Evening Star

Bearish candlestick pattern used to identify when a trend is ready to change direction. Three candles make up the pattern: a large green candle, a small candle with a long upper shadow (the color can be either green or red), and a large red candle. A peak in a price uptrend and the appearance of evening star patterns both indicate that the uptrend is about to end. The morning star pattern, which is seen as a bullish indication, is the opposite of the evening star pattern.