3-candle pattern · bearish bias
Evening Star candlestick pattern
An evening star is a three-candle bearish reversal: a large green candle, a small candle that trades higher, and a large red candle that closes well into the first candle's body.
How to identify it
- A prior advance and a large green candle.
- A small-bodied candle trading above the first candle's body.
- A large red candle that closes below the midpoint of the first candle's body.
Where it matters: Appears after an advance, near a high.
What it means
Buying, then indecision, then strong selling.
What confirms it
A further lower close after the third candle.
What invalidates it
A close above the high of the middle candle.
Common mistakes
- Counting an evening star that formed long before the current candles.
Frequently asked questions
Is the evening star bearish?
Yes, it is a bearish reversal pattern after an advance.
How is it different from a shooting star?
A shooting star is a single candle. An evening star is a three-candle sequence.
Related candlestick patterns
Educational content only, not financial advice. Chart patterns describe probabilities, not certainties, and every pattern can fail. See our disclaimer.