Evening Star Bearish Gold Candles Pattern

Evening Star Candle Pattern

Evening Star Candlesticks Pattern is the opposite of the Morning Star Candles Pattern

Evening Star Candle Pattern - How to Trade Evening Star Candles Patterns - How to Analyze Evening Star Candlesticks Pattern

Evening Star Candle Pattern

Evening star candles pattern is a 3 day bearish reversal gold pattern.

First day is a long white candlestick.

Second day is the evening star that gaps away from the long white candlestick.

Third day is a long black candle which fills the gap.

The filling of the gap & closing of the black candlestick below the gap is a strong bearish xauusd trading signal.

Traders should open a sell gold trade once the xauusd market closes below the gap formation of Evening star candles pattern. This is the confirmation signal of a sell signal generated by this Evening star candle sticks pattern.