Evening Star
A three-candle bearish reversal pattern that signals the top of an uptrend — small body in the middle, big bearish candle to confirm.
USD/JPY printed an evening star on the daily chart at 151.95 in November 2022 — strong rally, doji, deep red engulfing candle. The reversal kicked off a 1,800-pip drop to 130 over the next four months.
Related terms
Morning Star
intermediateA three-candle bullish reversal pattern that signals the bottom of a downtrend — small body in the middle, big bullish candle to confirm.
Doji
intermediateA candlestick where the open and close are almost equal — indecision between buyers and sellers.
Engulfing Candle
intermediateA candle whose body fully swallows the previous candle's body — a strong reversal signal.
Shooting Star
beginnerA bearish candlestick with a small body at the bottom and a long upper wick — a rejection of higher prices at the top of an uptrend.
Outside Bar
intermediateA candle whose range fully engulfs the previous candle's range — a strong sign of momentum and potential reversal.
Higher High
beginnerA swing high that's higher than the previous swing high — one of the two confirmations of an uptrend.