The Evening star is consists of three daily entries and also known as the Three River Evening Star. A doji or small candlestick can appear as a star by gapping either above or below the prior candlestick's real body.

          Evening star is a reversal pattern which is developed by a first day long white candlestick, followed by a second star candlestick which gaps away from the white body, the third day long black candlestick must gap below the body of the star. The third day candlestick must be a long black candlestick and closes significantly into the first day long white candlestick.

        The Evening star reflects a potential top or top reversal indicator if the other technical condition confirm. Upon the completion of the Evening star candlestick, the pattern confirms the exhaustion gap at the top of the trend and the signal is to sell aggressively. This will continue to push the market price downward and may initiate a bearish price move.

Important Criteria :

• The first day candlestick must be a long white candlestick.
• The second day is a doji or small candlestick which gap away from the first day.
• The colour of the star is not important.
• The third day candlestick is a long black candlestick that gaps below the prior star and closes significantly into the first day long white candlestick.
• Occurs in the extreme of uptrend.

The 3 variations of the Three River Evening Star :

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