Consists of 3 candlesticks. The first candle is an up candle. The second candle creates a new high and is a relatively small candle. This can be a doji or hammer type of pattern. The third candle is a strong bearish candle that reverses the first two candles.
NOTE:
This is only a valid formation when at a key level of resistance.
TRIGGER:
Sell on the open of the next candle after the close of the third candle forming the evening star.
Sell a retracement of the third candle of the evening star.
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