high trading volume on the third candle. #shorts #short #shortsfeed #youtubeshorts #trending #viralshorts #shortsvideo #shortvideo #youtubeshort #viral #viralvideo #ytshorts #evening star candlestick pattern #evening star candle pattern #evening star candlestick pattern in hindi #evening doji star candlestick pattern