Candle Stick pattern : Evening Star

[Md Mizanur Rahman]

The bearish evening star reversal pattern starts with a tall white bar that carries an uptrend to a new high. The market gaps higher on the next bar but fresh buyers fail to appear, yielding a narrow range candlestick. A gap down on the third bar completes the pattern, which predicts the decline will continue to even lower lows, perhaps triggering a broader scale downtrend. According to Bulkowski, this pattern predicts lower prices with a 72% accuracy rate.

 

[dinoforexpb]

Thanks for sharing

 

[Andrea]

thanks for sharing

 

[kitchi]

Thanks for sharing

 

[kitchi]

Gracias

 

[ezwanmy]

ty very much for sharing, may god bless you

 

[romannl]

Thanks for sharing.. and many people in here got to post 20 thanks to you also

 

[Earl2Run]

This is worth looking at. Interesting info,.

 

[jeff994fire86]

Thanks for sharing This is worth looking at. Interesting info,