TRADING EDUCATION: CANDLESTICK PATTERNS

The Bearish Evening Doji Star candlestick pattern is a three-candle formation that indicates a potential bearish reversal.

This pattern starts with a strong bullish candle, followed by a Doji that opens higher than the preceding candle. It concludes with a long bearish candle, suggesting a shift in market sentiment.

Signal: This pattern serves as a warning of a possible bearish reversal following an upward trend.

Trend: The Bearish Evening Doji Star typically appears at the peak of an uptrend, signaling that buying pressure may be weakening and that sellers are gaining control.

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