Evening Star – Strong Bearish Reversal
📊 The Evening Star is the opposite of Morning Star → a bearish reversal.
✅ Formation:
1️⃣ First candle – Long green (buying pressure).
2️⃣ Second candle – Small body (indecision).
3️⃣ Third candle – Strong red closing deep into first candle’s body.
✅ Meaning: Bulls lose control, sellers take charge.
📌 Example: A stock rallies from ₹480 → ₹520. At resistance, Evening Star forms near ₹518 → signals downside ahead.
🧠 Rule: Works best near resistance + confirmed by high volume.
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