The The evening star is a reversal pattern, usually formed at th... More is a What is a trend reversal? A trend reversal is when the mark... More pattern, usually formed at the end of an What are uptrends in trading? When the price of an asset o... More.
In What is a trade order? In trading, an order can be defined... More to be valid, the following elements must be present:
- The first 1) that is still part of the recent . has to be a candle (
- The second candle must have a very small body (2), indicating market indecision. It can be either or bullish.
- The third candle confirms the (3), ideally closing beyond the middle of the first candle.