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O P T I
O P T I
O P T I
How to identify
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The Evening Star bear takes place after or during an uptrend and is assisted by a long white candlestick. The next day prices gap higher on the open, trade within a small range and close near their open. This small body shows the beginning of indecision and lack of confidence in the current trend. This scenario generally shows the potential for a sell off, as many positions have been changed. The next day the prices gap lower on the open and then close still lower. A significant reversal of trend has occurred. Confirmation of the trend reversal is the black third day.
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