Evening Star

Anatomy

Candle one is a large green body extending the uptrend. Candle two is a small body (or doji) that gaps or stalls higher — the "star". Candle three is a large red body that closes well into the first candle’s body.

Market psychology

It mirrors the morning star: strong buying, then a stall where conviction fades, then sellers seizing decisive control. The middle candle marks the exhaustion of the advance.

When it matters

Most reliable after a clear uptrend and at or near resistance. The deeper the third red candle closes into the first green body, the stronger the top signal. Rising volume on the third candle helps.

Common beginner mistakes

• Labeling any three-candle stall a top — the third candle must close meaningfully back into the first body.
• Ignoring the trend; an evening star only signals a top if there was an uptrend to reverse.

Frequently asked questions

Is the evening star a strong reversal signal?

It is one of the more respected three-candle tops, especially at resistance after an extended uptrend with the third candle closing deep into the first body. Like any pattern, it is weaker without context and confirmation.

What is an evening doji star?

It is an evening star whose middle candle is a doji rather than a small body. The doji middle shows even cleaner indecision at the top and is generally treated as a slightly stronger variant.